Electronic components maker RF Industries Ltd. reported record net income of $1.48 million during the first quarter of its fiscal year, which ended Jan. 31. Net income one year ago was $117,000.
Net sales grew 89 percent from the year-ago quarter, from $5.56 million to $10.51 million.
RF makes connectors and cable assemblies for various uses including cellular, Wi-Fi and computer networks. It also produces fiber optic cable products.
Shares of the Miramar-area company trade on the Nasdaq as RFIL.
— SDBJ Staff Report