RF Industries, Ltd. Provides Financial Guidance for the Second Quarter Ended April 30, 2024
May 21, 2024 at 08:00 am
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RF Industries, Ltd. provided financial guidance for the second quarter ended April 30, 2024. For the quarter, the company?s Net Sales are expected to be $16.1 million, roughly in-line with estimates, and a 19% sequential increase from the first quarter.
RF Industries, Ltd. is a manufacturer and marketer of interconnect products and systems. The Companyâs segments include RF Connector and Cable Assembly (RF Connector) and Custom Cabling Manufacturing and Assembly (Custom Cabling). The RF Connector segment designs, manufactures, markets and distributes a range of RF connector, adapter, coupler, divider, and cable products, including coaxial passives and cable assemblies that are used in telecommunications and information technology, original equipment manufacturers markets and other end markets. The Custom Cabling segment designs, manufactures, markets and distributes custom copper and fiber cable assemblies, complex hybrid fiber optic and power solution cables, electromechanical wiring harnesses, wiring harnesses for a range of applications in a diverse set of end markets, energy-efficient cooling systems for wireless base stations and remote equipment shelters and custom designed, pole-ready 5G small cell integrated enclosures.