Earnings ·
Reports Q1 net income of $4.1M and declares a $0.06 quarterly cash dividend
RELLRichardson Electronics, Ltd.
Richardson Electronics reported first-quarter fiscal 2027 results with net sales increasing 18.9% year-over-year to $64.9 million, driven by growth across all three business units including Power and Microwave Technologies and Green Energy Solutions. Net income rose 112.6% to $4.1 million, or $0.27 per diluted share, while free cash flow reached $4.2 million. The company also announced a quarterly cash dividend of $0.06 per common share, payable on November 25, 2026, to shareholders of record as of November 6, 2026. Richardson Electronics operates in the global market for engineered solutions, green energy products, power grid and microwave tubes, RF components, and customized display solutions.