RF Industries (RFIL) Lowers Quarterly Dividend 71.4% to $0.02; 2.2% Yield
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RF Industries (RFIL) Swings to Q1 Loss; Cuts Qtr. Dividend
March 21, 2016 3:02 PM EDTRF Industries (NASDAQ: RFIL) reported Q1 EPS of ($0.04), versus $0.01 reported last year. Revenue for the quarter came in at $7 million, versus $6.9 million reported last year.
CEO CommentsJohnny Walker, President and CEO said, "First quarter sales, which is typically our seasonally weakest quarter, in combination with the continuing weakness in the wireless infrastructure market, negatively impacted sales and margins at the Connector and Cable Assembly and the Cables Unlimited divisions. We sold our Aviel Division, which... More
RF Industries (RFIL) Halted, News Pending
March 21, 2016 1:55 PM EDTRF Industries (NASDAQ: RFIL) Halted, News Pending
... More