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Richardson Electronics: Fiscal Q3 Earnings Snapshot
April 7, 2021
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LAFOX, Ill. (AP) Richardson Electronics Ltd. (RELL) on Wednesday reported fiscal third-quarter net income of $228,000, after reporting a loss in the same period a year earlier.
The Lafox, Illinois-based company said it had net income of 2 cents per share. Earnings, adjusted for non-recurring costs, were 14 cents per share.
The electronic components and communication products company posted revenue of $45.2 million in the period.
Richardson Electronics shares have climbed 59% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $7.50, more than doubling in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RELL at https://www.zacks.com/ap/RELL
Richardson Electronics, Ltd. Expands RF/Microwave Offering with Signal Microwave
January 21, 2021 11:00 ET | Source: Richardson Electronics, Ltd. Richardson Electronics, Ltd. Lafox, Illinois, UNITED STATES
LAFOX, Ill., Jan. 21, 2021 (GLOBE NEWSWIRE) Richardson Electronics, Ltd. (NASDAQ: RELL) announced today a new global distribution agreement with Signal Microwave, a leader in microwave connectors and test boards for applications up to 110GHz. The agreement aligns with both companies’ commitment to providing the highest reliability and quality products for various applications, including RF and microwave communications, wired and wireless transmission, test equipment, and radar.
Signal Microwave is moving beyond the technology developed by traditional microwave connector manufacturers to create innovative new connector and PC board products for both microwave and high-speed digital applications. All products are fabricate
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