earnings
confidence high
sentiment negative
materiality 0.75
RELL Q4 sales fall 19.5% to $47.4M, posts operating loss of $0.1M; FY net income $0.1M vs $22.3M
RICHARDSON ELECTRONICS, LTD.
- Q4 sales $47.4M (-19.5% YoY); operating loss $0.1M vs prior-year income $1.4M.
- GAAP diluted EPS -$0.01; non-GAAP diluted EPS $0.02.
- FY2024 sales $196.5M (-25.2%); net income $0.1M vs $22.3M; EPS $0.00 vs $1.55.
- Cash $24.3M, no debt; declared quarterly dividend $0.06/share.
- Management expects year-over-year sales growth and higher profitability in FY2025.