Richardson Electronics (RELL) Misses Q3 EPS by 4c
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April 8, 2015 5:23 PM EDT
LAFOX, Ill.--(BUSINESS WIRE)--
Richardson Electronics, Ltd. (NASDAQ: RELL), today reported sales and
earnings for its third quarter ended February 28, 2015. The Company also
announced that its Board of Directors declared a $0.06 per share
quarterly cash dividend.
Net sales for the third quarter of fiscal 2015 were $33.5 million, a
1.8% increase compared to net sales of $32.9 million in the prior year.
Sales for the Company's EDG and Richardson Healthcare ("Healthcare")
businesses increased 4.2% and 3.5%, respectively, while sales for its
Canvys division were down 7.4%, compared to the prior year's quarter.
Gross margin increased to $9.8 million, or... More
April 8, 2015 10:00 AM EDT
Bringing innovation and quality to custom displays
LAFOX, Ill.--(BUSINESS WIRE)--
Canvys®,
a division of Richardson Electronics (NASDAQ: RELL), announced today
that its North American Facility in Marlborough, MA has been awarded ISO
13485:2003 for its... More
