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Rf Industries, Ltd. (RFIL)
:RFIL
Holding RFIL?
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Earnings Data
Report Date
Mar 13, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.03Last Year’s EPS
-0.06Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Dec 20, 2018
|% Change Since: -8.99%
|Next Earnings Date:Sep 12, 2018
Earnings Call Sentiment|Positive
The earnings call presented a mix of positive developments such as increased net sales, improved margins, and success with the DAC product line, against ongoing challenges like operating losses and cautious CapEx spending from major telecom companies. Overall, the positive outcomes and strategic positioning seem to outweigh the challenges.Company Guidance
During the RF Industries Third Quarter Fiscal 2024 earnings call, the company's leadership provided optimistic guidance, highlighting key metrics and expectations for future performance. Net sales for the quarter reached $16.8 million, reflecting a 5% sequential increase and an 8% year-over-year rise. The gross profit margin improved significantly, reaching 29.5%, a 510 basis point increase from the previous year, and close to the company's near-term target of 30%. Adjusted EBITDA was positive for the second consecutive quarter, marking a substantial turnaround from the losses experienced in 2023. The company's backlog stood at $20.1 million, with third-quarter bookings totaling $18.9 million, indicating sustained demand. Looking ahead, RF Industries anticipates continued sequential sales growth in the fourth quarter. CEO Rob Dawson emphasized that the company is well-positioned to meet current and future customer needs, with expectations of increased sales driven by higher-margin product lines and improved visibility into customer demand.Increase in Net Sales and Gross Profit Margin
Net sales increased 4.5% sequentially to $16.8 million and were up 7.6% year-over-year. Gross profit margin increased 510 basis points to 29.5% from 24.4% year-over-year.
Positive Adjusted EBITDA
Adjusted EBITDA was positive at $460,000, a significant improvement from an adjusted EBITDA loss of $940,000 year-over-year.
Strong Backlog and Financial Position
The backlog as of July 31, 2024, was $20.1 million on third quarter bookings of $18.9 million. The company reduced its line of credit balance and managed inventory levels effectively.
DAC Product Line Success
Significant wins with the DAC product line, with $2.7 million in orders from a top-tier wireless carrier, indicating potential for national deployment.
Expense Reduction Initiatives
Implemented expense reduction initiatives resulting in improved operating leverage and positioning the company for future growth.
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RFIL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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RFIL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 16, 2025 | $4.56 | $4.15 | -8.99% |
| Sep 16, 2024 | $4.30 | $3.80 | -11.63% |
| Jun 13, 2024 | $3.20 | $3.35 | +4.69% |
| Mar 18, 2024 | $3.02 | $3.05 | +0.99% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Rf Industries, Ltd. (RFIL) report earnings?
Rf Industries, Ltd. (RFIL) is schdueled to report earning on Mar 13, 2025, TBA Not Confirmed.
What is Rf Industries, Ltd. (RFIL) earnings time?
Rf Industries, Ltd. (RFIL) earnings time is at Mar 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RFIL EPS forecast?
RFIL EPS forecast for the fiscal quarter 2025 (Q1) is 0.03.
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