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 than ...

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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 150%. A quarter ago, it was expected that this electronic components and communication products company would post earnings of $0.01 per share when it actually produced a loss of $0.13, delivering a surprise ...

EXHIBIT 99.1 Press Release For Immediate Release Edward J. Richardson Robert J. Ben PO BOX 393 For Details Contact: 40W267 Keslinger Road Chairman and CEO EVP & CFO LaFox, IL 60147-0393 USA Phone: (630) 208-2320 (630) 208-2203 (630) 208-2200 | Fax: (630) 208-2550 Third Quarter Results Net sales for the third quarter of fiscal 2024 decreased 25.6% to $52.4 million compared to net sales of $70.4 million in the prior year's third quarter due to lower net sales in PMT and Canvys. PMT sales decreased $15.7 milli ...

LAFOX, Ill., March 14, 2024 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ:RELL), a global provider of engineered solutions for renewable energy and other power management applications, has reached a significant milestone with the shipment and installation of over 50,000 patented ULTRA3000® pitch energy modules ("PEMs"). PEMs store and manage energy required to adjust the blade angles to ensure effective operation of the wind turbine. This achievement marks the largest retrofit of ultracapacitors ...

LAFOX, Ill., Jan. 24, 2024 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ:RELL) announced today a global agreement has been reached with Microwave Components, Inc. (MCI). Microwave Components, Inc. of Dracut, Massachusetts is a Veteran-owned, U.S. company that has been a leading manufacturer of custom miniature electronic air coils since 1978. MCI coils are manufactured to meet its customers' specifications. MCI's High Q, miniature air coils are used in a variety of RF and Microwave applications a ...

Richardson Electronics, Ltd. (NASDAQ:RELL) Q2 2024 Earnings Call Transcript January 11, 2024 10:00 AM ET Company Participants Edward 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 DeForest Hinman - Bumbershoot Holdings P. Ross Taylor - ARS Investment Partners Operator Good day, and thank you for standing by and ...

Richardson Electronics (RELL) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of $0.01. This compares to earnings of $0.39 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1,400%. A quarter ago, it was expected that this electronic components and communication products company would post earnings of $0.03 per share when it actually produced earnings of $0.09, delivering a surprise of 200%. ...

Results reflect challenging economic conditions as well as decline in sales to semiconductor wafer fab customers and project delays across the Company's GES business. Backlog increased 2% over the past three months, which management believes indicates stabilizing demand. Company implements new ownership requirements for outside directors. LAFOX, Ill., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ:RELL) today reported financial results for its second quarter ended December 2, 2023. T ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 2, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from To Commission File Number: 0-12906 RICHARDSON ELECTRONICS, LTD. (Exact name of registrant as specified in its charter) Delaware 36-2096643 (State or other j ...

LAFOX, Ill., Jan. 03, 2024 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ:RELL) plans to release its financial results for its second quarter ended December 2, 2023 after the close of business on Wednesday, January 10, 2024. The release will be distributed by GlobeNewswire and will be available on the Company's website at www.rell.com. On Thursday, January 11, 2024, at 9:00 a.m. Central Time, Edward J. Richardson, Chairman and Chief Executive Officer, and Robert J. Ben, Chief Financial Officer, wi ...