R F Industries Narrows Net Loss to $50,000 in Q1 FY2025

R F Industries, Ltd., a Nevada-based connector and cable assembly manufacturer, reported a net loss of $50,000 for the three months ending January 31, 2026, narrowing sharply from a net loss of $245,000 in the same quarter a year earlier. The company improved its operating income to $177,000 from $56,000 in the prior-year period. Read more earnings reports.

Gross profit climbed to $6.12 million from $5.72 million, while cost of goods sold declined to $12.85 million from $13.48 million. The company did not report a revenue figure in the filing data provided.

Operating expenses rose to $5.94 million from $5.66 million, driven by higher research and development spending. R&D expenses increased 25% to $852,000 from $682,000, while selling, general and administrative expenses edged up to $5.09 million from $4.98 million.

Cash from operations strengthened to $867,000 from $601,000 in the prior-year quarter. The company used $218,000 in investing activities and $620,000 in financing activities during the period.

Total assets declined to $70.34 million as of January 31, 2026, from $73.05 million at the end of the prior quarter. Current assets fell to $33.02 million from $34.97 million, with accounts receivable dropping to $13.11 million from $14.87 million. Cash and cash equivalents held steady at $5.11 million compared to $5.08 million.

Total liabilities decreased to $34.79 million from $37.84 million, while stockholders' equity rose to $35.55 million from $35.20 million. The company reported 10.81 million shares outstanding as of January 31, 2026, up from 10.71 million at the end of the prior quarter.

The company reported a basic and diluted loss per share of zero for the quarter, compared to a loss of $0.02 per share in the year-earlier period. Weighted average shares outstanding increased to 10.74 million from 10.56 million.