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 >