Richardson Electronics, Ltd. (RELL)

NASDAQ: RELL · IEX Real-Time Price · USD
9.96
-0.12 (-1.19%)
Apr 25, 2024, 4:00 PM EDT - Market closed
-1.19%
Market Cap 140.15M
Revenue (ttm) 207.92M
Net Income (ttm) 4.30M
Shares Out 14.07M
EPS (ttm) 0.29
PE Ratio 34.34
Forward PE 19.53
Dividend $0.24 (2.41%)
Ex-Dividend Date May 9, 2024
Volume 113,685
Open 10.32
Previous Close 10.08
Day's Range 9.94 - 10.13
52-Week Range 8.08 - 19.58
Beta 1.04
Analysts n/a
Price Target n/a
Earnings Date Apr 10, 2024

About RELL

Richardson Electronics, Ltd. provides engineered solutions, power grid and microwave tube, and related consumables worldwide. The Power and Microwave Technologies segment manufactures electron tubes and RF, Microwave and power components for semiconductors; and manufacturing equipment, RF and wireless and industrial power applications, as well as various applications including broadcast transmission, CO2 laser cutting, diagnostic imaging, dielectric and induction heating, energy transfer, high voltage switching, plasma, power conversion, radar,... [Read more]

Sector Technology
Founded 1947
Employees 451
Stock Exchange NASDAQ
Ticker Symbol RELL
Full Company Profile

Financial Performance

In 2023, RELL's revenue was $262.66 million, an increase of 16.93% compared to the previous year's $224.62 million. Earnings were $22.33 million, an increase of 24.58%.

Financial Statements

News

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

Sales increased 18.7% sequentially, reflecting improving business conditions. Inventory decreased $4.0 million sequentially, reflecting focus on improving working capital levels.

15 days ago - GlobeNewsWire

Richardson Electronics Announces Date of Third Quarter Fiscal Year 2024 Conference Call

LAFOX, Ill., April 03, 2024 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL) plans to release its financial results for its third quarter ended March 2, 2024 after the close of business...

22 days ago - GlobeNewsWire

Richardson Electronics to Present at the Planet MicroCap Showcase: VEGAS 2024 on May 1, 2024 and 1x1 Meetings on May 2, 2024

Richardson Electronics will Present at the "Top Tier Track" Featuring a Q&A with Maj Soueidan from Geoinvesting.com on May 1, 2024 at 11:30 A.M. PT LA FOX, IL / ACCESSWIRE / April 3, 2024 / Richardson...

22 days ago - Accesswire

Richardson Electronics, Ltd. Announces Global Distribution Agreement with Ideal Power

LAFOX, Ill., March 18, 2024 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL) announced today a global distribution agreement with Ideal Power (NASDAQ: IPWR) for products including the d...

5 weeks ago - GlobeNewsWire

Richardson Electronics, Ltd. Completes Phase One of Largest Retrofit of Ultracapacitors for Pitch Energy Modules in North America

Company reaches milestone with over 50,000 units of patented ULTRA3000® installed Company reaches milestone with over 50,000 units of patented ULTRA3000® installed

6 weeks ago - GlobeNewsWire

Microwave Components, Inc. Joins Richardson Electronics, Ltd. Portfolio of Technology Partners

Brings Increased Capabilities to the Company's Portfolio of RF and Microwave Products Brings Increased Capabilities to the Company's Portfolio of RF and Microwave Products

3 months ago - GlobeNewsWire

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.

3 months ago - GlobeNewsWire

Richardson Electronics Announces Date of Second Quarter Fiscal Year 2024 Conference Call

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 busin...

4 months ago - GlobeNewsWire

Richardson Electronics, Ltd. and Integrated Power Services (IPS) Announce Partnership to Bring Patented ULTRA3000® to Key Wind Owner Operators

New partnership expands Company's growth opportunities within the Renewable Energy market New partnership expands Company's growth opportunities within the Renewable Energy market

4 months ago - GlobeNewsWire

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 customer...

7 months ago - GlobeNewsWire

Richardson Electronics Announces Date of First Quarter Fiscal Year 2024 Conference Call

LAFOX, Ill., Oct. 04, 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 busin...

7 months ago - GlobeNewsWire

Richardson Electronics, Ltd. Receives Patent for Its Ultracapacitor Generator Start Module - ULTRAGEN3000™

Newly issued patent to support the Company's growth opportunities within energy storage solutions Newly issued patent to support the Company's growth opportunities within energy storage solutions

7 months ago - GlobeNewsWire

Richardson Electronics, Ltd. to Attend the LD Micro Invitational XVI

Presentation on Tuesday, October 3rd at 10:30 A.M. PT / 1:30 P.M.

Other symbols: SRAX
7 months ago - Newsfile Corp

Richardson Electronics, Ltd. Introduces New Consumables for Fiber Lasers at FABTECH 2023

See our new lineup of nozzles, protective windows and laminated bellows at booth A3315 See our new lineup of nozzles, protective windows and laminated bellows at booth A3315

8 months ago - GlobeNewsWire

Richardson Electronics, Ltd. to Present and Host 1x1 Investor Meetings at the 14th Annual Midwest IDEAS Investor Conference on August 23rd in Chicago, IL

LAFOX, Ill., Aug. 16, 2023 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL), a global provider of engineered solutions for the green energy, power management, custom display, and health...

9 months ago - GlobeNewsWire

Richardson Electronics, Ltd. Upgrades Headquarters to Accommodate Growing Green Energy Solutions Business Unit

LAFOX, Ill., July 24, 2023 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd.

9 months ago - GlobeNewsWire

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...

10 months ago - GlobeNewsWire

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 ...

10 months ago - GlobeNewsWire

Top 5 Tech Stocks You'll Regret Missing This Quarter - ChipMOS TECHNOLOGIES (NASDAQ:IMOS), CalAmp (NASDAQ:CAMP)

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Other symbols: CAMPIMOSMEIOSIS
10 months ago - Benzinga

Richardson Electronics, Ltd. to Present at the TD Cowen Sustainability Week Investor Conference

LAFOX, Ill., June 05, 2023 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd.

11 months ago - GlobeNewsWire

Richardson Electronics' Patented ULTRA3000® Selected by GE Vernova as the Exclusive Pitch Energy Module Available on their Expanded Product Marketplace

LAFOX, Ill., May 24, 2023 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (Nasdaq: RELL) announced today that its ULTRA3000 ®  Pitch Energy Module (PEM) has been selected by GE Vernova to be featured...

1 year ago - GlobeNewsWire

Richardson Electronics Set to Join Russell 3000® Index

LAFOX, Ill., May 23, 2023 (GLOBE NEWSWIRE) -- 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 ...

1 year ago - GlobeNewsWire

Richardson Electronics, Ltd. Introduces New Patent Pending Hybrid Ultracapacitor UPS System for Wind Turbines and Other Power Management Systems

LAFOX, Ill., May 15, 2023 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL), a global provider of engineered solutions for renewable energy, is pleased to announce the new patent pending...

1 year ago - GlobeNewsWire

Richardson Electronics, Ltd. Announces New ULTRAPEM™ Series of Pitch Energy Modules for Wind Turbines

LAFOX, Ill., May 03, 2023 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL) announces its new ULTRAPEM™ line, a series of ultracapacitor-based modules that replace lead acid batteries wi...

1 year ago - GlobeNewsWire

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%

1 year ago - GlobeNewsWire