RF Industries Reports Second Quarter Fiscal Year 2026 Financial Results

About this update from Rf Industries, Ltd.

SAN DIEGO, CA / ACCESS Newswire / June 15, 2026 / RF Industries, Ltd, (NASDAQ:RFIL), a national manufacturer and marketer of interconnect products and systems, today announced financial results for the second quarter of fiscal year 2026 ended April 30, 2026. Second Quarter Fiscal 2026 Highlights and Operating Results: See "Note Regarding Use of Non-GAAP Financial Measures," "Unaudited Reconciliation of GAAP to non-GAAP Net Income," "Unaudited Reconciliation of Net Income (Loss) to Adjusted EBITDA" and the description of bookings and backlog below for additional information. Management Commentary "We delivered a strong second quarter by translating solid demand and disciplined execution into both revenue growth and meaningful margin expansion," said Robert Dawson, Chief Executive Officer of RF Industries. "Second quarter revenue of nearly $21 million increased both year-over-year and sequentially, while gross profit margin expanded to 35%, a 360 basis-point gain over the comparable period a year ago. Adjusted EBITDA nearly doubled year-over-year to $2 million, and we also delivered positive consolidated net income of $879,000 compared to a loss of $245,000 in the second quarter of fiscal 2025. These bottom-line results demonstrate the improved product mix and operating leverage that our team has achieved over the past couple of years. Importantly, we continued to generate robust bookings, driving backlog to $20 million at quarter end and reinforcing our visibility into the second half of the fiscal year." "Our team continues to execute on our long-term plans as we expand into higher-value applications with our small cell, DAC, and custom cabling solutions. Our strategy to diversify our end markets not only helped mitigate customer and revenue concentration but also opened direct access to some of the most dynamic sectors in our economy-aerospace, data centers and AI infrastructure, transportation, and public safety, as well as new opportunities in telecommunications. We believe the progress we are making is increasingly evident in our financial results. With improved profitability, a strengthened backlog, and continued operational discipline, we believe we are positioned to build on this momentum and deliver a solid performance in the second half of fiscal 2026," concluded Dawson. Conference Call ...

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