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RF Industries said third-quarter revenue rose 21% year over year to a record $24 million. Operating income, non-GAAP net income and adjusted EBITDA also improved, and management said Q4 sales are expected to match or exceed Q3.
D2L said second-quarter revenue rose 2% to $55.6 million and annual recurring revenue increased 5% to $223.4 million. Management also cited U.S. K-12 churn, revised full-year revenue growth guidance lower and left EBITDA guidance unchanged.