RF Industries (NASDAQ:RFIL) Issues Quarterly Earnings Results

RF Industries (NASDAQ:RFIL) issued its quarterly earnings results on Monday. The electronics maker reported $0.06 EPS for the quarter, topping the consensus estimate of $0.03 by $0.03, FiscalAI reports. RF Industries had a return on equity of 10.60% and a net margin of 0.34%.The company had revenue of $18.97 million for the quarter, compared to the consensus estimate of $18.72 million.

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

• Company reported meaningful profitability improvement with gross margin up 250 bps to 32.3%, operating income tripling to $177k, and adjusted EBITDA rising 22% to ~$1.1M, driving non-GAAP EPS of $0.06.
• Backlog expanded materially to $18.6 million (up from $12.4M mid-January), and management expects revenue growth to accelerate in the back half of fiscal 2026.
• Management is diversifying away from cyclical tier‑one wireless CapEx by winning higher‑value work (Direct Air Cooling, small cell, custom cabling) and expanding into new verticals like wireline, cable, edge data centers, aerospace, and industrial.
• Financial and operational footing strengthened—cash of $5.1M, net debt down ~$4.8M year‑over‑year, renegotiated credit facility for lower costs, and supply‑chain diversification that supports scaling without significant CapEx.
• Management notes backlog is a timing snapshot that can swing between periods and guidance is forward‑looking, so near‑term results remain dependent on order timing and successful execution.

RF Industries Trading Up 12.3%

Shares of NASDAQ:RFIL opened at $13.13 on Wednesday. The firm has a market capitalization of $140.62 million, a PE ratio of 328.33 and a beta of 0.99. RF Industries has a 1-year low of $3.39 and a 1-year high of $13.54. The business’s 50 day moving average is $10.29 and its 200-day moving average is $8.18.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Zacks Research raised shares of RF Industries from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 16th. B. Riley Financial increased their price target on shares of RF Industries from $10.25 to $11.25 and gave the company a “neutral” rating in a report on Tuesday. Finally, Weiss Ratings upgraded shares of RF Industries from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $11.25.

Institutional Investors Weigh In On RF Industries

A number of institutional investors have recently bought and sold shares of the business. Goldman Sachs Group Inc. bought a new stake in RF Industries in the 1st quarter valued at $56,000. Vanguard Group Inc. lifted its holdings in shares of RF Industries by 5.5% during the 3rd quarter. Vanguard Group Inc. now owns 391,659 shares of the electronics maker’s stock worth $3,223,000 after acquiring an additional 20,536 shares during the period. Arrowstreet Capital Limited Partnership acquired a new stake in shares of RF Industries during the 3rd quarter valued at about $1,651,000. Bridgeway Capital Management LLC boosted its position in shares of RF Industries by 38.1% during the 3rd quarter. Bridgeway Capital Management LLC now owns 66,676 shares of the electronics maker’s stock valued at $549,000 after acquiring an additional 18,380 shares in the last quarter. Finally, Two Sigma Investments LP bought a new stake in RF Industries in the third quarter valued at about $169,000. Institutional investors and hedge funds own 23.49% of the company’s stock.

RF Industries Company Profile

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.