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.

Celebration in honor of the Company's history and plans for the future Celebration in honor of the Company's history and plans for the future

Richardson Electronics Celebrates Its 75th Anniversary

Alliance Resource Partners

Solaris Oilfield Infrastructure

Solaris Oilfield Infrastructure (SOI), Alliance Resource Partners (ARLP) & Richardson Electronics (RELL) have been selected as the breakout stocks for today.

3 Breakout Stocks to Keep an Eye on for Superb Returns

Richardson Electronics has widely outperformed the U.S. equity market on the back of stellar underlying growth characteristics in 2021-22. The invention of an ultracapacitor to store energy for windmills could support another stretch of oversized gains for investors.

Richardson Electronics: A New-Age GE, Growth Conglomerate In The Making

Presentation on Wednesday, May 11 at 12:15 P.M. ET / 11:15 A.M. CT Presentation on Wednesday, May 11 at 12:15 P.M. ET / 11:15 A.M. CT

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

ULTRA3000® Patented Pitch Energy Module and New Products on Display ULTRA3000® Patented Pitch Energy Module and New Products on Display

Richardson Electronics, Ltd. to Showcase Green Energy Products at CLEANPOWER 2022

LAFOX, Ill., April 12, 2022 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL) today announced it received a Gold Tier Award for exceptional performance and contributions to supply chain success for BAE Systems, Inc.'s Electronic Systems sector. Richardson Electronics was honored at a virtual ceremony and was selected from the pool of suppliers that worked with BAE Systems in 2021.

BAE Systems honors Richardson Electronics, Ltd. with a Gold Tier Supplier award

Richardson Electronics, Ltd. (RELL) CEO Edward Richardson on Q3 2022 Results - Earnings Call Transcript

Richardson Electronics (NASDAQ: RELL) is a micro-cap company in business with the big boys. The company makes a wide range of power and microwave-related components for the communications, display, and healthcare industries so it is well supported by secular trends.

Micro-Cap Richardson Electronics Pulls Back Into A Buy

Seventh Consecutive Quarter of Sequential Revenue Growth; All Business Units Grow Versus Third Quarter FY21

Richardson Electronics Reports Third Quarter Fiscal 2022 Net Income of $2.9 Million and Declares Quarterly Cash Dividend

LAFOX, Ill., March 30, 2022 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL) plans to release its financial results for its third quarter ended February 26, 2022 after the close of business on Wednesday, April 6, 2022. 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 2022 Conference Call

Newly Issued Patent for Applying a Conductive Coating onto an Insulator of an X-Ray Tube Newly Issued Patent for Applying a Conductive Coating onto an Insulator of an X-Ray Tube

Richardson Electronics Receives Patent for an X-Ray Tube Insulator

LAFOX, Ill., March 07, 2022 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL) will be exhibiting at the ACP O&M and Safety Conference on March 8-10, 2022, at the Hotel Del Coronado in San Diego, CA. Richardson's highly successful pitch energy module (PEM), the patented ULTRA3000 ® , will be on display in booth #'s 913 and 1013, as well as a new lineup of products to be launched later this year.

Richardson Electronics to Showcase Patented ULTRA3000® Pitch Energy Module at the American Clean Power Operations & Maintenance and Safety Conference 2022

Potential upside in sales due to the company's new products. Net cash balance and no debt outstanding.

Richardson Electronics: Limited Downside And Favorable Upside Catalysts

By StoryTrading – Fundamentals well positioned with solid growth in the forecast

Will Richard Electronics' Rare Mix Of Growth And Value Outperform In A Volatile Market?

Announcing SemiQ's 1200V 80mΩ Silicon Carbide MOSFET Announcing SemiQ's 1200V 80mΩ Silicon Carbide MOSFET

Richardson Electronics, Ltd. Gives Designers More Flexibility with New Wide-Band Gap Band Technology

The stock price of Richardson Electronics, Ltd. (NASDAQ: RELL) increased by 13.61% in the most recent trading session.

Richardson Electronics Stock (RELL): Why The Price Jumped

Richardson Electronics, Ltd. (RELL) CEO Ed Richardson on Q2 2022 Results - Earnings Call Transcript

PMT, Canvys and Healthcare Revenues Grow Versus Second Quarter FY21

Richardson Electronics Reports Second Quarter Fiscal 2022 Net Income Of $4.1 Million And Declares Quarterly Cash Dividend

LAFOX, Ill., Dec. 29, 2021 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL) plans to release its financial results for its second quarter ended November 27, 2021 after the close of business on Wednesday, January 5, 2022. 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 Second Quarter Fiscal Year 2022 Conference Call

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 Receives Second Patent for a Pitch Energy System for Wind Turbines

Preliminary FY22 Q2 revenue expected to increase over 27% year-over-year to $54.0 million; backlog increases to $146.9 million Preliminary FY22 Q2 revenue expected to increase over 27% year-over-year to $54.0 million; backlog increases to $146.9 million

Richardson Electronics Provides Business Update

Presentation on Wednesday, December 8 at 12:15 P.M. ET / 11:15 A.M. CT Presentation on Wednesday, December 8 at 12:15 P.M. ET / 11:15 A.M. CT

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

LAFOX, Ill., Dec. 01, 2021 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL) will be exhibiting in-person at the CLEANPOWER event on December 7-8, 2021, at the Salt Palace Convention Center in Salt Lake City, UT. Their patented ultracapacitor-based pitch energy module, the ULTRA3000® , will be on display during the show in booth #1518.

Richardson Electronics to Showcase Patented ULTRA3000® at CLEANPOWER 2021

LAFOX, Ill., Nov. 16, 2021 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL) announces the availability of AMOGREENTECH's energy storage system solutions using lithium-iron-phosphate batteries.

Richardson Electronics, Ltd. Adds to Energy Storage Focus with AMOGREENTECH's Lithium-Iron Phosphate Batteries

The electric utility industry has been slow, steady, and predictable for over a century. It suddenly faces unprecedented positive and negative disruptions.

News for Richardson Electronics Stock (RELL)