RFIL, RF Industries Ltd.
** RFIL 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 last year.
Net sales increased 52% to a record $6,672,000 compared to $4,392,000 in the same period last year, reflecting additional sales of $1,836,000 from Cables Unlimited, Inc., which was acquired in June, 2011.
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.
TAT, TransAtlantic Petroleum Ltd.
** TAT reported that the Turkish Competition Authority has approved the Companys sale of its oilfield services business to Dalea Partners, LP. The transaction is expected to be completed during the week ending June 16, 2012.
TAT is an international energy company engaged in the acquisition, development, exploration and production of oil and natural gas. TAT holds interests in developed and undeveloped oil and gas properties in Turkey, Bulgaria and Romania.
More about TAT at www.transatlanticpetroleum.com
FRAN, Francescas Holdings Corporation
** For the first quarter fiscal 2012, FRAN posted net sales of $61.3 million, a 48.6% increase year over year, and net income of $8.7 million, a 123.1% increase compared to the same period the prior year.
FRAN is a growing specialty retailer with retail locations designed and merchandised to feel like independently owned, upscale boutiques providing customers a fun and differentiated shopping experience.
More about FRAN at www.francescas.com
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