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.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Richardson Electronics (RELL) came out with quarterly earnings of $0.11 per share, missing the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.31 per share a year ago.

Richardson Electronics (RELL) Q4 Earnings and Revenues Miss Estimates

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.

Richardson Electronics Reports 16.9% Revenue Growth and a 56.6% Increase in Operating Income for Fiscal 2023; Declares Quarterly Cash Dividend

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.

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

ChipMOS TECHNOLOGIES

Methode Electronics

OSI Systems

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Top 5 Tech Stocks You'll Regret Missing This Quarter - ChipMOS TECHNOLOGIES (NASDAQ:IMOS), CalAmp (NASDAQ:CAMP)

Richardson Electronics offers solid fundamentals, attractive ROCE, and growing financial metrics, making it a suitable investment for growth investors. The company has a promising dividend policy and appealing valuation, but its lack of sufficient cash flows raises concerns about dividend sustainability. RELL's undervalued status presents a good entry point for potential investors seeking a growth stock with strong fundamentals and returns.

Richardson Electronics: A Good Choice For Growth Investors

LAFOX, Ill., June 05, 2023 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd.

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

LAFOX, Ill., May 24, 2023 (GLOBE NEWSWIRE) -- 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 turbines. Richardson Electronics has worked with GE to make this product available to the owner/operators of GE wind turbines in North America.

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

LAFOX, Ill., May 23, 2023 (GLOBE NEWSWIRE) -- 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.

Richardson Electronics Set to Join Russell 3000® Index

LAFOX, Ill., May 15, 2023 (GLOBE NEWSWIRE) -- 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 safety critical. This is the latest patent pending product adding to the Company's growing portfolio of engineered solutions.

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

LAFOX, Ill., May 03, 2023 (GLOBE NEWSWIRE) -- 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 Green Energy Solutions business segment.

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

Richardson Electronics (RELL) could produce exceptional returns because of its solid growth attributes.

3 Reasons Growth Investors Will Love Richardson Electronics (RELL)

Richardson Electronics has concrete and in-demand solutions capable of doubling its revenue and maintaining high-profit margins in the next five years. Q3 2023 indicated impressive YoY growth numbers, especially for its booming Green Energy Solution Business (GES), which saw 103% growth in sales to $11.5 million in Q3 2023.

Richardson Electronics: A Misunderstood Opportunity With Serious Growth Power

Richardson Electronics, Ltd. (NASDAQ:RELL ) Q3 Fiscal Year 2023 Conference Call April 6, 2023 10:00 AM ET Company Participants Edward J.

Richardson Electronics, Ltd. (RELL) Q3 Fiscal Year 2023 Conference Call Transcript

Richardson Electronics (RELL) delivered earnings and revenue surprises of 15.79% and 0.23%, respectively, for the quarter ended February 2023. Do the numbers hold clues to what lies ahead for the stock?

Richardson Electronics (RELL) Beats Q3 Earnings and Revenue Estimates

Green Energy Solutions sales increase 103% over Q3 FY22; total net sales increase 27.2%

Richardson Electronics Reports 10th Consecutive Quarter of Year-Over-Year Revenue Growth for the Third Quarter Fiscal 2023; Declares Quarterly Cash Dividend

Adding Increased Capabilities to their Power Management and Green Energy Solutions Portfolio of Products Adding Increased Capabilities to their Power Management and Green Energy Solutions Portfolio of Products

VINATech Joins Richardson Electronics, Ltd. Portfolio of Technology Partners

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.

Richardson Electronics Announces Date of Third Quarter Fiscal Year 2023 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.

Richardson Electronics (RELL) Earnings Expected to Grow: Should You Buy?

Here is Why Growth Investors Should Buy Richardson Electronics (RELL) Now

Newly Issued Patent to Support the Continued Replacement of Wind Turbine Batteries with Ultracapacitor Module Technology Newly Issued Patent to Support the Continued Replacement of Wind Turbine Batteries with Ultracapacitor Module Technology

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

LAFOX, Ill., March 21, 2023 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL) today announced preliminary results for its third quarter ended February 25, 2023, in conjunction with the Company's presentation at the Sidoti & Company Virtual Small-Cap Investor Conference on Thursday, March 23, 2023. The Webinar link is https://sidoti.zoom.us/webinar/register/WN_8E3Af1CmRfu8G0EXT6A1kA and the presentation is available on the Company's investor relations website at https://www.rell.com/investor-relations.

Richardson Electronics Provides FY23 Q3 Business Update

LAFOX, Ill. and TORRANCE, Calif., March 15, 2023 (GLOBE NEWSWIRE) -- 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. Strengthens Power Management Portfolio in the Americas with Navitas Semiconductor

Presentation on Thursday, March 23 at 12:15 P.M. ET / 11:15 A.M. CT Presentation on Thursday, March 23 at 12:15 P.M. ET / 11:15 A.M. CT

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

Richardson Healthcare expands CT modality coverage with replacement CT Tube Richardson Healthcare expands CT modality coverage with replacement CT Tube

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

When a stock breaks out above the 50-Day simple moving average, good things could be on the horizon. How should investors react?

News for Richardson Electronics Stock (RELL)