EX-99.1 ex_1014274.htm EXHIBIT 99.1 ex_1014274.htm Exhibit 99.1
RF Industries Reports Third Quarter Fiscal Year 2026 Financial Results SAN DIEGO, CA, September 14, 2026 – RF Industries, Ltd. (NASDAQ: RFIL), a national manufacturer and marketer of interconnect products and systems, today announced financial results for the third quarter of fiscal year 2026 ended July 31, 2026.
Third Quarter Fiscal 2026 Highlights and Operating Results:
Net sales were a record $23.96 million, a 21% increase from $19.8 million in the prior year period and a 16% increase from $20.7 million in the second quarter of fiscal 2026.
Backlog of $18.6 million at quarter end on third quarter bookings of $22.5 million. As of today, the backlog stands at $19.8 million.
Gross profit margin was 35.6%, a 160-basis point improvement from 34% in the prior year period.
Operating income was $1.8 million, an improvement of $1.1 million from operating income of $720,000 in the prior year period.
Consolidated net income was $1.44 million, or $0.12 per diluted share, a 267% increase from $392,000, or $0.04 per diluted share in the prior year period.
Non-GAAP net income was $2.2 million, or $0.19 per diluted share, compared to non-GAAP net income of $1.1 million, or $0.10 per diluted share, in the third quarter of fiscal 2025.
Adjusted EBITDA was $2.7 million, up from $1.6 million in the prior year period.
Filing figures are from this filing. Earlier figures are from past filings.