Richardson Electronics Q4 net sales up 27.6% to $66.2M; net income $3.7M; declares $0.06 dividend

RICHARDSON ELECTRONICS, LTD.

Q4 net sales $66.2M (+27.6% YoY); GAAP net income $3.7M ($0.25 diluted EPS) vs $1.1M ($0.08) last year.
Backlog $164.4M, highest in 3 years, up 8.7% from Q3; all three business units grew: PMT +28.1%, GES +20.4%, Canvys +29.5%.
Fiscal 2026 net sales $228.6M (+9.4% YoY); GAAP net income $6.4M ($0.44 diluted EPS) vs net loss of $1.1M in FY2025.
Board declared $0.06 per share quarterly cash dividend; no outstanding debt on revolving credit line; cash $31.8M.
Gross margin 31.2% (Q4) vs 31.6% prior year; operating expenses improved to 26.6% of sales from 30.0%.

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