Richardson Electronics (RELL) Tops Q2 EPS by 10c

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Go back to Richardson Electronics (RELL) Tops Q2 EPS by 10c

Richardson Electronics Reports Fourth Quarter Fiscal 2022 Net Income of $8.3 Million and Fiscal Year 2022 Net Income of $17.9 Million; Declares Quarterly Cash Dividend

July 20, 2022 4:15 PM EDT

Eighth Consecutive Quarter of Sequential Revenue Growth; Fiscal Year 2022 revenue growth of 26.9% over Fiscal Year 2021

Fourth Quarter Highlights

Net sales of $61.6 million were up 22.1% from last years fourth quarter with increases in all three business units.Backlog increased to $206.2 million in the fourth quarter versus $175.6 million at the end of the third quarter and $110.0 million at the end of the fourth quarter of last... More