earnings
confidence high
sentiment positive
materiality 0.60
Richardson Electronics Q3: net income $0.9M ($0.07 EPS), sales +3.1% YoY, backlog +11.4%, $0.06 dividend
RICHARDSON ELECTRONICS, LTD.
- Net sales $55.5M (+3.1% YoY); PMT sales up 9.7% YoY, excluding Healthcare +14.5%.
- Diluted EPS $0.07 vs net loss per share $0.15 in prior year Q3.
- Backlog grew to $151.2M, up 11.4% from Q2 FY26, highest in nearly three years.
- Gross margin improved to 31.9% from 31.0% YoY; operating income $1.5M vs operating loss $2.7M.
- Declared quarterly cash dividend of $0.06 per share.