2023-03-13 16:22:00 ET
- RF Industries press release ( NASDAQ: RFIL ): Q1 GAAP EPS of $0.00 misses by $0.02 .
- Revenue of $18.34M (+8.4% Y/Y) misses by $1.36M .
- Backlog was $24.5 million at the end of the first quarter on bookings of $15.0 million. As of today, backlog stands at $24.0 million.
- Gross profit margin was 27.7%, up 360 basis points from 24.1% in the first quarter of fiscal 2022, primarily due to the contribution of Microlab's higher margin sales.
- Shares -2.39% .
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RF Industries GAAP EPS of $0.00 misses by $0.02, revenue of $18.34M misses by $1.36M