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 >