News

RF Monolithics Reports Third-Quarter Results

June 16, 2002 by Jeff Shepard

RF Monolithics Inc. (Dallas, TX) reported net income for the third quarter ended May 31, 2002, of $623,000, or $0.09 per diluted share, compared to a net loss of $534,000, or $0.08 per diluted share, for the third quarter of the prior year. The company reported sales for the third quarter of $10.4 million, compared to $15.1 million in the third quarter of the prior year.

For the nine months ended May 31, 2002, the net loss was $484,000, or $0.07 per diluted share, compared to a net loss of $3.5 million, or $0.53 per diluted share, for the same period of fiscal-year 2001. The company's sales were $32.0 million, compared to $39.3 million for the prior year's first nine months.