RF Industries Ltd (RFIL)

RF Industries to Report Second Quarter Results on June 15June 1, 2026 8:00 AM
ACCESS NewswireSAN DIEGO, CA / ACCESS Newswire / June 1, 2026 / RF Industries, Ltd, (NASDAQ:RFIL), a national manufacturer and marketer of interconnect products and systems, today announced that it will release its second quarter fiscal year 2026 financial results after the close of the market on Monday, June 15, 2026.The Company will host a conference call and live webcast on June 15, 2026, at 4:30 p.m. Eastern Time/1:30 p.m. Pacific Time to discuss its financial results.To access the live call, dial 888-506-0062 (US and Canada) or 973-528-0011 (International) and give the participant access code 801697.A live and archived webcast of the conference call will be accessible on the investor relations section of the Company's www.rfindustries.com.About RF IndustriesConnecting the next generation with tomorrow's technology. RF Industries designs and manufactures a broad range of interconnect products across diversified, growing markets, including wireless/wireline telecom, data communications and industrial. The Company's products include high-performance components used in commercial applications such as RF connectors and adapters, RF passives including dividers, directional couplers and filters, coaxial cables, data cables, wire harnesses, fiber optic cables, custom cabling, energy-efficient cooling systems and integrated small cell enclosures. The Company is headquartered in San Diego, California with additional operations in New York, Connecticut, and New Jersey. Please visit the RF Industries website at www.rfindustries.com.RF Industries Contact:
Peter Yin
SVP and CFO
(858) 549-6340
rfi@rfindustries.comIR Contact:
Donni Case
Financial Profiles, Inc.
(310) 622-8224
RFIL@finprofiles.comSOURCE: RF Industries, Ltd.View the original press release on ACCESS NewswireOriginal: RF Industries to Report Second Quarter Results on June 15

RF Industries Reports First Quarter Fiscal Year 2026 Financial ResultsMarch 16, 2026 4:05 PM
ACCESS NewswireSAN DIEGO, CA / ACCESS Newswire / March 16, 2026 / RF Industries, Ltd, (NASDAQ:RFIL), a national manufacturer and marketer of interconnect products and systems, today announced financial results for the first quarter of fiscal year 2026 ended January 31, 2026.First Quarter Fiscal 2026 Highlights and Operating Results:Net sales were $19.0 million, a 1% decrease from $19.2 million year-over-year and a decrease of 16% from $22.7 million in the fourth quarter of fiscal 2025 primarily due to normal seasonality.Backlog of $14.4 million at quarter-end on first quarter bookings of $17.9 million. As of today, the backlog stands at $18.6 million.Gross profit margin was 32.3%, a 250-basis point improvement from 29.8% in the prior year quarter.Operating income was $177,000, an improvement from operating income of $56,000 year- over-year.Consolidated net loss was $50,000, or $0.00 per diluted share, an improvement from a consolidated net loss of $245,000, or $0.02 per diluted share year-over-year.Non-GAAP net income was $659,000, or $0.06 per diluted share, compared to non-GAAP net income of $397,000, or $0.04 per diluted share, in the first quarter of fiscal 2025.Adjusted EBITDA was $1.1 million, up from $867,000 year-over-year.See "Note Regarding Use of Non-GAAP Financial Measures," "Unaudited Reconciliation of GAAP to non-GAAP Net Income," "Unaudited Reconciliation of Net Income to Adjusted EBITDA" and the description of bookings and backlog below for additional information.Management Commentary"Our first quarter results demonstrated continued progress in strengthening the profitability and operating discipline of RF Industries while overcoming the normal seasonality. Net sales in the first quarter were $19 million kicking off a solid start to fiscal year 2026. The key takeaway this quarter was the meaningful improvement in our profitability. While sales were basically flat year-over-year, our gross profit margin improved 250 basis points, which translated into operating income that more than tripled to $177,000 and adjusted EBITDA that increased 22% to $1.1 million. This quarter's strong performance reflected better price realization across our portfolio along with operational efficiencies, and our ongoing focus on cost control," said Robert Dawson, Chief Executive Officer of RF Industries."I'm extremely pleased with our team's strong execution on our strategic plan to diversify our customer base and end markets, while staying laser-focused on increasing profitability. When I look at our roster of customers, I believe we are gaining traction with many new and well-known names both in and beyond our traditional markets. If we successfully continue to move into new verticals - wireline, cable, aerospace, and datacenters - our opportunity set should expand significantly. Furthermore, I believe that our higher value solutions are grabbing attention and showing momentum across several end markets and applications. Following a landmark fiscal 2025, our team is even more excited about 2026. We feel confident that we can execute against our strategic priorities, and similar to 2025, with the significant increase in our backlog, we expect revenue growth to accelerate in the back half of the year," concluded Dawson.Conference Call and WebcastRF Industries will host a conference call and live webcast today, March 16, 2026, at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time) to discuss its fiscal first quarter 2026 financial results. To access the live call, dial 877-545-0523 (US and Canada) or 973-528-0016 (International) and give the participant access code 381953. A live audio webcast of the call will also be available on the Investor Relations section of RFI's website at www.rfindustries.com and will be archived for replay.About RF IndustriesConnecting the next generation with tomorrow's technology, RF Industries designs and manufactures a broad range of interconnect products across diversified, growing markets, including wireless/wireline telecom, data communications and industrial. The Company's products include high-performance components used in commercial applications such as RF connectors and adapters, RF passives including dividers, directional couplers and filters, coaxial cables, data cables, wire harnesses, fiber optic cables, custom cabling, energy-efficient cooling systems and integrated small cell enclosures. The Company is headquartered in San Diego, California with additional operations in New York, Connecticut, and New Jersey. Please visit the RF Industries website at www.rfindustries.com.Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, with respect to future events. Forward-looking statements include, among others, statements concerning our expectations about profitability, revenues, industry trends, markets and any growth trajectory thereof, demand for our products, backlog, financial goals, growth opportunities and the expected benefits and desirability of our products, in each case which are subject to a number of factors that could cause actual results to differ materially. Factors that could cause or contribute to such differences include, but are not limited to: our cash and liquidity needs; our ability to continue as a going concern; non-compliance with terms and covenants in our credit facility; changes in the telecommunications industry and materialization and timing of expected network buildouts; timing and breadth of new products; our ability to realize increased sales; successfully integrating new products and teams; our ability to execute on our go-to-market strategies and channel models; our reliance on certain distributors and customers for a significant portion of anticipated revenues; the impact of existing and additional future tariffs imposed by U.S. and foreign nations; our ability to expand our OEM relationships; our ability to continue to deliver newly designed and custom fiber optic and cabling products to principal customers; our ability to maintain strong margins and diversify our customer base; our ability to initiate operating efficiencies, cost savings and expense reductions; our ability to address the changing needs of the market and capitalize on new market opportunities; our ability to add value to our customer's needs; the success of any product launches; and our ability to increase revenue, gross margins or obtain profitability in a timely manner. Further discussion of these and other potential risks and uncertainties may be found in the Company's public filings with the Securities and Exchange Commission (www.sec.gov) including our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. All forward-looking statements are based upon information available to the Company on the date they are published, and we undertake no obligation to publicly update or revise any forward-looking statements to reflect events or new information after the date of this release.Note Regarding Use of Non-GAAP Financial MeasuresTo supplement our unaudited condensed financial statements presented in accordance with U.S. generally accepted accounting principles (GAAP), this earnings release and the accompanying tables and the related earnings conference call contain certain non-GAAP financial measures, including adjusted earnings before interest, taxes, depreciation, amortization (Adjusted EBITDA), non-GAAP net income (loss) and non-GAAP earnings (loss) per share, basic and diluted (non-GAAP EPS).We believe these financial measures provide useful information to investors with which to analyze our operating trends and performance by excluding certain non-cash and other one-time expenses that we believe are not indicative of our operating results.In computing Adjusted EBITDA, non-GAAP net income (loss) and non-GAAP EPS, we exclude stock-based compensation expense, which represents non-cash charges for the fair value of stock options and other non-cash awards granted to employees, non-cash and other one-time charges, severance, amortization expense and provision from income taxes. For Adjusted EBITDA, we also exclude depreciation and interest expense. Because of varying available valuation methodologies, subjective assumptions, and the variety of equity instruments that can impact a company's non-cash operating expenses, we believe that providing non-GAAP financial measures that exclude non-cash expense and non-recurring costs and expenses allows for meaningful comparisons between our core business operating results and those of other companies, as well as provides us with an important tool for financial and operational decision-making and for evaluating our own core business operating results over different periods of time.Our Adjusted EBITDA, non-GAAP net income (loss) and non-GAAP EPS measures may not provide information that is directly comparable to that provided by other companies in our industry, as other companies in our industry may calculate non-GAAP financial results differently, particularly related to non-recurring, unusual items. Our Adjusted EBITDA, non-GAAP net income (loss) and non-GAAP EPS are not measurements of financial performance under GAAP and should not be considered as an alternative to operating or net income or as an indication of operating performance or any other measure of performance derived in accordance with GAAP. We do not consider these non-GAAP measures to be a substitute for, or superior to, the information provided by GAAP financial results. Non-GAAP financial measures are subject to limitations and should be read only in conjunction with the Company's consolidated financial statements prepared in accordance with GAAP. We believe that these non-GAAP measures have limitations in that they do not reflect all of the amounts associated with our GAAP results of operations. We compensate for the limitations of non-GAAP financial measures by relying upon GAAP results to gain a complete picture of our performance. A reconciliation of specific adjustments to GAAP results is provided in the last two tables at the end of this press release.In addition, we have included order bookings and backlog in this earnings release. Bookings represent new orders that have been received inclusive of any modification or cancellation of previous orders. Backlog represents orders that have been received where revenue has not been recognized as of the specified date. We believe both Bookings and Backlog are indicators of future revenues that the Company expects to generate based on orders that management believes to be firm.RF Industries Contact:Peter YinSVP and CFO(858) 549-6340rfi@rfindustries.com IR Contact:Donni CaseFinancial Profiles, Inc.(310) 622-8224RFIL@finprofiles.com# # # SOURCE: RF IndustriesView the original press release on ACCESS NewswireOriginal: RF Industries Reports First Quarter Fiscal Year 2026 Financial Results

RF Industries to Report First Quarter Results on March 16February 26, 2026 4:05 PM
ACCESS NewswireSAN DIEGO, CA / ACCESS Newswire / February 26, 2026 / RF Industries, Ltd, (NASDAQ:RFIL), a national manufacturer and marketer of interconnect products and systems, today announced that it will release its first quarter fiscal year 2026 financial results after the close of the market on Monday, March 16, 2026.The Company will host a conference call and live webcast on March 16, 2026, at 4:30 p.m. Eastern Time/1:30 p.m. Pacific Time to discuss its financial results.To access the live call, dial 877-545-0523 (US and Canada) or 973-528-0016 (International) and give the participant access code 381953.A live and archived webcast of the conference call will be accessible on the investor relations section of the Company's www.rfindustries.com.About RF IndustriesConnecting the next generation with tomorrow's technology. RF Industries designs and manufactures a broad range of interconnect products across diversified, growing markets, including wireless/wireline telecom, data communications and industrial. The Company's products include high-performance components used in commercial applications such as RF connectors and adapters, RF passives including dividers, directional couplers and filters, coaxial cables, data cables, wire harnesses, fiber optic cables, custom cabling, energy-efficient cooling systems and integrated small cell enclosures. The Company is headquartered in San Diego, California with additional operations in New York, Connecticut, and New Jersey. Please visit the RF Industries website at www.rfindustries.com.RF Industries Contact:
Peter Yin
SVP and CFO
(858) 549-6340
rfi@rfindustries.comIR Contact:
Donni Case
Financial Profiles, Inc.
(310) 622-8224
RFIL@finprofiles.comSOURCE: RF Industries, Ltd.View the original press release on ACCESS NewswireOriginal: RF Industries to Report First Quarter Results on March 16

RFIL reports Monday 6/16

Will management put this company up for sale?

https://www.rfindustries.com/


About RF Industries

RF Industries designs and manufactures a broad range of interconnect products across diversified, growing markets including wireless/wireline telecom, data communications and industrial. The Company's products include RF connectors, coaxial cables, data cables, wire harnesses, fiber optic cables, custom cabling, energy-efficient cooling systems and integrated small cell enclosures.

The Company is headquartered in San Diego, California with additional operations in Long Island, New York, Vista, California, Milford, Connecticut and North Kingstown, Rhode Island.

News: $RFIL RF Industries Reports Sales Growth of 57% for the Fourth Quarter and 10% for the Fiscal 2019 Full Year Compared to Last Year

SAN DIEGO, Dec. 18, 2019 (GLOBE NEWSWIRE) -- RF Industries, Ltd, (NASDAQ: RFIL) , a national manufacturer and marketer of interconnect products and systems, today announced its financial results for the fourth quarter and fiscal year ended October 31, 2019. Fourth Quarter Fiscal 2019 H...

Read the whole news RFIL - RF Industries Reports Sales Growth of 57% for the Fourth Quarter and 10% for the Fiscal 2019 Full Year Compared to Last Year

News: $RFIL RF Industries Reports Sales Growth of 31% Year-Over-Year in Third Quarter of Fiscal 2019

SAN DIEGO, Sept. 12, 2019 (GLOBE NEWSWIRE) -- RF Industries, Ltd, (NASDAQ: RFIL) , a national manufacturer and marketer of interconnect products and systems, today announced its financial results for the third quarter of fiscal 2019 ended July 31, 2019. Third Quarter Fiscal 2019 Financ...

Find out more RFIL - RF Industries Reports Sales Growth of 31% Year-Over-Year in Third Quarter of Fiscal 2019

RF Industries Announces Schedule of Investor Conferences for May 2019
4:01 pm ET April 30, 2019 (Globe Newswire) Print
via NEWMEDIAWIRE -- RF Industries, Ltd. (NASDAQ: RFIL), a national manufacturer and marketer of interconnect products and systems, today announced it has been invited to present at the following investor conferences in May 2019:

Oppenheimer Emerging Growth Conference

-- Tuesday, May 14th

-- One-on-one meetings only

-- Lotte New York Palace Hotel, New York City

20th Annual B. Riley FBR Investor Conference

-- Wednesday, May 22nd at 7:30 am PT

-- The Beverly Hilton Hotel, Beverly Hills, CA.

RF Industries President and CEO Robert Dawson and CFO Mark Turfler will host one-on-one meetings with institutional investors at these conferences. Meetings can be scheduled through MKR, RF Industries' investor relations firm.

To access a live webcast or replay of the presentation at the B. Riley FBR conference, visit the investor relations section of the company's website at www.rfindustries.com.

About RF Industries

RF Industries designs and manufactures a broad range of interconnect products across diversified, growing markets including wireless/wireline telecom, data communications and industrial. The Company's products include RF connectors, coaxial cables, data cables, wire harnesses, fiber optic cables and custom cabling. The Company is headquartered in San Diego, California with operations in New York and Connecticut. Please visit the RF Industries website at www.rfindustries.com.

Contacts:

RF Industries

Mark Turfler

SVP/CFO

(858) 549â?'6340

rfi@rfindustries.com

MKR Investor Relations Inc.

Todd Kehrli

Analyst/Investor Contact

(323) 468-2300

rfil@mkr-group.com

RF Industries Reports Sales Growth of 34% and Net Income Growth of 41% in First Quarter of Fiscal 2019
4:00 pm ET March 12, 2019 (Globe Newswire) Print
RF Industries, Ltd, (NASDAQ: RFIL), a national manufacturer and marketer of interconnect products and systems, today announced its financial results for the first quarter of fiscal 2019 ended January 31, 2019.

First Quarter Fiscal 2019 Financial Highlights:

-- Net sales increased 34% year over year to $10.6 million

-- Gross margin was 30%, the sixth straight quarter with gross margin of at least 30%

-- Net income increased 41% year over year to $640,000, or $0.07 per diluted share

-- Backlog of $10.6 million at January 31, 2019 on first quarter bookings of $10.9 million

-- Declared $0.02 per share dividend, the Company's 35 consecutive quarterly dividend

Robert Dawson, President and CEO of RF Industries, commented:

"We are pleased to report another strong quarter that includes solid year-over-year growth in both sales and net income. We drove higher sales in both reporting segments over the prior year with the Custom Cabling segment growing 38% and the RF Connector segment growing 24% in what is seasonally our most difficult quarter. These increases are directly related to the channel strategies that we implemented over the past year as part of the strategic transformation of our business. We continue to focus on building on our strong customer relationships and leveraging our channel partnerships to expand our market presence. We are beginning to see increased business from our distribution channels and we continue to prove that even with some general market uncertainty we are able to be profitable at varying levels of revenue. The recent announcement of the pending C Enterprises acquisition reflects our commitment to grow both organically and through strategic acquisitions of companies that give us access to new capabilities, product sets, customers, and market segments."

First Quarter Fiscal 2019 Results

Net sales in the first quarter of fiscal 2019 were $10.6 million, an increase of 34%, or $2.7 million, compared to $8.0 million in the first quarter of fiscal 2018. The increase in sales was primarily driven by increased sales at the Company's Custom Cabling Manufacturing segment. The increase in net sales at this segment is primarily attributable to project work in the OEM and wireless carrier markets in addition to an increase in traditional run rate business.

Gross profit for the first quarter was $3.1 million, an increase of $682,000 compared to $2.5 million in the first quarter last year. Gross margins were 30%, the sixth straight quarter with gross margins of at least 30%.

Selling and general expenses were $2.0 million compared to $1.8 million in the first quarter last year, reflecting higher compensation paid as a result of the sales gains at the Custom Cabling segment. Despite this increase in expenses, selling and general expenses as a percentage of sales declined to 19% of sales, compared to 22% of sales in the first quarter last year.

Net income for the first quarter increased 41% to $640,000, or $0.07 per diluted share, compared to net income of $454,000, or $0.05 per diluted share, in the first quarter last year.

Balance Sheet Data; Dividends

At January 31, 2019, the Company reported working capital of $24.8 million, including cash and cash equivalents of $14.0 million, a current ratio of 7.5-to-1 and no outstanding debt.

At its March 8, 2019 meeting, the Company's Board of Directors declared a quarterly cash dividend of $0.02 per common share, payable on April 15, 2019 to stockholders of record on March 31, 2019.

Cash dividends are made at the discretion of the Board of Directors, subject to applicable laws, and depend on a number of factors, including the Company's financial condition, results of operations, capital requirements, plans for future acquisitions, contractual restrictions, general business conditions and other factors considered relevant by our Board of Directors.

Conference Call and Webcast

RF Industries will host a conference call and live webcast today at 1:30 p.m. Pacific Daylight Time (4:30 p.m. EDT) to discuss its first quarter 2019 financial results. To access the conference call, dial 800-458-4121 (US and Canada) or 323-794-2093 (International). The conference ID is 3287666. In addition, a live and archived webcast of the conference call will be accessible on the investor relations section of the Company's website at www.rfindustries.com. A phone replay of the conference call will also be available beginning approximately two hours after conclusion of the call and will remain available for two weeks. To access the phone replay, dial 844-512-2921 (US and Canada) or 412-317-6671 (International). The replay conference ID is 3287666.

About RF Industries

RF Industries designs and manufactures a broad range of interconnect products across diversified, growing markets including wireless/wireline telecom, data communications and industrial. The Company's products include RF connectors, coaxial cables, wire harnesses, fiber optic cables and custom cabling. The Company is headquartered in San Diego, California with operations in New York and Connecticut. Please visit the RF Industries website at www.rfindustries.com.

Forward-Looking Statements

This press release contains forward-looking statements with respect to future events, including higher sales, increased future demand for the Company's products, improved margins and improved profitability, which are subject to a number of factors that could cause actual results to differ materially. Factors that could cause or contribute to such differences include, but are not limited to: changes in the telecommunications industry; the Company's reliance on certain distributors for a significant portion of anticipated revenues; the impact of existing and additional future tariffs imposed by U.S. and foreign nations; the Company's ability to execute on its new go-to-market strategies and channel models; its ability to expand its OEM relationships; its ability to continue to deliver newly designed and custom fiber optic and cabling products to principal customers; its ability to maintain strong margins and diversify its customer base, and its ability to address the changing needs of the market. Further discussion of these and other potential risk factors may be found in the Company's public filings with the Securities and Exchange Commission (www.sec.gov) including its Form 10-K. All forward-looking statements are based upon information available to the Company on the date they are published and the Company undertakes no obligation to publicly update or revise any forward-looking statements to reflect events or new information after the date of this release.

(tables attached)

RFIL may add a few more soon

RFIL nice bounce back the last few

Picking up some shares while under $7

Profitable, no debt and has dividend.

Am I missing something?

Bought 300 more RFIL today also some NGL GL

RFIL $6.90

RFIL buy 9.05



https://www.rfindustries.com

























normal chart




log chart

watching... next week

Nice movement today.

* * $RFIL Video Chart 03-14-18 * *

Link to Video - click here to watch the technical chart video

So, buy and hope for second day continuation? Or at least a pop in the morning?

RF Industries' First Quarter Sales Jump 56%; Net Income Exceeds Entire Fiscal 2017 Results

https://finance.yahoo.com/news/rf-industries-first-quarter-sales-201000870.html

RFIL LOOKS LIKE IT COULD MOVE BIG TONIGHT AND TOMORROW ON SOLID EARNINGS. ALSO WATCHING RAS AND PTI.

RFIL invest 1.85









normal chart




log chart

Dropped 50 cents on 15k shares.

I like the looks of that chart. I think it has some legs to climb higher over the next few weeks.

LOL..happens all the time. TCPA went up about 50 per cent and there are no posts either. Although it took few months.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=91654571

Boy no posts here with such an amazing run too. Looks like a lot of people missed out on this one.

RF Industries Ltd (NASDAQ: RFIL) reported Q3 diluted EPS of $0.13, versus $0.10 reported last year. Revenue for the quarter came in at $9.6 million, versus $7.3 million reported last year.

Howard Hill, Chief Executive Officer, commented, "We are pleased to report record revenue for the fourth consecutive quarter and continued strong demand for our offerings across all end markets. In particular, we have been focused on growing our custom interconnect solutions to the wireless infrastructure industry. During the quarter, we continued to see the positive impact of this long term strategy with strong sales and profitability in our Cables Unlimited division. Our aim is to continue to provide customized solutions, such as our custom cable product, to new and existing customers that allow them to remain competitive in this space.
http://www.streetinsider.com/Earnings/RF+Industries+Ltd+(RFIL)+Reports+Q3+EPS+of+$0.13/8682368.html

~ $RFIL ~ Daily Par Sar Buy Signal ~ Criteria alert triggered during a recent trading session!

$RFIL has just triggered the "Parabolic SAR Buy Signals" scan criteria at Stockcharts.com
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c

Yep that was impressive. I like the yield on this one as well.


For the first quarter ended January 31, 2013, the Company reported net sales of $10,509,000, an increase of $4,950,000, or 89%, as compared to $5,559,000 in the same quarter of fiscal 2012. Consolidated net income for the quarter was a record $1,482,000, or $0.21 per basic and $0.19 per diluted share, compared to consolidated net income of $115,000 or $0.02 per basic and diluted share in the first quarter of 2012.

First Quarter Fiscal 2013 Results

"Our significant growth in revenues and profitability during the first quarter was a result of improved revenues and increased gross margins in each of the four segments of our business. In particular, our Cables Unlimited division continued to see strong demand for its OptiFlex(TM) Hybrid Custom Fiber Optic and DC Power Cabling solution for wireless towers, which resulted in improved gross margins as increased orders and production outpaced fixed manufacturing costs. Our RF Wireless segment also experienced continued growth related to the fulfillment of its previously reported $2.6 million order from the Los Angeles County Fire Department. Finally, selling and general expenses decreased significantly in 2013 as a percentage of sales in spite of $368,000 in charges that were not incurred during the first quarter of 2012. We are optimistic that the second quarter will see growth in both sales and earnings over the second quarter of last year even though RF Wireless sales will decrease from last quarter as we deliver the last installment of the Los Angeles County Fire Department order," said Howard Hill, RFI's CEO.

Sales at Cables Unlimited were $5,392,000 for the first quarter, an increase of $3,948,000, or 273% compared to $1,444,000 in the first quarter of fiscal 2012. Most of the increase in net sales was the result of the recently introduced Optiflex cabling solution, sales of which represented approximately $3,600,000 in the 2013 fiscal quarter. Cables Unlimited did not offer the Optiflex cable products during the first quarter last year. Cables Unlimited reported gross margin of 41% compared to 37% in the same quarter last year. Operating income for Cables Unlimited in the first quarter was $1,495,000, or 28% of sales, compared to operating income of $23,000 in the first quarter of last year.

RF Connector and Cable Assembly segment sales increased by $713,000, or 23% to $3,817,000 in the quarter with gross margin of 54% compared to sales of $3,104,000 with gross margin of 51% in the same quarter last year. Operating income in the first quarter of fiscal 2013 increased to $287,000, or 8% of sales, from $104,000, or 3% of sales in the first quarter of last year. All of the Company's corporate overhead is allocated to the RF Connector and Cable Assembly segment.

First quarter sales at our Medical Cabling and Interconnector segment increased to $686,000 with gross margin of 43% as compared to fiscal 2012 first quarter sales of $674,000. Higher gross margin and lower SG&A drove operating income to $193,000 or 28% of sales, compared to $182,000 in the first quarter of last year.

Our RF Wireless segment sales for the quarter grew 82% to $614,000 compared to $337,000 in the first quarter of fiscal 2012. Gross margin for the first quarter was 61% of sales, compared to 35% of sales last year. Operating income at RF Wireless for the quarter was $86,000, compared to a loss of $108,000 in the first quarter of last year.

Hey guys, RFIL just released a terrific ER...a real value stock IMHO.