---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-008854"
form_type: "8-K"
ticker: "RELL"
cik: "0000355948"
company_name: "RICHARDSON ELECTRONICS, LTD."
filed_at: "2023-03-21T23:59:59+00:00"
generated_at: "2026-06-17T22:37:26.363096+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Richardson Electronics prelim Q3 sales >$70M (+27%), operating income up 110% to $7.6M

## Summary
- Preliminary FY23 Q3 net sales exceed $70M, a 27% YoY increase; backlog at $175.1M, down from $192.6M in Q2.
- Operating income estimated at $7.6M (10.8% of sales), up 110% from $3.6M (6.6%) in prior-year quarter.
- Growth driven by Green Energy Solutions, Power & Microwave, and Canvys; strong semiconductor wafer fab equipment demand.
- Green Energy Solutions backlog rose 87.2% YoY and 3.4% sequentially; overall backlog decline due to lower semiconductor orders.
- Full Q3 results expected April 5, 2023; preliminary estimates subject to final review.

## SEC filing metadata
- accession: 0000950170-23-008854
- form_type: 8-K
- ticker: RELL
- cik: 0000355948
- company_name: RICHARDSON ELECTRONICS, LTD.
- filed_at: 2023-03-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/355948/000095017023008854/0000950170-23-008854-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/355948/000095017023008854/rell-20230321.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-008854
- JSON: https://secwatch.observer/filing/0000950170-23-008854.json
- Plain text: https://secwatch.observer/filing/0000950170-23-008854.txt

## Key facts
- Earnings Releases
  RICHARDSON ELECTRONICS, LTD. reported third quarter ended February 25, 2023 results: revenue exceed $70 million.
  - Period: third quarter ended February 25, 2023
  - Revenue: exceed $70 million
  - Result: preliminary results
  source text: (630) 208-2320 (630) 208-2203 (630) 208-2200 | Fax: (630) 208-2550 RICHARDSON ELECTRONICS PROVIDES FY23 Q3 BUSINESS UPDATE • Preliminary FY23 Q3 net sales estimated to exceed $70 million, an increase of 27% over the prior year third quarter, subject to final review • Preliminary backlog is estimated to be $175.1 million • Preliminary operating income is estimated
  evidence_url: https://www.sec.gov/Archives/edgar/data/355948/000095017023008854/0000950170-23-008854-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.