Richardson Electronics (RELL) Declares $0.06 Quarterly Dividend; 1.6% Yield

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Richardson Electronics Reports Second Quarter Results; Declares Quarterly Cash Dividend

January 7, 2025 4:15 PM EST

Q2 FY25 net sales increased 12.1% YoY, the second consecutive quarterly YoY increase

Green Energy Solutions (GES) net sales increased 129% from Q2 FY24

Richardson Electronics ended Q2 with positive operating cash flow for the third consecutive quarter, $26.6 million in cash and cash equivalents and no debt

Management expects YoY sales growth and higher profitability for FY25

LAFOX, Ill., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL) today reported financial results for its second quarter ended... More