Shares of RF Industries (NASDAQ:RFIL) decreased 2.63% after the company reported Q3 results.
Earnings per share fell 81.82% year over year to $0.02, which beat the estimate of $0.01.
Revenue of $9,544,000 declined by 38.47% year over year, which missed the estimate of $10,640,000.
Earnings guidance hasn't been issued by the company for now.
RF Industries hasn't issued any revenue guidance for the time being.
Details Of The Call
Date: Sep 10, 2020
Time: 04:30 PM
52-week high: $8.89
Company's 52-week low was at $3.31
Price action over last quarter: down 20.31%
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. The company operates through two segments: RF Connector and Cable Assembly, which consists of Connector and Cable Assembly Division, and the Custom Cabling Manufacturing and Assembly, which consists of its subsidiaries. The company has its operations in United States, Canada, Israel, and Mexico.
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