RF Industries, Ltd. Reports Third Quarter Net Loss of $1.6 Million
Company's Revenue Declines to $15.7 Million in Q3 2023
By USInMinutes
Published - Sep 15, 2023, 09:42 AM ET
Last Updated - Sep 15, 2023, 09:42 AM EDT
RF Industries, Ltd. (RFIL), a leading provider of conn ectivity solutions, has released its financial results for the third quarter of 2023. The company reported a net loss of $1.6 million for the quarter, reflecting challenging market conditions. Additionally, RFI's revenue for the same period amounted to $15.7 million, a notable decrease compared to the previous year.
Let's delve deeper into RFI's financial performance and explore key highlights from its condensed consolidated balance sheets and statements of operations.
Condensed Consolidated Balance Sheets
Current Assets
