Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying the right ones involves significant risk and volatility [1] Group 1: Company Overview - RF Industries, Ltd. (RFIL) is currently recommended as a growth stock by the Zacks Growth Style Score system, which evaluates a company's real growth prospects beyond traditional metrics [2] - The company has a favorable Growth Score and a top Zacks Rank, indicating strong potential for performance [2] Group 2: Earnings Growth - Historical EPS growth for RF Industries stands at 46%, but projected EPS growth for this year is expected to be 333.3%, significantly outperforming the industry average of -14.8% [4] Group 3: Asset Utilization - RF Industries has an asset utilization ratio (sales-to-total-assets ratio) of 0.87, indicating that the company generates $0.87 in sales for every dollar in assets, compared to the industry average of 0.51, showcasing higher efficiency [5] Group 4: Sales Growth - The company's sales are projected to grow by 11.7% this year, while the industry average is expected to decline by 1.4%, highlighting RF Industries' strong sales growth potential [6] Group 5: Earnings Estimate Revisions - The current-year earnings estimates for RF Industries have been revised upward, with the Zacks Consensus Estimate increasing by 175% over the past month, indicating positive momentum [8] Group 6: Investment Positioning - RF Industries has achieved a Zacks Rank of 2 and a Growth Score of A, positioning it well for potential outperformance in the growth stock category, making it an attractive option for growth investors [10]

Financial Performance - Net sales for the fiscal year ended October 31, 2024, were $64.9 million, a decrease of 10.1% or $7.3 million compared to $72.2 million in 2023[208]. - Gross profit for fiscal 2024 decreased by $0.6 million to $18.9 million, while gross margins increased to 29.1% from 27.1% in fiscal 2023[209]. - The consolidated net loss for fiscal 2024 was $6.6 million, with a fully diluted loss per share of $0.63, compared to a net loss of $3.1 million and a loss per share of $0.30 in fiscal 2023[214]. - The provision for income taxes was $2.8 million, resulting in an effective tax rate of 73.5% for fiscal 2024[213]. Segment Performance - For the fiscal year ended October 31, 2024, the Custom Cabling segment accounted for 42% of total sales, while the RF Connector segment accounted for 58%[197]. - The Custom Cabling segment recorded a pretax income of $1.1 million, while the RF Connector segment incurred a pretax loss of $3.7 million in fiscal 2024[212]. - The Custom Cabling segment's growth was driven by increased Direct Air Cooling sales and small cell deployment[212]. Assets and Liabilities - As of October 31, 2024, the company reported total assets of $71.0 million, a decrease from $82.3 million in 2023[199]. - As of October 31, 2024, the company had a working capital of $11.0 million, down from $23.5 million in 2023, primarily due to changes in debt classification[201]. - The company recorded a valuation allowance of $3.8 million against its deferred tax assets as of October 31, 2024, reflecting an increase of $3.8 million from the previous year[192][193]. Cash Flow and Expenditures - The company generated $3.2 million in cash from operating activities for the fiscal year, despite a net loss of $6.6 million[203]. - The company spent $0.7 million on capital expenditures and drew $7.2 million on the EBC Revolving Loan Facility as of October 31, 2024[204]. Backlog and Future Plans - The company had a backlog of $19.5 million as of October 31, 2024, an increase from $16.1 million in the previous year, driven by Direct Air Cooling and small cell requirements[202]. - The company plans to implement cost-cutting measures and consolidate facilities to improve operating cash flow and liquidity[200]. Cost Management - Engineering expenses decreased by $0.4 million to $2.8 million in fiscal 2024, primarily due to advances in product development[210]. - Selling and general expenses decreased by $1.3 million to $18.9 million, representing 29.2% of sales, compared to 28.0% in fiscal 2023[211]. - The company experienced increased manufacturing costs due to rising labor and raw material prices, influenced by inflation and supply shortages[215]. - The company implemented cost-saving initiatives, including restructuring and reduced general office expenses, contributing to lower selling and general expenses[211]. Valuation and Impairment - The discount rates used in the DCF model for the Microlab reporting unit were 17.0% and 18.0% as of October 31, 2024, and April 30, 2024, respectively[188]. - The Microlab reporting unit had an estimated fair value exceeding its carrying value by 8.9% as of October 31, 2024, indicating no impairment was recorded[190].

RF Industries, Ltd. (NASDAQ:RFIL) Q4 2024 Earnings Conference Call January 16, 2025 4:30 PM ET Company Participants Margaret Boyce - Investor Relations Robert Dawson - Chief Executive Officer Ray Bibisi - President and Chief Operating Officer Peter Yin - Chief Financial Officer Conference Call Participants Matthew Boss - B. Riley Securities Steven Kohl - Mangrove Capital Operator Good day, everyone, and welcome to the RF Industries Fourth Quarter Fiscal 2024 Financial Results Conference Call. At this time, ...

Fiscal 2024 Highlights and Operating Results: Exhibit 99.1 FOR IMMEDIATE RELEASE RF Industries Reports Fourth Quarter and Fiscal Year 2024 Financial Results SAN DIEGO, CA, January 16, 2025 – RF Industries, Ltd, (NASDAQ: RFIL), a national manufacturer and marketer of interconnect products and systems, today announced fourth quarter and fiscal year 2024 financial results for the fiscal year ended October 31, 2024. Fourth Quarter Fiscal 2024 Highlights and Operating Results: See "Note Regarding Use of Non-GAAP ...

RF Industries, Ltd. (RFIL) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of $0.06. This compares to loss of $0.08 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -116.67%. A quarter ago, it was expected that this company would post a loss of $0.03 per share when it actually produced earnings of $0.01, delivering a surprise of 133.33%. Over the last four quarters, the company has surpasse ...

RF Industries, Ltd. (NASDAQ:RFIL) Q3 2024 Earnings Conference Call September 16, 2024 4:30 PM ET Company Participants Margaret Boyce - IR Rob Dawson - CEO Ray Bibisi - President & COO Peter Yin - CFO Conference Call Participants Josh Nichols - B. Riley Steven Kohl - Mangrove Operator Greetings. Welcome to RF Industries Third Quarter Fiscal 2024 Financial Results Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer will follow the formal presentation. [Operator Ins ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 000-13301 RF INDUSTRIES, LTD. (Exact name of registrant as specified in its charter) Nevada 88-0168936 (State or other jurisdiction of incorporation or organization) (I.R.S. Employ ...

Exhibit 99.1 RF Industries Reports Third Quarter Fiscal Year 2024 Financial Results SAN DIEGO, CA, September 16, 2024 – RF Industries, Ltd, (NASDAQ: RFIL), a national manufacturer and marketer of interconnect products and systems, today announced third quarter fiscal year 2024 financial results for the quarter ended July 31, 2024. Third Quarter Fiscal Year 2024 Highlights and Operating Results: ● Net sales were $16.8 million; up 4.5% from $16.1 million in the second quarter of fiscal 2024 and up 7.6% from $ ...

The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. Most Powerful Force Impacting Stock Prices Harnessing the Power of Earnings Estimate Revisions Earnings Estimate Revisions for RF Industries Bottom Line The upgrade of RF Industries to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stoc ...

RF Industries, Ltd. (NASDAQ:RFIL) Q2 2024 Earnings Conference Call June 13, 2024 4:30 PM ET Company Participants Margaret Boyce - Investor Relations Rob Dawson - Chief Executive Officer Ray Bibisi - President and Chief Operating Officer Peter Yin - Chief Financial Officer Conference Call Participants Josh Nichols - B. Riley Operator Greetings. Welcome to RF Industries Second Quarter Fiscal 2024 Financial Results Conference Call. At this time all participants are in a listen-only mode. A question-and-answer ...