Richardson Electronics (RELL) Announces Quarterly Earnings Results

Richardson Electronics (NASDAQ:RELL) issued its quarterly earnings data on Wednesday. The technology company reported $0.01 EPS for the quarter, Bloomberg Earnings reports. Richardson Electronics had a negative net margin of 2.98% and a negative return on equity of 3.16%. The business had revenue of $39.08 million during the quarter.

Richardson Electronics (NASDAQ:RELL) traded up $1.03 during mid-day trading on Thursday, hitting $7.96. 162,555 shares of the stock traded hands, compared to its average volume of 10,491. Richardson Electronics has a 1 year low of $5.31 and a 1 year high of $8.20. The stock has a market capitalization of $102.28, a price-to-earnings ratio of -24.12 and a beta of 0.74.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 22nd. Stockholders of record on Friday, February 9th will be issued a dividend of $0.06 per share. The ex-dividend date is Thursday, February 8th. This represents a $0.24 annualized dividend and a dividend yield of 3.02%. Richardson Electronics’s payout ratio is -72.73%.

ILLEGAL ACTIVITY NOTICE: “Richardson Electronics (RELL) Announces Quarterly Earnings Results” was originally reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this article on another website, it was copied illegally and republished in violation of U.S. & international trademark & copyright laws. The legal version of this article can be accessed at

About Richardson Electronics

Richardson Electronics, Ltd. is a provider of engineered solutions, power grid and microwave tubes, and related consumables; power conversion, and radio frequency (RF) and microwave components; high value displays, flat panel detector solutions and replacement parts for diagnostic imaging equipment, and customized display solutions.

Earnings History for Richardson Electronics (NASDAQ:RELL)

Receive News & Ratings for Richardson Electronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Richardson Electronics and related companies with's FREE daily email newsletter.

Leave a Reply