RF Industries Ltd. announced its third quarter fiscal year 2025 financial results, reporting a significant increase in net sales and net income. The company achieved net sales of $19.8 million, marking a 17.5% rise from $16.8 million year-over-year, and a 4.7% increase from $18.9 million in the second quarter of fiscal 2025. The gross profit margin improved to 34% from 29.5% in the same quarter the previous year. Operating income for the third quarter was $720,000, a turnaround from an operating loss of $419,000 in the year-ago period. Consolidated net income stood at $392,000, or $0.04 per diluted share, compared to a consolidated net loss of $705,000, or $0.07 per diluted share, year-over-year. On a non-GAAP basis, net income was $1.1 million, or $0.10 per diluted share, compared to a non-GAAP net loss of $95,000, or $0.01 per diluted share, in the third quarter of fiscal 2024. Adjusted EBITDA increased to $1.6 million, up from $460,000 year-over-year. The company reported a backlog of $19.7 million at the end of the quarter, with third quarter bookings amounting to $24.5 million. As of the report date, the backlog stands at $16.1 million. CEO Robert Dawson noted the company's efforts to lower cost structure and achieve operating leverage, expressing optimism in reaching the adjusted EBITDA goal of at least 10% in the future.