RF Industries (RFIL) Reports Q4 EPS of $0.08

RF Industries (NASDAQ: RFIL) reported Q4 EPS of $0.08, versus $0.11 reported last year. Revenue for the quarter came in at $15.5 million, versus $9.9 million reported last year.

Robert Dawson, President and CEO of RF Industries, commented:

“We are pleased to report another strong quarter with sales growth of 57% over the fourth quarter of last year, reflecting the continued progress we are making in the multi-year transformation of our business. During the fiscal year, we steadily grew our core distribution business, while also completing a successful acquisition that broadened and strengthened our product offering for the telecom, data center, and wireless markets. As we move into fiscal 2020, we continue to put the pieces in place to further build a platform for continued growth, including our recent acquisition of Schroff Technologies International and the addition of talent to our leadership team. Finally, we remain focused on our long-term growth plan of reaching $100 million in sales.”

For earnings history and earnings-related data on RF Industries (RFIL) click here.

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