RF Industries Exceeds Expectations in Q2 FY2025
RF Industries, Ltd. (NASDAQ:RFIL) recently announced its financial results for the second quarter of fiscal year 2025, outperforming market expectations.
- Earnings Per Share (EPS) reached -$0.02, a promising improvement compared to last year’s loss.
- Revenue hit $18.9 million, marking a 17.4% increase year-over-year, surpassing estimates.
- Gross Profit Margin improved to 31.5%, showcasing a reduction in net loss versus the previous year.
Despite reporting a negative price-to-earnings ratio of -8.61, RFIL has a manageable debt-to-equity ratio of 0.82, indicating moderate financial leverage. With a current ratio of 1.66, the company maintains sufficient liquidity for short-term obligations.
Gross profit margin improvements to 31.5%, alongside operating income of $106,000, reflect RFIL’s operational strengthening. The consolidated net loss of $245,000, or $0.02 per diluted share, shows a significant decline from last year’s net loss of $4.3 million, demonstrating the company’s recovery.