RF Industries Ltd (RFIL) Releases Quarterly Earnings
RF Industries Ltd (NASDAQ:RFIL) announced its earnings results on Thursday. The company reported $0.13 earnings per share for the quarter, ARN reports. The company had revenue of $9.60 million for the quarter, compared to the consensus estimate of $7.30 million.
Shares of RF Industries Ltd (NASDAQ:RFIL) opened at 6.51 on Thursday. RF Industries Ltd has a 52 week low of $4.04 and a 52 week high of $7.35. The stock’s 50-day moving average is $6.1 and its 200-day moving average is $6.17. The company has a market cap of $50.6 million and a price-to-earnings ratio of 11.38.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, October 15th. Shareholders of record on Monday, September 30th will be given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 4.30%. The ex-dividend date of this dividend is Thursday, September 26th.
RF Industries, Ltd. is engaged in the design, manufacture, and marketing of interconnect products and systems, including coaxial and specialty cables, fiber optic cables and connectors, and electrical and electronic specialty cables.
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