secwatch.observer — SEC 8-K summary
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Issuer:     RICHARDSON ELECTRONICS, LTD. (RELL)
CIK:        0000355948
Form:       8-K
Filed at:   2022-06-06T23:59:59+00:00
Accession:  0001564590-22-022585
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Richardson Electronics reports preliminary Q4 net sales $60.5-$62.5M, up ~20-24% YoY; backlog hits $206.2M
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- Preliminary Q4 FY2022 net sales expected $60.5M-$62.5M, up 19.9%-23.8% vs Q4 FY2021.
- Full-year FY2022 net sales expected $222M-$226M, up 25.5%-27.7% from FY2021.
- Total backlog increased to $206.2M from $175.6M at Q3 end and $110.0M a year ago.
- CEO highlights eight consecutive quarters of sequential sales growth; Canvys had record Q4 sales.
- Full Q4 and FY2022 results to be released on July 20, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/355948/000156459022022585/0001564590-22-022585-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/355948/000156459022022585/rell-8k_20220606.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-022585

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