RF Industries Reports Strong Q3 Earnings with Revenue Growth, Margin Expansion
RF Industries (NASDAQ: RFIL) reported record fiscal third-quarter revenue of $24 million in its recent earnings call. This represents a year-over-year increase of 21% and a sequential rise of 16%, driven by higher-value integrated systems and custom cabling offerings. The company's gross margin expanded to 35.6%, surpassing the previous target, while adjusted EBITDA rose sharply by 71% to $2.7 million with an impressive margin of 11.1%. Management highlighted continued positive cash flow and a reduction in net debt as key financial improvements. Looking ahead, RF Industries expects fourth-quarter sales to match or exceed Q3 levels due to strong momentum in small-cell products and direct air-cooling technologies. The company is also exploring opportunities across edge data centers, AI infrastructure, aerospace, defense, and other diversified markets.
Tickers: $RFIL
Topics: ebitda financial_performance margin_expansion revenue_growth