A Director at RF Industries is Exercising Options

By Carrie Williams

Today, a Director at RF Industries, William Reynolds, exercised options of RF Industries for $30K.

Following this transaction William Reynolds’ holding in the company was increased by 60.98% to a total of $82K. In addition to William Reynolds, 5 other RFIL executives reported Buy trades in the last month.

Based on RF Industries’ latest earnings report for the quarter ending July 31, the company posted quarterly revenue of $7.81 million and quarterly net profit of $192K. In comparison, last year the company earned revenue of $7.64 million and had a GAAP net loss of $597K. Currently, RF Industries has an average volume of 24.44K. The company has a one-year high of $2.65 and a one-year low of $1.40.

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RF Industries Ltd. designs and manufactures interconnect products and complex cable assemblies. The company operates its business through the following divisions: RF Connector, RF Cable Assembly, Cables Unlimited, Comnet Telecom Supply and Rel-Tech Electronics.