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Article: RF Releases Financial Report for Fourth Quarter
- Article from:
- Wireless News
- Article date:
- February 4, 2009
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Wireless News
02-04-2009
RF Releases Financial Report for Fourth Quarter
Type: News
RF Industries has announced results for the fourth quarter and fiscal year ended October 31, 2008.
For the quarter ended October 31, 2008, the Company noted, sales increased 17 percent to a quarterly record $4,693,000 compared to $4,005,000 in the fourth quarter last year. Operating income increased 22 percent to $784,000 compared to operating income of $645,000 in the same quarter last year. A higher tax rate of 48 percent for the quarter, compared to 32 percent in the fourth quarter last year, resulted in net income of $446,000, or $0.12 per diluted share, compared to net income of $490,000, or $0.13 per ...