RF Industries (NASDAQ:RFIL) Posts Quarterly Earnings Results

RF Industries (NASDAQ:RFIL) posted its quarterly earnings results on Monday. The electronics maker reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.05, FiscalAI reports. The firm had revenue of $20.69 million for the quarter, compared to analyst estimates of $19.67 million. RF Industries had a return on equity of 12.94% and a net margin of 1.70%.

Here are the key takeaways from RF Industries’ conference call:

• Revenue rose 9% year over year and sequentially to $20.7 million, while gross margin expanded to 35.1%, showing continued operating leverage above the $20 million quarterly revenue level.
• Bookings were $26.3 million, the company’s strongest quarter in years, pushing backlog to about $20.1 million and improving visibility into the second half of fiscal 2026.
• Adjusted EBITDA nearly doubled to $2.0 million, and the company reported positive net income of $879,000 versus a loss a year ago, reflecting better mix, pricing, and cost control.
• Management said custom cabling remained a major growth driver, while integrated systems was temporarily slower due to small-cell timing issues that they expect to improve later in the year.
• The company highlighted expanding momentum in DAC direct air cooling and edge data center applications, and noted it expects Q3 sales to increase sequentially with margin expansion continuing.

RF Industries Trading Down 9.3%

RFIL stock opened at $16.44 on Wednesday. The firm has a market capitalization of $177.72 million, a PE ratio of 117.44 and a beta of 1.30. RF Industries has a 1-year low of $4.40 and a 1-year high of $20.00. The business’s 50 day simple moving average is $15.79 and its 200 day simple moving average is $11.39.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. acquired a new position in RF Industries in the 1st quarter valued at $56,000. Trexquant Investment LP acquired a new position in RF Industries in the 4th quarter valued at $128,000. Essex Investment Management Co. LLC acquired a new position in RF Industries in the 4th quarter valued at $142,000. Centiva Capital LP acquired a new position in RF Industries in the 3rd quarter valued at $144,000. Finally, XTX Topco Ltd grew its holdings in RF Industries by 26.9% in the 4th quarter. XTX Topco Ltd now owns 25,227 shares of the electronics maker’s stock valued at $146,000 after buying an additional 5,350 shares in the last quarter. 23.49% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

RFIL has been the topic of a number of recent analyst reports. Weiss Ratings raised RF Industries from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, June 2nd. Wall Street Zen lowered RF Industries from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 28th. Zacks Research lowered RF Industries from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Finally, B. Riley Financial boosted their target price on RF Industries from $11.25 to $18.00 and gave the stock a “neutral” rating in a report on Tuesday. Three research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $18.00.

About RF Industries

RF Industries, Inc (NASDAQ: RFIL) is a manufacturer and supplier of connectivity products and solutions for the wireless, broadcast, cable television, data networking, defense and aerospace markets. The company specializes in both standard and custom coaxial and fiber-optic cable assemblies, connectors, adapters and test accessories designed to withstand demanding environmental conditions. Through its product portfolio, RF Industries supports applications ranging from RF signal transmission and satellite communications to industrial automation and instrumentation.

The company’s offerings include premade and build-to-print coaxial cables and assemblies, field-installable connectors, power distribution components and calibration-grade test equipment.