10/15/2013 | Press release | Archived content
RF Industries, Ltd. (NASDAQ:RFIL) today announced that it was ranked No. 46 on the Forbes 100 Best Small Companies in America. The list can be accessed online at http://www.forbes.com/best-small-companies/list/.
To qualify for the Forbes Best Small Companies List, companies must have sales between $5 million and $1 billion, a stock price no lower than $5, and be publicly traded for at least one year. Rankings are based on earnings growth, sales growth and return on equity in the past 12 months and over five years. Additionally, Forbes compares the stock performance of each company with that of its peers. The list excludes financial institutions, REITs, utilities and limited partnerships.
Howard Hill, Chief Executive Officer, commented, "We are pleased to have been included in the Forbes America's 100 Best Small Companies List this year. RF has been included in the 'Best Small Companies List' three times previously and we are grateful that Forbes has again recognized the strength of our business and the commitment and hard work of our management and employees. We look forward to upholding this honor by continuing to provide and develop innovative high quality custom connectivity products and solutions to our customers."
About RF Industries
RF Industries is a leading designer and manufacturer of innovative interconnect products and complex cable assemblies across diversified, high growth markets including wireless carriers & infrastructure, medical and industrial. The Company's products include RF connectors, coaxial and custom cable assemblies, fiber optic cables, wiring harnesses, medical wiring as well as mobile public safety communications systems. The Company's leading edge connectivity solutions are used throughout the growing and evolving wireless infrastructure. The Company has reported 19 consecutive years of profitability and is headquartered in San Diego, California with operations in Las Vegas, Nevada and Yaphank, New York. Please visit the RF Industries website at www.rfindustries.com.
Forward-Looking Statements
This press release contains forward-looking statements with respect to future events which are subject to a number of factors that could cause actual results to differ materially.Factors that could cause or contribute to such differences include, but are not limited to: changes in the telecommunications industry; the operations of the Cables Unlimited division which was acquired in June 2011; and the Company's reliance on certain distributors for a significant portion of anticipated revenues.Further discussion of these and other potential risk factors may be found in the Company's public filings with the Securities and Exchange Commission (www.sec.gov) including its Form 10-K.All forward-looking statements are based upon information available to the Company on the date they are published and the Company undertakes no obligation to publicly update or revise any forward-looking statements to reflect events or new information after the date of this release.