secwatch.observer — SEC 8-K summary
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Issuer:     RICHARDSON ELECTRONICS, LTD. (RELL)
CIK:        0000355948
Form:       8-K
Filed at:   2025-04-09T23:59:59+00:00
Accession:  0000950170-25-052540
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Richardson Electronics Q3 net loss $2.1M; non-GAAP EPS $0.11; cash $36.7M
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- Net loss $2.1M (diluted EPS -$0.15) vs net income $0.8M ($0.05) in Q3 FY24; non-GAAP net income $1.6M ($0.11).
- Net sales $53.8M, up 2.7% YoY; gross margin 31.0% vs 29.5%.
- Semiconductor wafer fab sales surged 139%; Canvys up 39.5%; Healthcare down 32.3% on asset sale.
- Sold majority of Healthcare assets to DirectMed Imaging on Jan 24; recorded $4.9M loss on disposal.
- Board declared $0.06 per share quarterly cash dividend; cash $36.7M, no debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/355948/000095017025052540/0000950170-25-052540-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/355948/000095017025052540/rell-20250409.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-052540

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer