Richardson Electronics Reports Second Quarter Fiscal 2016 Results and Declares Quarterly Cash Dividend

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Go back to Richardson Electronics Reports Second Quarter Fiscal 2016 Results and Declares Quarterly Cash Dividend

Richardson Electronics (RELL) Misses Q2 EPS by 8c

January 6, 2016 5:20 PM EST

Richardson Electronics (NASDAQ: RELL) reported Q2 EPS of ($0.18), $0.08 worse than the analyst estimate of ($0.10). Revenue for the quarter came in at $34.1 million versus the consensus estimate of $37.6 million.

With half of the fiscal year behind us and significant investments in our management team... More