Richardson Electronics

Richardson Electronics Ltd. engages in the provision of engineered solutions and distributes electronic components to the electron device marketplace. It operates through the following segments: Power and Microwave Technologies Group (PMT), Canvys, and Healthcare. The PMT segment provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair-all through its existing global infrastructure. The Canvys segment offers customized display solutions serving the corporate enterprise, financial, healthcare, industrial, and medical original equipment manufacturers markets. The Healthcare segment manufactures, refurbishes, and distributes replacement parts for the healthcare market including hospitals, medical centers, asset management companies, independent service organizations, and multi-vendor service providers. The company was founded on May 31, 1947 and is headquartered in LaFox, IL.

Earnings data Q3 2021

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Richardson Electronics reports robust Q2 growth, eyes green energy

Richardson Electronics delivered strong financial results in Q2 2023, driven by sales growth in key segments and strategic investments in innovation and customer relationships.
Challenges in healthcare and supply chain management require attention, but the company's focus on growth areas like green energy and electric vehicles bodes well for future performance.
Overall, Richardson Electronics remains optimistic about future prospects, emphasizing profitability, innovation, and market expansion as key drivers of success.

RELL reports challenging Q1, anticipates sales reacceleration and expansion opportunities

RELL faced challenges in Q1 fiscal year 2024, with declining net sales and impacted divisions. However, the company is actively pursuing opportunities for sales reacceleration, expansion, and new production orders, while maintaining stable performance in Canvys.

Richardson Electronics reports record FY 2023 performance and eyes green energy growth

Richardson Electronics had a standout year in FY 2023, driven by organic growth strategies and the successful launch of Green Energy Solutions.
While facing challenges in the semiconductor market, the company is optimistic about leveraging green energy projects for future growth.
Strong performance in Canvys and Richardson Healthcare, coupled with inventory management strategies, supported financial stability.
Opportunities lie in expanding the Green Energy Solutions business, potential stock buybacks, and meeting high demand for specific products.

Richardson Electronics reports Q1 challenges and opportunities for growth

Richardson Electronics faced challenges in Q1 2024 due to economic conditions and semiconductor market downturn, impacting GES sales.
Despite lower sales, the company improved gross margin and remained profitable, with strengths in PMT and Canvys segments.
Opportunities lie in GES projects' revenue potential, stock buybacks, and Board restructuring for enhanced shareholder value.
Addressing challenges in GES sales delays and market undervaluation while leveraging strengths in PMT and Canvys segments.

Richardson Electronics faces Q2 losses but eyes growth opportunities

Richardson Electronics faces challenges from economic conditions but maintains a strong balance sheet and focus on growth initiatives.
The company is optimistic about future growth opportunities in green energy solutions and the electric locomotive market.
Despite Q2 financial setbacks, Richardson Electronics is strategically positioned for anticipated demand recovery in 2024.
Operational improvements in Canvys sales and product expansions signal potential for revenue growth in upcoming quarters.

Richardson Electronics (RELL) returns to profitability, eyes growth opportunities

Richardson Electronics (RELL) showcased a strong performance in Q3 2024, returning to profitability and reporting sales growth.
The company's strengths lie in inventory management improvements, strong sales in GES and healthcare divisions, and ongoing market programs.
Challenges include semiconductor sales decline, stock buyback considerations, and addressing cyclicality in the business.
Opportunities abound with partnerships like Ideal Power, offering avenues for product development and market expansion.

Richardson Electronics addresses challenges, focuses on margin improvement

Richardson Electronics navigated challenges in fiscal 2024 by focusing on margin improvement and reducing inventory. Despite lower sales, the company ended the year with no debt and $24.3 million in cash. Strong bookings and backlog growth were observed in GES and PMT, with Healthcare division sales increasing.

Richardson Electronics reports mixed Q1 results, eyes growth opportunities

Richardson Electronics' Q1 performance reflects mixed results across segments, with notable growth in green energy and healthcare businesses.
While facing challenges in gross margin and operating income, the company maintains a strong cash position and positive operating cash flow.
Opportunities lie in the GES segment's strong growth, healthcare division expansion, and strategic focus on green energy and semiconductor markets.
Careful cash flow management and inventory optimization are key priorities amidst growth initiatives and market opportunities.

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Richardson Electronics Ltd. engages in the provision of engineered solutions. It operates through the following segments: Power and Microwave Technologies Group (PMT), Green Energy Solutions GES), Canvys, and Healthcare. The PMT segment provides engineering solutions capabilities, power grid, and microwave tube business. The GES segment focuses on products for numerous green energy applications. The Canvys segment offers customized display solutions serving the corporate enterprise, financial, healthcare, industrial, and medical original equipment manufacturers markets. The Healthcare segment manufactures, refurbishes, and distributes replacement parts for the healthcare market including hospitals, medical centers, asset management companies, independent service organizations, and multi-vendor service providers. The company was founded on May 31, 1947 and is headquartered in LaFox, IL.

0.8mm Connectors for Applications Up To 145 GHz 0.8mm Connectors for Applications Up To 145 GHz

Richardson Electronics Expands Microwave Product Portfolio with Junkosha Cable Assemblies

Richardson Electronics is still priced below net current asset value. The 5G portion of PMT vertical and healthcare segment is breaking out and quickly becoming the major sources of Richardson's profits.

Richardson Electronics: The 5G Value Play You Didn't Miss

LAFOX, Ill., March 19, 2021 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL) announced today it is now offering Cornell Dubilier's new high-energy storage pulse capacitors.

Richardson Electronics, Ltd. Expands Power Management Technology Portfolio with Cornell Dubilier's High Energy Storage, Pulse Discharge Capacitors

LAFOX, Ill., March 08, 2021 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL) is pleased to announce Joshua Borders as a new business development manager for the Power & Microwave Technologies division. As Richardson Electronics further expands its product lines in the renewable power generation industry, Josh will be responsible for promoting and supporting the rapidly growing demand for our patent-pending Ultra3000 ® Series to wind farm operators and other customers looking to extend the reliability and life of battery systems with ultracapacitor module solutions.

Richardson Electronics, Ltd. Strengthens Renewable Power Generation Resources in the USA

LAFOX, Ill., Feb. 25, 2021 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL) announced today the expansion of its product portfolio with a new range of microwave filters from its established partner 3RWave.

Expansion of RF/Microwave Continues with Richardson Electronics, Ltd. Now Offering Microwave Filters from 3RWave

Richardson Electronics, Ltd. (NASDAQ:RELL) appears to be a traditional deep value stock. This is a business that has been on my radar for some time, but it has never really made enough progress to convince me.

A Closer Look at Net Net Investment Richardson Electronics

Supports Electric Vehicles, Uninterruptible Power Supplies, Solar Power, and Other Renewable Energy Applications Supports Electric Vehicles, Uninterruptible Power Supplies, Solar Power, and Other Renewable Energy Applications

Richardson Electronics, Ltd. Continues Expansion of Power Management Capabilities with SemiQ Third Generation SiC Diode Modules

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Despite the market's recent record-breaking performance, there are still a handful of stocks that appear to be exceptionally cheap. These stocks have fallen below their net-net investment value.

3 Benjamin Graham Style Net Net Stocks

LAFOX, Ill., Jan. 28, 2021 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL) announced today a new distribution agreement with Quantum Microwave, a US-based manufacturer of microwave and millimeter-wave solutions. This is a global agreement, excluding Japan, China, and Taiwan.

Richardson Electronics, Ltd. Continues Expansion of RF/Microwave with Quantum Microwave

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.

Richardson Electronics, Ltd. Expands RF/Microwave Offering with Signal Microwave

LAFOX, Ill., Jan. 14, 2021 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL) announced today a new distribution agreement with Isahaya Electronics, a manufacturer of DC/DC converters, gate drivers, and hybrid ICs. Isahaya products are used in various applications including UPS, induction heating, solar power, wind power, EV charging, and motor drives. This partnership allows for Richardson Electronics and Isahaya to create new opportunities within the Americas.

Richardson Electronics Now Distributor for Isahaya Electronics

Richardson Electronics, Ltd. (RELL) CEO Edward Richardson on Q2 2021 Results - Earnings Call Transcript

Semiconductor Wafer Fab, PMG and Healthcare Revenues Grow Versus Q2 FY20; Record ALTA750™ Tube sales Semiconductor Wafer Fab, PMG and Healthcare Revenues Grow Versus Q2 FY20; Record ALTA750™ Tube sales

Richardson Electronics Reports Second Quarter Fiscal 2021 Net Income and Declares Quarterly Cash Dividend

LAFOX, Ill., Dec. 30, 2020 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL) plans to release its financial results for its second quarter ended November 28, 2020 after the close of business on Wednesday, January 6, 2021. The release will be distributed by GlobeNewswire and will be available on the Company's website at www.rell.com.

Richardson Electronics Announces Date of Second Quarter Fiscal Year 2021 Conference Call

Products in Stock and Ready to Ship Worldwide Products in Stock and Ready to Ship Worldwide

Richardson Electronics Announces Availability of UnitedSiC's New Generation 4 SiC FETs

LAFOX, Ill., Nov. 25, 2020 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL) announces the availability of Tamura Corporation's Current Sensors & Gate Drivers.

Richardson Electronics Delivers Power Conversion Solutions with Tamura Current Sensors and Gate Drivers

LA FOX, Ill., Nov. 19, 2020 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL) strengthened their power conversion product offering with Fuji Electric's 7 th generation (X-Series) IGBT modules.

Richardson Electronics Strengthens Power Conversion Product Offering with Fuji Electric's 7th Generation (X-Series) IGBT Modules

Richardson Electronics Announces New SiC Schottky Diodes from UnitedSiC

LAFOX, Ill., Nov. 05, 2020 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL) strengthens its RF offering with Masach TechTM  EMI/RFI shields. These rigid, very planar parts are designed for reflow solder and have a removable lid to allow for much easier component troubleshooting and repair.

Richardson Electronics Strengthens RF Offering with Masach Tech™ EMI/RFI Shields

LAFOX, Ill., Nov. 04, 2020 (GLOBE NEWSWIRE) -- To better serve our customers, Canvys, A Division of Richardson Electronics, Ltd. (NASDAQ: RELL), has unveiled a newly designed website (Canvys.com). The English/German website offers users a streamlined, responsive design, improved navigation, and helpful resources.

Canvys - Visual Technology Solutions, Launches New Website for Custom Monitor Solutions

eBook provides RF engineers with the latest information on millimeter-wave system design, testing, high-frequency semiconductors, and amplifier design eBook provides RF engineers with the latest information on millimeter-wave system design, testing, high-frequency semiconductors, and amplifier design

Richardson Electronics Partners with Qorvo on “Design Innovations in MMICs” eBook

LAFOX, Ill., Oct. 22, 2020 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL) announced today the availability of Pureechem ultracapacitors.

Richardson Electronics Now Offering Pureechem Ultracapacitors

LAFOX, Ill., Oct. 15, 2020 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd . (NASDAQ: RELL) announced today the availability of SCOMES highly customizable power modules. 

Richardson Electronics Announces Availability of SCOMES Highly Customizable Power Modules

Richardson Electronics: Still Waiting For That Last Puff

Richardson Electronics, Ltd. (RELL) CEO Edward Richardson on Q1 2021 Results - Earnings Call Transcript

News for Richardson Electronics Stock (RELL)