R F INDUSTRIES LTD [RFIL] posts $1.45M profit as revenue rises 48.46% to $85.25M

R F INDUSTRIES LTD [RFIL] posted a profit of $1.45M, marking a fall of 76.57% for this year.

Revenue rose to $85.25M this year compared to $57.42M in the previous year.

The California(CA)-based company’s earnings per share came in at 0.14, compared to 0.61 in the last report.

According to the latest annual report the company has filed with the SEC, current earnings were $1.45M, down 76.57% from $6.18M.

The company’s net sales for the period were $85.25M, up 48.46%. Net sales in the previous year were $57.42M.