{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-011919","form_type":"8-K","ticker":"RELL","cik":"0000355948","company_name":"RICHARDSON ELECTRONICS, LTD.","filed_at":"2023-04-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.816483+00:00","generated_at":"2026-06-17T06:06:27.761546+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Richardson Electronics Q3 FY2023: EPS $0.44, revenue up 27%, GES sales +103%","bullets":["Net sales $70.4M (+27.2% YoY); operating income $7.6M (+110% YoY); diluted EPS $0.44 vs $0.21.","Green Energy Solutions sales surged 103% to $5.8M; PMT +22%, Canvys +19%, Healthcare -23.9%.","Backlog $175.1M; cash and investments $24.6M; entered $30M revolving credit line with PNC Bank.","Board declared $0.06 quarterly cash dividend, payable May 24, 2023 to holders of record May 5, 2023.","Gross margin 31.8% flat YoY; operating expenses as % of sales improved to 21.0% from 25.2%."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-011919","json":"https://secwatch.observer/filing/0000950170-23-011919.json","markdown":"https://secwatch.observer/filing/0000950170-23-011919.md","text":"https://secwatch.observer/filing/0000950170-23-011919.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/355948/000095017023011919/0000950170-23-011919-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/355948/000095017023011919/rell-20230405.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T06:06:27.761546+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"62dc5ca97dbdbe9c440d130ea20a01c05e2f03ab","claim":"RICHARDSON ELECTRONICS, LTD. reported the third quarter ended February 25, 2023 results: revenue $70.4 million, net income $6.3 million, EPS $0.44.","evidence_excerpt":"FISCAL 2023; DECLARES QUARTERLY CASH DIVIDEND Green Energy Solutions sales increase 103% over Q3 FY22; total net sales increase 27.2% Third Quarter Highlights • Net sales of $70.4 million were up 27.2% from last year’s third quarter driven by increases in Power and Microwave Technologies (“PMT”), Green Energy Solutions (“GES”) and Canvys business units. • Backlog","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/355948/000095017023011919/0000950170-23-011919-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended February 25, 2023"},{"label":"Revenue","value":"$70.4 million"},{"label":"Net income","value":"$6.3 million"},{"label":"EPS","value":"$0.44"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}