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-0.0264255910987483 -0.0264255910987483 -0.0264255910987483 -0.0264255910987483 -0.0264255910987483 -0.0222531293463143 -0.0222531293463143 -0.0222531293463143
Stock impact report

RF Industries Reports Sales Growth of 34% and Net Income Growth of 41% in First Quarter of Fiscal 2019

RF Industries, Ltd. (RFIL) 
Last rf industries, ltd. earnings: 3/12 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: rfindustries.com/investor-info.html
Company Research Source: GlobeNewswire
SAN DIEGO, March 12, 2019 (GLOBE NEWSWIRE) -- RF Industries, Ltd, (NASDAQ: RFIL), a national manufacturer and marketer of interconnect products and systems, today announced its financial results for the first quarter of fiscal 2019 ended January 31, 2019. First Quarter Fiscal 2019 Financial Highlights: Net sales increased 34% year over year to $10.6 millionGross margin was 30%, the sixth straight quarter with gross margin of at least 30%Net income increased 41% year over year to $640,000, or $0.07 per diluted shareBacklog of $10.6 million at January 31, 2019 on first quarter bookings of $10.9 millionDeclared $0.02 per share dividend, the Company’s 35th consecutive quarterly dividend Robert Dawson, President and CEO of RF Industries, commented: “We are pleased to report another strong quarter that includes solid year-over-year growth in both sales and net income. We drove higher sales in both reporting segments over the prior year with the Custom Cabling segment growing 38% and t Show less Read more
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