Cables Unlimited sales of $909,000 for the quarter resulted in operating profits of $88,000 for the quarter. Cables Unlimited's gross margin was 37% of sales, due to the peak Summer sales period, compared to its annual average gross margin of approximately 27%.Bioconnect Medical Cabling Division sales declined 9.5% to $510,000 from $563,000 in the same period last year. Gross margin was 41%, compared to 42% of sales in the same period last year. Operating income was $121,000, compared to $153,000 in the third quarter last year. The sales decline is associated with seasonal inventory adjustments by Bioconnect's major customers.
RF Industries' Third Quarter Sales Increase 17%; Net Income Is $0.01 Per Diluted Share
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