RF Industries delivered record Q3 results, exceeding margin targets and strengthening its balance sheet, with management projecting continued momentum into the fourth quarter.
RF Industries reported record Q3 revenue of $24M, up 21% YoY, with expanding margins and positive Q4 guidance, indicating strong operational momentum.
RF Industries (NASDAQ: RFIL) posted record fiscal third-quarter revenue of $24 million, marking a 21% increase from the prior year. The company saw significant margin expansion, with adjusted EBITDA rising 71% to $2.7 million, as management leverages growth in custom cabling and integrated systems to drive profitability.
The growth was primarily driven by higher-value integrated systems and custom cabling offerings, alongside improved operating leverage as revenue scaled.