RF Industries Registers 97 Percent Sales Growth in Q4

A U.S. one dollar banknote is seen in front of displayed stock graph in this illustration taken on May 7, 2021. Dado Ruvic/Illustration/Reuters

RF Industries Ltd reported fourth-quarter FY21 net sales growth of 97 percent year-on-year to $21.1 million, beating the Street view of $16.5 million.

Backlog was $33.3 million as of October 31, on Q4 bookings of $22.9 million.