Richardson Electronics

Richardson Electronics Ltd. engages in the provision of engineered solutions and distributes electronic components to the electron device marketplace. It operates through the following segments: Power and Microwave Technologies Group (PMT), Canvys, and Healthcare. The PMT segment provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair-all through its existing global infrastructure. The Canvys segment offers customized display solutions serving the corporate enterprise, financial, healthcare, industrial, and medical original equipment manufacturers markets. The Healthcare segment manufactures, refurbishes, and distributes replacement parts for the healthcare market including hospitals, medical centers, asset management companies, independent service organizations, and multi-vendor service providers. The company was founded on May 31, 1947 and is headquartered in LaFox, IL.

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Richardson Electronics reports robust Q2 growth, eyes green energy

Richardson Electronics delivered strong financial results in Q2 2023, driven by sales growth in key segments and strategic investments in innovation and customer relationships.
Challenges in healthcare and supply chain management require attention, but the company's focus on growth areas like green energy and electric vehicles bodes well for future performance.
Overall, Richardson Electronics remains optimistic about future prospects, emphasizing profitability, innovation, and market expansion as key drivers of success.

RELL reports challenging Q1, anticipates sales reacceleration and expansion opportunities

RELL faced challenges in Q1 fiscal year 2024, with declining net sales and impacted divisions. However, the company is actively pursuing opportunities for sales reacceleration, expansion, and new production orders, while maintaining stable performance in Canvys.

Richardson Electronics reports record FY 2023 performance and eyes green energy growth

Richardson Electronics had a standout year in FY 2023, driven by organic growth strategies and the successful launch of Green Energy Solutions.
While facing challenges in the semiconductor market, the company is optimistic about leveraging green energy projects for future growth.
Strong performance in Canvys and Richardson Healthcare, coupled with inventory management strategies, supported financial stability.
Opportunities lie in expanding the Green Energy Solutions business, potential stock buybacks, and meeting high demand for specific products.

Richardson Electronics reports Q1 challenges and opportunities for growth

Richardson Electronics faced challenges in Q1 2024 due to economic conditions and semiconductor market downturn, impacting GES sales.
Despite lower sales, the company improved gross margin and remained profitable, with strengths in PMT and Canvys segments.
Opportunities lie in GES projects' revenue potential, stock buybacks, and Board restructuring for enhanced shareholder value.
Addressing challenges in GES sales delays and market undervaluation while leveraging strengths in PMT and Canvys segments.

Richardson Electronics faces Q2 losses but eyes growth opportunities

Richardson Electronics faces challenges from economic conditions but maintains a strong balance sheet and focus on growth initiatives.
The company is optimistic about future growth opportunities in green energy solutions and the electric locomotive market.
Despite Q2 financial setbacks, Richardson Electronics is strategically positioned for anticipated demand recovery in 2024.
Operational improvements in Canvys sales and product expansions signal potential for revenue growth in upcoming quarters.

Richardson Electronics (RELL) returns to profitability, eyes growth opportunities

Richardson Electronics (RELL) showcased a strong performance in Q3 2024, returning to profitability and reporting sales growth.
The company's strengths lie in inventory management improvements, strong sales in GES and healthcare divisions, and ongoing market programs.
Challenges include semiconductor sales decline, stock buyback considerations, and addressing cyclicality in the business.
Opportunities abound with partnerships like Ideal Power, offering avenues for product development and market expansion.

Richardson Electronics addresses challenges, focuses on margin improvement

Richardson Electronics navigated challenges in fiscal 2024 by focusing on margin improvement and reducing inventory. Despite lower sales, the company ended the year with no debt and $24.3 million in cash. Strong bookings and backlog growth were observed in GES and PMT, with Healthcare division sales increasing.

Richardson Electronics reports mixed Q1 results, eyes growth opportunities

Richardson Electronics' Q1 performance reflects mixed results across segments, with notable growth in green energy and healthcare businesses.
While facing challenges in gross margin and operating income, the company maintains a strong cash position and positive operating cash flow.
Opportunities lie in the GES segment's strong growth, healthcare division expansion, and strategic focus on green energy and semiconductor markets.
Careful cash flow management and inventory optimization are key priorities amidst growth initiatives and market opportunities.

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Richardson Electronics Ltd. engages in the provision of engineered solutions. It operates through the following segments: Power and Microwave Technologies Group (PMT), Green Energy Solutions GES), Canvys, and Healthcare. The PMT segment provides engineering solutions capabilities, power grid, and microwave tube business. The GES segment focuses on products for numerous green energy applications. The Canvys segment offers customized display solutions serving the corporate enterprise, financial, healthcare, industrial, and medical original equipment manufacturers markets. The Healthcare segment manufactures, refurbishes, and distributes replacement parts for the healthcare market including hospitals, medical centers, asset management companies, independent service organizations, and multi-vendor service providers. The company was founded on May 31, 1947 and is headquartered in LaFox, IL.

New orders are from two of the world's largest owners and operators of wind farms in North America New orders are from two of the world's largest owners and operators of wind farms in North America

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

LAFOX, Ill. and TORRANCE, Calif., Nov. 12, 2024 (GLOBE NEWSWIRE) -- 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 and Richardson Electronics, Ltd. Expand Technology Partnership to EMEA for Next-Gen Silicon Carbide Power Devices

Presentation on Thursday, November 14 at 10:45 A.M. ET / 9:45 A.M. CT Presentation on Thursday, November 14 at 10:45 A.M. ET / 9:45 A.M. CT

Richardson Electronics to Attend the Sidoti Micro-Cap Virtual Conference

Richardson Electronics leverages technology partners and a skilled design team to innovate and introduce new products across four segments, driving growth and market share. The semiconductor fab equipment market, particularly with Lam Research, is set for a strong rebound, significantly boosting high-margin revenue. GES segment shows promising growth in wind turbines and electric trains, with new products and exclusive partnerships enhancing market penetration.

Richardson Electronics Getting Ready To Rumble

Richardson Electronics, Ltd. (NASDAQ:RELL ) Q1 2025 Earnings Call Transcript October 10, 2024 10:00 AM ET Company Participants Ed Richardson - CEO Bob Ben - CFO Greg Peloquin - GM, Power & Microwave Technologies Group, Green Energy Solutions Wendy Diddell - COO & GM for Richardson Healthcare Jens Ruppert - GM, Canvys Conference Call Participants Bobby Brooks - Northland Anja Soderstrom - Sidoti Andrew Rem - Odinson Partners Ross Taylor - ARS Investment Partners Operator Good day, and thank you for standing by.

Richardson Electronics, Ltd. (RELL) Q1 2025 Earnings Call Transcript

Richardson Electronics (RELL) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to earnings of $0.09 per share a year ago.

Richardson Electronics (RELL) Q1 Earnings and Revenues Top Estimates

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 LAFOX, Ill., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd.

Richardson Electronics Reports First Quarter Results; Declares Quarterly Cash Dividend

LAFOX, Ill., Oct. 02, 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.

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

Richardson Electronics' extensive distribution network has enhanced the accessibility of Quantic MWD's products to a broad range of customers Richardson Electronics' extensive distribution network has enhanced the accessibility of Quantic MWD's products to a broad range of customers

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

Expanding access to cutting-edge capacitor technologies for next generation aerospace and defense systems EAST PROVIDENCE, R.I. , Sept. 18, 2024 /PRNewswire/ -- Quantic® Electronics ("Quantic"), a portfolio company of Arcline Investment Management, today announced a global distribution agreement with Richardson Electronics, Ltd.

Quantic Electronics and Richardson Electronics Forge Global Technology Partnership

Expanding access to cutting-edge capacitor technologies for next-generation aerospace and defense systems Expanding access to cutting-edge capacitor technologies for next-generation aerospace and defense systems

Richardson Electronics and Quantic Electronics Forge Global Technology Partnership

Company to Exhibit at WindEnergy Hamburg Event on September 24 – 27th, 2024 Company to Exhibit at WindEnergy Hamburg Event on September 24 – 27th, 2024

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

Richardson Electronics, Ltd. (NASDAQ:RELL ) Q4 2024 Earnings Conference Call July 25, 2024 10:00 AM ET Company Participants Edward Richardson - CEO Robert Ben - CFO Gregory Peloquin - GM, Power & Microwave Technologies Group, Green Energy Solutions Wendy Diddell - COO & GM for Richardson Healthcare Jens Ruppert - GM, Canvys Conference Call Participants Robert Brooks - Northland Capital Markets Anja Soderstrom - Sidoti Ross Taylor - ARS Investment Partners Chip Rewey - Rewey Asset Management Andrew Rem - Odinson Partners Operator Ladies and gentlemen, thank you for standing by.

Richardson Electronics, Ltd. (RELL) Q4 2024 Earnings Call Transcript

Richardson Electronics (RELL) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of a loss of $0.05 per share. This compares to earnings of $0.11 per share a year ago.

Richardson Electronics (RELL) Q4 Earnings Beat Estimates

First year-over-year reduction in inventory since fiscal 2017, reflecting management's efforts to improve working capital levels

Richardson Electronics Reports Fourth Quarter and Fiscal Year 2024 Results; Declares Quarterly Cash Dividend

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.

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

Richardson Electronics (RELL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Richardson Electronics (RELL) to Report a Decline in Earnings: What to Look Out for

LAFOX, Ill., June 17, 2024 (GLOBE NEWSWIRE) -- 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 will be onsite in Booth 1308 to discuss their newest lineup of technology partners. These top-tier partners deliver disruptive technologies worldwide for a wide range of applications.

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

Richardson will be providing their patented Pitch Energy Module technology to Suzlon worldwide. Richardson will be providing their patented Pitch Energy Module technology to Suzlon worldwide.

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

Richardson Electronics, Ltd. (NASDAQ:RELL ) Q3 2024 Earnings Call Transcript April 11, 2024 10:00 AM ET Company Participants Ed Richardson - CEO Robert Ben - CFO Greg Peloquin - GM, Power & Microwave Technologies Group, Green Energy Solutions Wendy Diddell - COO & GM for Richardson Healthcare Jens Ruppert - GM, Canvys Conference Call Participants Anja Soderstrom - Sidoti Ross Taylor - ARS Investment Partners Barry Mendel - Mendel Money Management Joseph Nerges - Segren Investments Operator Good day, and thank you for standing by.

Richardson Electronics, Ltd. (RELL) Q3 2024 Earnings Call Transcript

Richardson Electronics (RELL) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to earnings of $0.44 per share a year ago.

Richardson Electronics (RELL) Surpasses Q3 Earnings Estimates

Sales increased 18.7% sequentially, reflecting improving business conditions. Inventory decreased $4.0 million sequentially, reflecting focus on improving working capital levels.

Richardson Electronics Reports Third Quarter Fiscal 2024 Results and Declares Quarterly Cash Dividend

LAFOX, Ill., April 03, 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 .

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

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 LA FOX, IL / ACCESSWIRE / April 3, 2024 / Richardson Electronics, Ltd.

Richardson Electronics to Present at the Planet MicroCap Showcase: VEGAS 2024 on May 1, 2024 and 1x1 Meetings on May 2, 2024

LAFOX, Ill., March 18, 2024 (GLOBE NEWSWIRE) -- 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.

News for Richardson Electronics Stock (RELL)