secwatch.observer — SEC 8-K summary ====================================== Issuer: RICHARDSON ELECTRONICS, LTD. (RELL) CIK: 0000355948 Form: 8-K Filed at: 2026-10-07T20:20:50+00:00 Accession: 0000355948-26-000017 Event type: earnings Sentiment: positive Materiality: 0.75 Item codes: 2.02, 9.01 LLM model: deepseek-v4.1-flash:cloud@v2 Richardson Electronics Q1 FY2027 sales rise 18.9% to $64.9M; EPS $0.27; declares $0.06 dividend -------------------------------------------------------------------------------- - Net sales rose 18.9% YoY to $64.9M from $54.6M, with all three units growing: PMT +19.7%, GES +27.1%, Canvys +7.9%. - Net income rose 112.6% to $4.1M; diluted EPS $0.27 vs $0.13; operating income $5.1M vs $1.0M; EBITDA $6.0M vs $3.3M. - Gross margin was 34.6% vs 31.0%, aided by a 1.7% IEEPA Tariff Refund; PMT margin 35.4%, GES 32.6%, Canvys 33.0%. - Backlog at Aug. 29, 2026 was $184.4M, up 36.9% YoY and 12.2% from $164.4M at FY2026 end; highest in more than three years. - Board declared $0.06/share common and $0.054/share Class B quarterly dividends, payable Nov. 25, 2026 to common holders of record Nov. 6, 2026. Source: EDGAR index: https://www.sec.gov/Archives/edgar/data/355948/000035594826000017/0000355948-26-000017-index.htm Primary doc: https://www.sec.gov/Archives/edgar/data/355948/000035594826000017/rell-20261007.htm HTML page: https://secwatch.observer/filing/0000355948-26-000017 License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer