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

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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.

PMG, North America Display and Semiconductor Wafer Fab Revenues Grow Versus Q1 FY20 ; All SBUs Grow Versus Q4 FY20

Richardson Electronics Reports First Quarter Fiscal 2021 Results and Declares Quarterly Cash Dividend

LAFOX, Ill., Oct. 07, 2020 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL) announced today its continued support for Junkosha's renowned interconnect cables for 5G applications.

Richardson Electronics Provides Continued Support For Junkosha Interconnect Cables in 5G Applications

LAFOX, Ill., Sept. 30, 2020 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL) plans to release its financial results for its first quarter ended August 29, 2020 after the close of business on Wednesday, October 7, 2020. 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 2021 Conference Call

LAFOX, Ill., Sept.  29, 2020  (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL) announced today the availability of A mogreentech, a division of Amogroup, magnetic components including cores, chokes, and current transformers.

Richardson Electronics Now Offering Amogreentech Magnetic Components Globally

LAFOX, Ill., Sept.  24, 2020  (GLOBE NEWSWIRE) --  Richardson Electronics, Ltd . (NASDAQ: RELL) announced today the availability of General Atomics Electromagnetic Systems' high-energy capacitors for pulse power.

Richardson Electronics Now Offering General Atomics Electromagnetic Systems High Energy Capacitors for Pulse Power

LAFOX, Ill., Sept.  16, 2020  (GLOBE NEWSWIRE) --  Richardson  Electronics, Ltd.  (NASDAQ: RELL) announces the addition of two new Field Sales Engineers in Texas and Southern California for the  Power & Microwave Technologies group .

Richardson Electronics, Ltd. Strengthens RF & Microwave, Power Management, and 5G Field Technical Resources in the USA

Providing Design-In Support and Evaluation Kits Providing Design-In Support and Evaluation Kits

Richardson Electronics Now Offering AMOTECH Multi-Layer Ceramic Capacitors

Focused Approach Combines Technical Sales, Team Expertise, Global Infrastructure, and Marking Initiatives Focused Approach Combines Technical Sales, Team Expertise, Global Infrastructure, and Marking Initiatives

Richardson Electronics Enhances Think Tank with Qorvo Design Innovations in Millimeter-wave MMICs

LAFOX, Ill., Aug.  25, 2020  (GLOBE NEWSWIRE) --  Richardson Electronics, Ltd . (NASDAQ: RELL) announced today a new distribution agreement with AC Propulsion to distribute inverter products.

Richardson Electronics Now a Global Distributor for AC Propulsion, Inc.

An Ideal Solution for mmWave & 5G Applications An Ideal Solution for mmWave & 5G Applications

Richardson Electronics Now an Approved Die Movement Partner for Qorvo’s RF & Microwave Die Products

LAFOX, Ill., Aug.  11, 2020  (GLOBE NEWSWIRE) --  Richardson Electronics, Ltd . (NASDAQ: RELL) announced today it is participating in KIEES2020.  

Richardson Electronics Participating in 2020 KIEES Summer Academic Conference in Korea

LAFOX, Ill., Aug.  04, 2020  (GLOBE NEWSWIRE) --  Richardson Electronics, Ltd . (NASDAQ: RELL) announced today its Power & Microwave Technologies group will be participating in the International Microwave Symposium (IMS2020 ) virtual conference , August 4 through August 6, 2020.

Richardson Electronics – Power & Microwave Technologies Participating in IMS2020 Virtual Conference

Virtual Online Webinar Series Explores RF and Power Management Technologies Virtual Online Webinar Series Explores RF and Power Management Technologies

Richardson Electronics Announces Support of Qorvo Design Summit

Richardson Electronics continues to plod along making small losses and breakeven free cash flow.

Richardson Electronics: Analysts Seem To Have Given Up

Richardson Electronics, Ltd. (RELL) CEO Edward Richardson on Q4 2020 Results - Earnings Call Transcript

LAFOX, Ill., July  21, 2020  (GLOBE NEWSWIRE) --  Richardson  Electronics, Ltd.  (NASDAQ: RELL) announces the addition of two new Field Sales Engineers in Northern Italy and Japan for the  Power & Microwave Technologies group .

Richardson Electronics, Ltd. Strengthens RF & Microwave, Power Management, and 5G Field Technical Resources in Europe and Asia

LAFOX, Ill., July  15, 2020  (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL) plans to release its financial results for its fourth quarter and fiscal year ended May 30, 2020 after the close of business on Wednesday, July 22, 2020. 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 2020 Conference Call

LAFOX, Ill., July  13, 2020  (GLOBE NEWSWIRE) --  Richardson  Electronics , Ltd. (NASDAQ: RELL) announced today the availability of LS Mtron’s 3.0V 3400F ultracapacitor, one of the highest power density storage cells in the industry.

Richardson Electronics, Ltd. Now Offering New Ultracapacitors from LS Mtron - Exceptional Power Density

LAFOX, Ill., July  07, 2020  (GLOBE NEWSWIRE) --  Richardson  Electronics, Ltd.  (NASDAQ: RELL) announces the addition of two new Field Sales Engineers in the western United States for the  Power & Microwave Technologies Group .

Richardson Electronics, Ltd. Strengthens RF & Microwave, Power Management, and 5G Field Technical Resources in Western USA

LAFOX, Ill., June  30, 2020  (GLOBE NEWSWIRE) --  Richardson Electronics, Ltd . (NASDAQ: RELL) announced today the availability of StarPower’s new  X-Series 1700V IGBT   modules.

Richardson Electronics, Ltd. Now Offering 1700V StarPower IGBT Modules

LAFOX, Ill., June  23, 2020  (GLOBE NEWSWIRE) --  Richardson Electronics, Ltd . (NASDAQ: RELL) announced today a new distribution agreement with  DAPU Telecom , a leader in frequency control and timing solution products. The agreement aligns with both companies’ commitment to providing the highest reliability and quality products into various applications including RF and microwave communications, industrial, wired and wireless transmission, radar and test equipment.

Richardson Electronics, Ltd. and DAPU Telecom Technology Sign Global Distribution Agreement

LAFOX, Ill., June  16, 2020  (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL) announces the addition of a Field Sales Engineer in Korea for the Power & Microwave Technologies Group (“PMT”).

Richardson Electronics, Ltd. Strengthens RF Resources in Korea

Richardson Electronics, Ltd. (RELL) CEO Edward Richardson on Q3 2020 Results - Earnings Call Transcript

High-Performance GaAs and GaN Components for Defense, Aerospace and Commercial Applications High-Performance GaAs and GaN Components for Defense, Aerospace and Commercial Applications

Richardson Electronics Now Global Distributor for Custom MMIC – A Qorvo Company

Richardson Electronics - Not Down The Tubes Yet

News for Richardson Electronics Stock (RELL)