RF Industries: Q2 Earnings Insights
Portfolio Pulse from Benzinga Insights
RF Industries (NASDAQ:RFIL) reported Q2 earnings with an EPS of $0.13, beating estimates by 333.33%. Revenue was up $793 thousand YoY. Last quarter, the company missed EPS estimates by $0.1, resulting in an 8.68% share price drop the next day.
June 14, 2023 | 8:10 pm
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RF Industries' Q2 earnings beat estimates with a 333.33% increase in EPS. Revenue also increased by $793k YoY. This follows a previous quarter's miss and share price drop.
RF Industries' Q2 earnings beat estimates significantly, with a 333.33% increase in EPS and a revenue increase of $793k YoY. This positive news is likely to boost investor confidence and drive the stock price up in the short term, especially considering the previous quarter's miss and subsequent share price drop.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100