---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-033532"
form_type: "8-K"
ticker: "RELL"
cik: "0000355948"
company_name: "RICHARDSON ELECTRONICS, LTD."
filed_at: "2023-07-19T23:59:59+00:00"
generated_at: "2026-06-13T06:36:32.054631+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.68
calibrated_materiality_score: 0.68
confidence: "high"
source: SEC EDGAR
---

# Richardson Electronics FY23 revenue up 16.9% to $262.7M; Q4 EPS $0.27; declares $0.06 dividend

## Summary
- FY23 net sales $262.7M (+16.9% YoY); operating income $25.0M (+56.6%); diluted EPS $1.55 (GAAP), $1.39 non-GAAP.
- Q4 net sales $58.8M (-4.5% YoY); operating income $1.4M vs $5.0M prior year; diluted EPS $0.27 (GAAP), $0.11 non-GAAP.
- Green Energy Solutions net sales rose 61.7% in Q4 and 110.5% for FY; PMT sales fell 20.8% in Q4 on semiconductor fab weakness.
- Backlog $160.4M at Q4 end vs $175.1M at Q3 end; GES growth expected to offset semi fab headwinds in FY24.
- Quarterly cash dividend of $0.06 per share declared; payable Aug 24, 2023 to holders of record Aug 10, 2023.

## SEC filing metadata
- accession: 0000950170-23-033532
- form_type: 8-K
- ticker: RELL
- cik: 0000355948
- company_name: RICHARDSON ELECTRONICS, LTD.
- filed_at: 2023-07-19T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.68
- calibrated_materiality_score: 0.68
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/355948/000095017023033532/0000950170-23-033532-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/355948/000095017023033532/rell-20230719.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-033532
- JSON: https://secwatch.observer/filing/0000950170-23-033532.json
- Plain text: https://secwatch.observer/filing/0000950170-23-033532.txt

## Key facts
- Earnings Releases
  RICHARDSON ELECTRONICS, LTD. reported financial results for the fourth quarter and year ended May 27, 2023.
  - Period: the fourth quarter and year ended May 27, 2023
  - Result: reported results
  source text: On July 19, 2023, Richardson Electronics, Ltd. (the “Company”) issued a press release announcing earnings results for the fourth quarter and year ended May 27, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/355948/000095017023033532/0000950170-23-033532-index.htm

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