RF Industries, Ltd. Announces Preliminary Unaudited Consolidated Earnings Results for the Fiscal Fourth Quarter and Full Year Ended October 31, 2012
January 07, 2013 at 08:45 am EST
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RF Industries, Ltd. announced preliminary unaudited consolidated earnings results for the fiscal fourth quarter and full year ended October 31, 2012. For the fourth quarter ended October 31, 2012, preliminary unaudited revenues increased $4.5 million, or 77%, to $10.5 million as compared to $6.0 million in the same quarter of fiscal 2011. Preliminary unaudited consolidated net income for the quarter was $1.2 million, or $0.17 per basic and $0.15 per diluted share, compared to consolidated net loss of $0.05 million, or $0.01 net loss per basic and diluted share in the fourth quarter of 2011.
For the fiscal year ended October 31, 2012, preliminary unaudited revenues increased 56% to $30.2 million as compared to revenues of $19.4 million in fiscal 2011. Preliminary unaudited consolidated net income was $2.6 million or $0.38 per basic and $0.34 per diluted share as compared to consolidated net income of $0.773 million or $0.12 per basic and $0.11 per diluted share in the same prior year period.
RF Industries, Ltd. is a manufacturer and marketer of interconnect products and systems. The Companyâs segments include RF Connector and Cable Assembly (RF Connector) and Custom Cabling Manufacturing and Assembly (Custom Cabling). The RF Connector segment designs, manufactures, markets and distributes a range of RF connector, adapter, coupler, divider, and cable products, including coaxial passives and cable assemblies that are used in telecommunications and information technology, original equipment manufacturers markets and other end markets. The Custom Cabling segment designs, manufactures, markets and distributes custom copper and fiber cable assemblies, complex hybrid fiber optic and power solution cables, electromechanical wiring harnesses, wiring harnesses for a range of applications in a diverse set of end markets, energy-efficient cooling systems for wireless base stations and remote equipment shelters and custom designed, pole-ready 5G small cell integrated enclosures.
RF INDUSTRIES, LTD. 
