Richardson Electronics Reports Second Quarter Fiscal 2024 Results and Declares Quarterly Cash Dividend
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 ...