secwatch.observer — SEC 8-K summary
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Issuer:     RICHARDSON ELECTRONICS, LTD. (RELL)
CIK:        0000355948
Form:       8-K
Filed at:   2022-07-20T23:59:59+00:00
Accession:  0001564590-22-026045
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Richardson Electronics Q4 net sales $61.6M up 22%; FY net income $17.9M; declares $0.06 dividend
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- Q4 net sales $61.6M (+22.1% YoY); diluted EPS $0.59 (adjusted $0.31 excluding tax benefit).
- Full-year net sales $224.6M (+26.9%); net income $17.9M (adj. $13.9M); diluted EPS $1.31 (adj. $1.02).
- Backlog reached $206.2M, up from $175.6M Q3 and $110.0M year ago.
- Gross margin Q4 32.7% vs 32.4% prior year; full-year 31.9% vs 33.2%.
- Declared $0.06 quarterly dividend payable Aug 24 to holders of record Aug 5.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/355948/000156459022026045/0001564590-22-026045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/355948/000156459022026045/rell-8k_20220720.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-026045

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