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 First Quarter Results; Declares Quarterly Cash Dividend

October 9, 2024 4:15 PM EDT

Q1 FY25 net sales increase 2.2% YoY, the first quarterly YoY increase since Q3 FY23

Richardson Electronics ended Q1 with positive operating cash flow for the second consecutive quarter, $23.0 million in cash and cash equivalents and no debt

Management expects YoY sales growth and higher profitability for FY25

LAFOX, Ill., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL) today reported financial results for its first quarter ended August 31, 2024. The Company also announced that its Board of Directors declared a... More