RFIL, RF Industries Ltd.
** RFIL reported that its Cables Unlimited (CU) subsidiary has received orders together valued at $1,400,000 for its newly designed OptiFlexTM Hybrid Custom Fiber Optic & DC Power Cabling solution.
The easily deployable cabling units are being shipped to a contract installer and major RRU manufacturer for a tier one United States wireless carrier. Cables Unlimited expects to substantially deliver the contract in the current fiscal year.
OptiFlexTM Hybrid Cable solutions are custom designed, highly flexible, pre-terminated cables comprising multiple fiber optic and power cables in a single jacket. The light cable reduces tower loads and is the perfect solution for 4G, WiMAX and 4G LTE tower upgrades and installations up to and exceeding 550 feet, twice the length of competing products.
RFIL also reported preliminary results for its second quarter fiscal 2012. Net income increased 48% to a second quarter record $602,000, or $0.08 per diluted share, compared to net income of $407,000, or $0.06 per diluted share, in the same period the prior year, while its net sales increased 52% year over year to a record $6,672,000.
RFIL manufactures, designs and distributes Radio Frequency (RF) connectors and cable assemblies, medical cabling products, RF wireless products, and fiber optic cable products.
More about RFIL at www.rfindustries.com.
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