Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Lazarus who wrote (60523)	6/11/2018 10:13:39 AM
From: E_K_S	Read Replies (1) \| Respond to of 78669

RF Industries jumps 29% on Q2 results RF Industries ( RFIL +29.6%) reported record Q2 sales increase of 193% Y/Y to $22.38M. Segment sales: Custom cabling manufacturing & assembling $19.6M (+292% Y/Y) due to higher sales of specialized custom cabling, fiber optic cable and other copper cabling products, and RF connectors $2.8M (+7.5% Y/Y). Q2 Margins: Gross improved by 1,055 bps to 36.12% and operating improved by 1,700 bps to 17.9% S&G expenses were $3.4M up by 100% Y/Y, reflecting higher commissions and accrued bonuses. However, S&G margin declined by 671 bps to 15.33%, indicating company’s increased operational efficiency. Company had $12M in new orders during Q2 and started Q3 with $10M in Backlog. ----------------------------------------------- Stock up to $8.50/share +36% . . Looks like an excellent quarter and nice back log too. 9/2017 stock was $1.80/share EKS