Key Takeaways RF Industries' backlog rose to $15M on $18.7M bookings, reflecting strong customer adoption.Gross margin expanded 160 bps to 31.5% on better product mix and efficiency efforts.The Zacks Consensus Estimate indicates Q3 sales to be near $18.5M with EPS at $0.06.RF Industries (RFIL) shares have plunged 24.6% in the past month, underperforming the Zacks Computer and Technology sector’s return of 2% and the Zacks Semiconductor Radio Frequency industry’s appreciation of 1.9%.RF Industries benefits f ...