secwatch.observer — SEC 8-K summary
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Issuer:     RICHARDSON ELECTRONICS, LTD. (RELL)
CIK:        0000355948
Form:       8-K
Filed at:   2022-01-05T23:59:59+00:00
Accession:  0001564590-22-000422
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Richardson Electronics Q2 revenue $54.0M, net income $4.1M, EPS $0.30; declares $0.06 dividend
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- Net sales increased 27.3% YoY to $54.0M; diluted EPS rose to $0.30 from $0.05.
- Operating income improved to $4.5M from $0.9M; gross margin decreased to 32.7% from 33.8%.
- Backlog grew to $146.9M from $126.5M sequentially; cash & investments $39.7M.
- Quarterly cash dividend of $0.06 per common share payable Feb 23, 2022, record Feb 4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/355948/000156459022000422/0001564590-22-000422-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/355948/000156459022000422/rell-8k_20220105.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-000422

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