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SAN DIEGO - RF Industries, Ltd. (NASDAQ:RFIL), a small-cap technology company with a market capitalization of $52 million that has seen its stock surge 35% over the past six months, has received $1.7 million in orders for integrated small cell shrouds and related materials from a Tier 1 wireless carrier customer, according to a press release statement issued Monday.
The national manufacturer of interconnect products expects to begin shipping the systems later this fiscal year. These new orders add to the company’s existing backlog, supporting the company’s impressive 20% year-over-year revenue growth. According to InvestingPro analysis, while RF Industries currently trades above its Fair Value, analysts expect the company to return to profitability this fiscal year.
RF Industries specializes in designing mid-pole and pole-top concealment shrouds for small cell equipment, including radios, combiners, antennas, power distribution units, and interconnect cabling. The company offers pre-assembly of these shrouds in controlled environments as part of its turnkey integration service.
"We believe that our momentum in the market is accelerating especially in high-value solutions like DAC thermal cooling and integrated small cell shrouds," said Robert Dawson, CEO of RF Industries, in the press release.
The company, headquartered in San Diego with additional operations in New York, Connecticut, Rhode Island and New Jersey, designs and manufactures interconnect products for wireless/wireline telecom, data communications and industrial markets.
RF Industries claims its small cell platforms are designed to optimize customer projects while reducing installation errors and maintenance expenses. The company states it manages manufacturing operations and supply chain for most components of its small cell concealment solutions.
In other recent news, RF Industries Ltd reported a robust second quarter for fiscal year 2025, with net sales climbing by 17% year-over-year to reach $18.9 million. This performance exceeded revenue forecasts, resulting in a positive market reaction. The company’s earnings per share (EPS) came in at $0.07, surpassing expectations and indicating strong financial health. RF Industries also reported a gross profit margin improvement to 31.5%, alongside a return to operating income from a previous loss. The company has been expanding into wireless, aerospace, and industrial markets, contributing to its improved financial metrics. Additionally, RF Industries has launched new products in the cooling and antenna systems markets, further diversifying its offerings. Looking forward, the company anticipates its Q3 FY2025 sales to remain consistent with Q2, targeting a 10% adjusted EBITDA margin. B. Riley analysts participated in the earnings call, highlighting the company’s backlog growth and revenue diversification.
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