---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-013701"
form_type: "8-K"
ticker: "RELL"
cik: "0000355948"
company_name: "RICHARDSON ELECTRONICS, LTD."
filed_at: "2022-04-06T23:59:59+00:00"
generated_at: "2026-06-26T09:14:14.595862+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Richardson Electronics Q3 net income surges to $2.9M; EPS $0.21 vs $0.02; declares $0.06 dividend

## Summary
- Net sales up 22.3% YoY to $55.3M; all three business units (PMT, Canvys, Healthcare) grew.
- Backlog rose to $175.6M from $146.9M Q2 and $98.7M a year ago; seventh straight quarter of sequential revenue growth.
- Diluted EPS of $0.21 vs $0.02 in prior year; operating income improved to $3.6M from $0.3M.
- Dividend of $0.06 per common share declared, payable May 25, 2022 to holders of record May 6, 2022.
- Gross margin declined to 31.8% from 34.9% due to product mix and higher freight costs.

## SEC filing metadata
- accession: 0001564590-22-013701
- form_type: 8-K
- ticker: RELL
- cik: 0000355948
- company_name: RICHARDSON ELECTRONICS, LTD.
- filed_at: 2022-04-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/355948/000156459022013701/0001564590-22-013701-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/355948/000156459022013701/rell-8k_20220406.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-013701
- JSON: https://secwatch.observer/filing/0001564590-22-013701.json
- Plain text: https://secwatch.observer/filing/0001564590-22-013701.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
