Richardson Electronics (RELL) Declares $0.06 Quarterly Dividend; 1.9% Yield

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Go back to Richardson Electronics (RELL) Declares $0.06 Quarterly Dividend; 1.9% Yield

Richardson Electronics Reports Second Quarter Fiscal 2022 Net Income Of $4.1 Million And Declares Quarterly Cash Dividend

January 5, 2022 4:15 PM EST

PMT, Canvys and Healthcare Revenues Grow Versus Second Quarter FY21

Second Quarter Highlights

Net sales of $54.0 million were up 27.3% from last years second quarter.Sales increased for PMG, Canvys, Healthcare and Semiconductor Wafer Fabrication Equipment products in the second quarter of fiscal 2022 versus the second quarter of fiscal 2021.Backlog increased to $146.9 million in the second quarter versus $126.5 million at the end of the first quarter.Gross margin was 32.7% of net sales for the second quarter of fiscal 2022 versus 33.8% of net sales in the prior... More