What’s Happening at Richardson Electronics

Stay up to date with the latest news on our products and services.

Green Energy Solutions (GES)

December 17, 2024

Richardson Electronics, Ltd. Announces Two Multi-Million Dollar Contracts for its Patented Ultracapacitor Pitch Energy Modules

New orders are from two of the world’s largest owners and operators of wind farms in North America  LaFox, IL, December 17, 2024—Richardson Electronics, Ltd. (NASDAQ: RELL), a global provider of engineered solutions for renewable energy and other power management applications, announced today two multi-million dollar production contracts with two of the world’s largest owners […] read more >

August 26, 2024

Richardson Electronics, Ltd. Introduces Ultracapacitor Pitch Energy Modules into the European Market for Five Wind Turbine Platforms

LaFox, IL, August 26, 2024 – Richardson Electronics, Ltd. (NASDAQ: RELL), a global provider of engineered solutions for renewable energy and other power management applications, will be exhibiting at the WindEnergy Hamburg Event (Stand # B2.OG.165) on September 24 – 27, in Hamburg, Germany. Richardson Electronics will showcase its line of ultracapacitor pitch energy modules […] read more >

April 30, 2024

Richardson Electronics, Ltd. Announces Large-Scale Pitch Energy Module Retrofit Program

Richardson will be providing their patented Pitch Energy Module technology to Suzlon worldwide. LaFox, IL, April 30, 2024 – Richardson Electronics, Ltd. (NASDAQ: RELL), a global provider of engineered solutions for renewable energy and other power management applications, announced a strategic partnership with Suzlon Energy Limited, India’s largest renewable energy solutions provider. Richardson Electronics will […] read more >

March 14, 2024

Richardson Electronics, Ltd. Completes Phase One of Largest Retrofit of Ultracapacitors for Pitch Energy Modules in North America

LaFox, IL, March 14, 2024 – Richardson Electronics, Ltd. (NASDAQ: RELL), a global provider of engineered solutions for renewable energy and other power management applications, has reached a significant milestone with the shipment and installation of over 50,000 patented ULTRA3000® pitch energy modules  (“PEMs”). PEMs store and manage energy required to adjust the blade angles […] read more >

Power & Microwave Technologies

November 12, 2024

Navitas and Richardson Electronics, Ltd. Expand Technology Partnership to EMEA for Next-Gen Silicon Carbide Power Devices

LAFOX, Ill. And TORRANCE, Calif., Nov 12, 2024 – Richardson Electronics, Ltd. (Nasdaq: RELL) and Navitas Semiconductor (Nasdaq: NVTS) announced today an expanded distribution partnership for next-gen silicon carbide (SiC) power semiconductors for Europe, the Middle East, and Africa (EMEA). Navitas is the only pure-play, next-generation power-semiconductor company and industry leader in next-generation GeneSiC™ silicon carbide (SiC) and […] read more >

September 24, 2024

Richardson Electronics, Ltd. Expands Portfolio with Quantic MWD’s Microwave and Millimeter Wave Products

Richardson Electronics’ extensive distribution network has enhanced the accessibility of Quantic MWD’s products to a broad range of customers LaFox, IL – September 24, 2024 – Richardson Electronics, Ltd. (NASDAQ: RELL), a global leader in engineered solutions, today announced a global distribution agreement with Quantic MWD (Microwave Dynamics), a business of Quantic® Electronics and a […] read more >

September 17, 2024

Richardson Electronics and Quantic Electronics Forge Global Technology Partnership

Expanding access to cutting-edge capacitor technologies for next-generation aerospace and defense systems LaFox, IL – September 17, 2024 – Richardson Electronics, Ltd. (NASDAQ: RELL), a global leader in engineered solutions, today announced a global distribution agreement with Quantic® Electronics (“Quantic”), a portfolio company of Arcline Investment Management. This strategic partnership encompasses Quantic’s premier US-based capacitor […] read more >

June 17, 2024

Richardson Electronics, Ltd. to Showcase New RF and Microwave Technology Partners at the 2024 International Microwave Symposium

LaFox, IL, June 17, 2024– Richardson Electronics, Ltd. (NASDAQ: RELL), an industry-leading global provider of engineered solutions and RF and Microwave technologies, will be showcasing its latest technology partners at the 2024 IEEE MTT-S International Microwave Symposium, which will be held from June 16-21, 2024 in Washington, DC. The Richardson Electronics’ RF and Microwave team […] read more >

March 18, 2024

Richardson Electronics, Ltd. Announces Global Distribution Agreement with Ideal Power

LaFox, IL – March 18, 2024 – Richardson Electronics, Ltd. (NASDAQ: RELL) announced today a global distribution agreement with Ideal Power (NASDAQ: IPWR) for products including the discrete B-TRAN™ device and SymCool™ power module. Ideal Power is pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional semiconductor power switch. “We […] read more >

January 24, 2024

Microwave Components, Inc. Joins Richardson Electronics, Ltd. Portfolio of Technology Partners

Brings Increased Capabilities to the Company’s Portfolio of RF and Microwave Products LaFox, IL – January 24, 2024 – Richardson Electronics, Ltd. (NASDAQ: RELL) announced today a global agreement has been reached with Microwave Components, Inc. (MCI). Microwave Components, Inc. of Dracut, Massachusetts is a Veteran-owned, U.S. company that has been a leading manufacturer of […] read more >

Richardson Electronics

November 7, 2024

Richardson Electronics to Attend the Sidoti Micro-Cap Virtual Conference

Presentation on Thursday, November 14 at 10:45 A.M. ET / 9:45 A.M. CT LaFox, IL | Globe Newswire | November 7, 2024 – Richardson Electronics, Ltd. (NASDAQ: RELL), a global provider of engineered solutions for the green energy, power management, custom display, and healthcare markets, today announced that it will be presenting and hosting one-on-one […] read more >

Financial

October 9, 2024

Richardson Electronics Reports First Quarter Results; Declares Quarterly Cash Dividend

Q1 FY25 net sales increase 2.2% YoY, the first quarterly YoY increase since Q3 FY23  Richardson Electronics ended Q1 with positive operating cash flow for the second consecutive quarter, $23.0 million in cash and cash equivalents and no debt Management expects YoY sales growth and higher profitability for FY25 Read full press release here read more >

October 2, 2024

Richardson Electronics Announces Date of First Quarter Fiscal Year 2025 Conference Call

LAFOX, Ill., October 2, 2024 (GLOBE NEWSWIRE) — Richardson Electronics, Ltd. (NASDAQ: RELL) plans to release its financial results for its first quarter ended August 31, 2024 after the close of business on Wednesday, October 9, 2024. The release will be distributed by GlobeNewswire and will be available on the Company’s website at www.rell.com. On […] read more >

July 24, 2024

RICHARDSON ELECTRONICS REPORTS FOURTH QUARTER AND FISCAL YEAR 2024 RESULTS; DECLARES QUARTERLY CASH DIVIDEND

First year-over-year reduction in inventory since fiscal 2017, reflecting management’s efforts to improve working capital levels Fourth quarter gross margin improved 320 basis points year-over-year  Generated $7.2 million in operating cash flow during the fourth quarter, helping the Company end the year with $24.3 million in cash and cash equivalents and no debt Management expects […] read more >

July 17, 2024

Richardson Electronics Announces Date of Fourth Quarter Fiscal Year 2024 Conference Call

LAFOX, Ill., July 17, 2024 (GLOBE NEWSWIRE) — Richardson Electronics, Ltd. (NASDAQ: RELL) plans to release its financial results for its fourth quarter ended June 1, 2024 after the close of business on Wednesday, July 24, 2024. The release will be distributed by GlobeNewswire and will be available on the Company’s website at www.rell.com. On […] read more >

April 10, 2024

RICHARDSON ELECTRONICS REPORTS THIRD QUARTER FISCAL 2024 RESULTS AND DECLARES QUARTERLY CASH DIVIDEND

RICHARDSON ELECTRONICS REPORTS THIRD QUARTER FISCAL 2024 RESULTS AND DECLARES QUARTERLY CASH DIVIDEND Sales increased 18.7% sequentially, reflecting improving business conditions. Inventory decreased $4.0 million sequentially, reflecting focus on improving working capital levels. Read full press release here read more >

April 3, 2024

Richardson Electronics Announces Date of Third Quarter Fiscal Year 2024 Conference Call

LAFOX, Ill., April 3, 2024 (GLOBE NEWSWIRE) — Richardson Electronics, Ltd. (NASDAQ: RELL) plans to release its financial results for its third quarter ended March 2, 2024 after the close of business on Wednesday, April 10, 2024. The release will be distributed by GlobeNewswire and will be available on the Company’s website at www.rell.com. On […] read more >

April 3, 2024

Richardson Electronics to Present at the Planet MicroCap Showcase: VEGAS 2024 on May 1, 2024 and 1×1 Meetings on May 2, 2024

Richardson Electronics will Present at the “Top Tier Track” Featuring a Q&A with Maj Soueidan from Geoinvesting.com on May 1, 2024 at 11:30 A.M. PT LaFox, IL | ACCESSWIRE | April 3, 2024 – Richardson Electronics, Ltd. (NASDAQ: RELL), a global provider of engineered solutions for the green energy, power management, custom display, and healthcare […] read more >

January 10, 2024

RICHARDSON ELECTRONICS REPORTS SECOND QUARTER FISCAL 2024 RESULTS AND DECLARES QUARTERLY CASH DIVIDEND

Results reflect challenging economic conditions as well as decline in sales to semiconductor wafer fab customers and project delays across the Company’s GES business. Backlog increased 2% over the past three months, which management believes indicates stabilizing demand. Company implements new ownership requirements for outside directors. LaFox, IL, JANUARY 10, 2024: Richardson Electronics, Ltd. (NASDAQ: […] read more >

January 3, 2024

Richardson Electronics Announces Date of Second Quarter Fiscal Year 2024 Conference Call

LAFOX, Ill., January 3, 2024 (GLOBE NEWSWIRE) — Richardson Electronics, Ltd. (NASDAQ: RELL) plans to release its financial results for its second quarter ended December 2, 2023 after the close of business on Wednesday, January 10, 2024. The release will be distributed by GlobeNewswire and will be available on the Company’s website at www.rell.com. On […] read more >

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Investor Inquiries

For investor related inquiries please contact:

Wendy Diddell | EVP, Chief Operating Officer

Phone: 630-208-2323  wendyd@rell.com

Media Inquiries

For media related inquiries please contact:

Corporate | Healthcare | Canvys

Karina Macholz
karinam@rell.com

 

Power & Microwave Technologies:

Chris Marshall
chrism@rell.com




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