Richardson Electronics (RELL) Declares $0.06 Quarterly Dividend; 2.9% Yield

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Go back to Richardson Electronics (RELL) Declares $0.06 Quarterly Dividend; 2.9% Yield

Richardson Electronics Reports Fourth Quarter Fiscal 2021 Net Income of $1.9 Million; Fiscal 2021 Net Income of $1.7 Million and Non-GAAP Net Income* of $3.3 Million; Declares Quarterly Cash Dividend

July 21, 2021 5:00 PM EDT

Healthcare, PMG, Canvys and Semiconductor Wafer Fab Revenues Grow Versus Q4 FY20; Higher ALTA750  Tube Sales

Q4 and FY21 Highlights

Net sales of $50.5 million were up 35.1% from last years fourth quarter and up 11.6% over the third quarter of fiscal 2021.Sales increased for Healthcare, PMG, Canvys and Semiconductor Wafer Fabrication Equipment products in the fourth quarter of fiscal 2021 versus the fourth quarter of fiscal 2020.Gross margin improved to 32.4% of net sales for the fourth quarter of fiscal 2021 versus 30.4% of net sales in the... More