December 20, 2023

Richardson Electronics, Ltd. and Integrated Power Services (IPS) Announce Partnership to Bring Patented ULTRA3000® to Key Wind Owner Operators

New partnership expands Company’s growth opportunities within the Renewable Energy market LaFox, IL, December 20, 2023 – Richardson Electronics, Ltd. (NASDAQ: RELL), a global provider of engineered solutions for renewable energy applications, is pleased to announce a partnership with Integrated Power Services (IPS) in North America. This partnership allows IPS to supply and install Richardson’s […] read more >

September 6, 2023

Richardson Electronics, Ltd. Introduces New Consumables for Fiber Lasers at FABTECH 2023

LaFox, IL, September 6, 2023 – Richardson Electronics, Ltd. (NASDAQ: RELL) is introducing its new line of push-fit nozzles, F-Style nozzles with chrome plated tip, a new series of bellows with laminated covers for use in Bystronic®* fiber lasers, and new protective windows for use in machines from leading fiber laser brands. This new lineup […] read more >

May 24, 2023

Richardson Electronics’ Patented ULTRA3000® Selected by GE Vernova as the Exclusive Pitch Energy Module Available on their Expanded Product Marketplace

LaFox, IL, May 24, 2023 – Richardson Electronics, Ltd. (Nasdaq: RELL) announced today that its ULTRA3000® Pitch Energy Module (PEM) has been selected by GE Vernova to be featured on their recently launched online marketplace for onshore wind parts and essentials. GE’s marketplace specializes in onshore wind turbine parts, including parts for other OEM wind […] read more >

May 15, 2023

Richardson Electronics, Ltd. Introduces New Patent Pending Hybrid Ultracapacitor UPS System for Wind Turbines and Other Power Management Systems

LaFox, IL | May 15, 2023 –Richardson Electronics, Ltd. (NASDAQ: RELL), a global provider of engineered solutions for renewable energy, is pleased to announce the new patent pending ULTRAUPS3000™ Hybrid Ultracapacitor Uninterrupted Power Supply (UPS) for wind turbine control systems and other industrial applications where reliable low voltage ride through and safe shut down are […] read more >

May 3, 2023

Richardson Electronics, Ltd. Announces New ULTRAPEM™ Series of Pitch Energy Modules for Wind Turbines

LaFox, IL, May 3, 2023– Richardson Electronics, Ltd. (NASDAQ: RELL) announces its new ULTRAPEM™ line, a series of ultracapacitor-based modules that replace lead acid batteries within various OEM wind turbine platforms utilizing electric pitch systems. These new products add to the Company’s portfolio of patented energy storage solutions and capitalize on growth opportunities within the […] read more >

March 30, 2023

VINATech Joins Richardson Electronics, Ltd. Portfolio of Technology Partners

Adding Increased Capabilities to their Power Management and Green Energy Solutions Portfolio of Products LaFox, IL – March 30, 2023 – Richardson Electronics, Ltd. (NASDAQ: RELL) announced today a technology partnership agreement with VINATech. VINATech products enhance the Company’s current technology offerings and expand the product range, driving growth opportunities within the Power Management and […] read more >

March 22, 2023

Richardson Electronics Ltd. Receives Third Patent for a Pitch Energy System for Wind Turbines

Newly Issued Patent to Support the Continued Replacement of Wind Turbine Batteries with Ultracapacitor Module Technology LaFox, IL | March 22, 2023 –Richardson Electronics, Ltd. (NASDAQ: RELL), a global provider of engineered solutions for renewable energy, is pleased to announce the issuance of U.S. Patent No. 11,624,348 (the ’348 Patent). The ’348 Patent is the […] read more >

March 15, 2023

Richardson Electronics, Ltd. Strengthens Power Management Portfolio in the Americas with Navitas Semiconductor

LaFox, IL and Torrance, CA, March 15, 2023 – Richardson Electronics, Ltd. (Nasdaq: RELL) and Navitas Semiconductor (Nasdaq: NVTS) announced today a new distribution partnership for next-gen silicon carbide (SiC) power semiconductors for the Americas. Richardson Electronics, Ltd. will focus on Navitas’ world-leading GeneSiC™ power MOSFETs and MPS™ diodes that are rated from 650 V […] read more >

October 11, 2023

RICHARDSON ELECTRONICS REPORTS FIRST QUARTER FISCAL 2024 AND DECLARES QUARTERLY CASH DIVIDEND

First Quarter Highlights Net sales of $52.6 million were down $15.0 million, or 22.2% from last year’s first quarter primarily due to a near-term reduction in sales to semiconductor wafer fab customers, and a timing-related reduction in ultracapacitor module sales to replace lead acid batteries in existing wind turbines. A challenging economic backdrop accounted for […] read more >

October 4, 2023

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

LAFOX, Ill., October 4, 2023 (GLOBE NEWSWIRE) — Richardson Electronics, Ltd. (NASDAQ: RELL) plans to release its financial results for its first quarter ended September 2, 2023 after the close of business on Wednesday, October 11, 2023. The release will be distributed by GlobeNewswire and will be available on the Company’s website at www.rell.com. On […] read more >

September 18, 2023

Richardson Electronics, Ltd. to Attend the LD Micro Invitational XVI

LaFox, IL | September 18, 2023 – Richardson Electronics, Ltd. (NASDAQ: RELL), a global provider of engineered solutions for the green energy, power management, custom display, and healthcare markets, announced today that it will be presenting at the LD Micro Invitational XVI being held at the Luxe Sunset Boulevard Hotel on Tuesday, October 3, 2023, […] read more >

August 16, 2023

Richardson Electronics, Ltd. to Present and Host 1×1 Investor Meetings at the 14th Annual Midwest IDEAS Investor Conference on August 23rd in Chicago, IL

LaFox, IL – August 14, 2023 – Richardson Electronics, Ltd. (NASDAQ: RELL), a global provider of engineered solutions for the green energy, power management, custom display, and healthcare markets, today announced Edward J. Richardson, Chief Executive Officer, will present at the Midwest IDEAS Investor Conference on Wednesday, August 23, 2023, at The Gwen in Chicago, IL. […] read more >

July 19, 2023

RICHARDSON ELECTRONICS REPORTS 16.9% REVENUE GROWTH AND A 56.6% INCREASE IN OPERATING INCOME FOR FISCAL 2023; DECLARES QUARTERLY CASH DIVIDEND

Green Energy Solutions net sales increase 61.7% over Q4 FY22 and 110.5% over Fiscal 2022 Fiscal 2023 Highlights For fiscal 2023, net sales increased 16.9% to $262.7 million. Operating income was $25.0 million for fiscal 2023, compared to $16.0 million for fiscal 2022. An income tax expense of $2.7 million and Non-GAAP income tax expense* […] read more >

July 12, 2023

Richardson Electronics Announces Date of Fourth Quarter Fiscal Year 2023 Conference Call

LAFOX, Ill., July 12, 2023 (GLOBE NEWSWIRE) — Richardson Electronics, Ltd. (NASDAQ: RELL) plans to release its financial results for its fourth quarter ended May 27, 2023 after the close of business on Wednesday, July 19, 2023. The release will be distributed by GlobeNewswire and will be available on the Company’s website at www.rell.com. On […] read more >

June 5, 2023

Richardson Electronics, Ltd. to Present at the TD Cowen Sustainability Week Investor Conference

LaFox, IL | June 5, 2023 – Richardson Electronics, Ltd. (NASDAQ: RELL), a global provider of engineered solutions for the green energy, power management, custom display and healthcare markets, announced today that it will be presenting at the TD Cowen Sustainability Week Investor Conference. Edward J. Richardson, Chairman and CEO of Richardson Electronics, will be […] read more >

May 23, 2023

Richardson Electronics Set To Join Russell 3000® Index

LaFox, IL, May 23, 2023:  Richardson Electronics, Ltd. (NASDAQ: RELL) is set to join the broad-market Russell 3000® Index at the conclusion of the 2023 Russell indexes 35th annual reconstitution, effective after the U.S. market opens on Monday, June 26, 2023, according to a preliminary list of additions posted May 19. Ed Richardson, Chairman and […] read more >

April 5, 2023

Richardson Electronics Reports 10th Consecutive Quarter Of Year-Over-Year Revenue Growth For The Third Quarter Fiscal 2023; Declares Quarterly Cash Dividend

Green Energy Solutions sales increase 103% over Q3 FY22; total net sales increase 27.2% Third Quarter Highlights Net sales of $70.4 million were up 27.2% from last year’s third quarter driven by increases in Power and Microwave Technologies (“PMT”), Green Energy Solutions (“GES”) and Canvys business units. Backlog totaled $175.1 million in the third quarter […] read more >

March 29, 2023

Richardson Electronics Announces Date of Third Quarter Fiscal Year 2023 Conference Call

LAFOX, Ill., March 29, 2023 (GLOBE NEWSWIRE) — Richardson Electronics, Ltd. (NASDAQ: RELL) plans to release its financial results for its third quarter ended February 25, 2023 after the close of business on Wednesday, April 5, 2023. The release will be distributed by GlobeNewswire and will be available on the Company’s website at www.rell.com. On […] read more >

March 21, 2023

Richardson Electronics Provides FY23 Q3 Business Update

Preliminary FY23 Q3 net sales estimated to exceed $70 million, an increase of 27% over the prior year third quarter, subject to final review Preliminary backlog is estimated to be $175.1 million Preliminary operating income is estimated to be $7.6 million subject to final review, or 10.8% of net sales, an increase of 110% over […] read more >

March 13, 2023

Richardson Electronics, Ltd. to Present at the Sidoti & Company Small-Cap Virtual Investor Conference

LaFox, IL | March 13, 2023 – Richardson Electronics, Ltd. (NASDAQ: RELL), a global provider of engineered solutions for the green energy, power management, display and healthcare markets, announced today that it will be presenting and hosting one-on-one meetings at the Sidoti & Company Small-Cap Virtual Investor Conference on Wednesday, March 22 and Thursday, March […] read more >

February 28, 2023

Richardson Healthcare Introduces the ALTA750G® CT Tube at the 2023 European Congress of Radiology

Richardson Healthcare expands CT modality coverage with replacement CT Tube LaFox, IL,  February 28, 2023: Richardson Healthcare, a Division of Richardson Electronics, Ltd. (NASDAQ: RELL), introduces the ALTA750G® CT tube manufactured by Richardson Healthcare that is designed for use as a form-fit-function replacement tube for the Canon* Medical Systems CXB-750G* tube, also known as the […] read more >

January 4, 2023

Richardson Electronics Reports Second Quarter Fiscal 2023 Net Income of $5.5 Million or 8.4% Of Net Sales; Declares Quarterly Cash Dividend

LaFox, IL, JANUARY 4, 2023:  Richardson Electronics, Ltd. (NASDAQ: RELL) today reported financial results for its second quarter ended November 26, 2022.  The Company also announced that its Board of Directors declared a $0.06 per share quarterly cash dividend. View Press Release. read more >

October 2, 2023

Richardson Electronics, Ltd. Receives Patent for Its Ultracapacitor Generator Start Module – ULTRAGEN3000™

LaFox, IL, October 2, 2023 – Richardson Electronics, Ltd. (NASDAQ: RELL), a global provider of engineered solutions for renewable energy, is pleased to announce the issuance of U.S. Patent No. 11,764,002 (the “’002 Patent”). The ’002 Patent is a result of Richardson’s innovative technology using ultracapacitors embedded in its ULTRAGEN3000™ generator start module or GSM. […] read more >

July 24, 2023

Richardson Electronics, Ltd. Upgrades Headquarters to Accommodate Growing Green Energy Solutions Business Unit

LaFox, IL | July 24, 2023 – Richardson Electronics, Ltd. (NASDAQ: RELL), a global provider of engineered solutions for the green energy, power management, custom display and healthcare markets, announced today the completion of recent upgrades to its LaFox, IL Headquarters after investing several million dollars to expand its design, manufacturing and test capabilities and […] read more >