🔴 RF Industries is trading 11.33% down today after EPS missed expectations by $0.01

RF Industries is trading 11.33% down now at $8.03 after investors reacted negatively to its September 14 earnings release.

• Third-quarter revenue reached $23.96 million versus a $23.39 million consensus, while EPS was $0.190, missing expectations by $0.01.
• The decline follows a 12.31% drop on September 14, suggesting continued pressure from the earnings mismatch despite record sales, stronger margins, and an expanding backlog.
• Broader technology weakness and risk-off sentiment are adding to the selling pressure.