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RF Industries' Q1 results show sales growth and a narrower net loss, but earnings miss forecasts, leading to a "hold" stock rating.
RF Industries reported mixed first-quarter results, missing earnings expectations with a $0.02 EPS but showing significant improvement from last year, including a 42.7% increase in net sales to $19.2 million.
The company's gross profit margin rose to 29.8%, and its net loss narrowed to $245,000.
Despite these improvements, StockNews.com gave a "hold" rating to the stock, which recently traded at $4.05.
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Los resultados Q1 de RF Industries muestran un crecimiento de ventas y una pérdida neta más estrecha, pero las ganancias fallan en las previsiones, lo que conduce a una calificación de stock "hold".