Richardson Electronics (RELL) Reports Q3 Loss of $0.10/Share

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Go back to Richardson Electronics (RELL) Reports Q3 Loss of $0.10/Share

Richardson Electronics Reports Third Quarter Fiscal 2017 Results and Declares Quarterly Cash Dividend

April 5, 2017 5:00 PM EDT

LAFOX, Ill., April 05, 2017 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL) today reported financial results for its third quarter ended February 25, 2017. The Company also announced that its Board of Directors declared a $0.06 per share quarterly cash dividend.

Third Quarter Results

Net sales for the third quarter of fiscal 2017 were $32.3 million, an increase of 3.3%, compared to net sales of $31.3 million in the prior years third quarter. Sales increased $1.8 million for... More