SAN DIEGO--(BUSINESS WIRE)--DirectMed Imaging, a leading supplier of aftermarket medical imaging parts, systems, and training, today announces the acquisition of Richardson Healthcare's Fort Mill, SC operation. Richardson Healthcare is a division of Richardson Electronics (NASDAQ: RELL). DirectMed's acquisition expands its Canon/Toshiba MRI and CT parts expertise and inventory breadth. The purchase also allows DirectMed to enter the Canon/Toshiba CT training market for engineers and biomedical.
Richardson Electronics, Ltd. (NASDAQ:RELL ) Q2 2025 Earnings Conference Call January 8, 2025 10:00 AM ET Company Participants Ed Richardson - CEO Robert Ben - CFO Greg Peloquin - GM, Power & Microwave Technologies Group, Green Energy Solutions Wendy Diddell - COO & GM for Richardson Healthcare Jens Ruppert - GM, Canvys Conference Call Participants Anja Soderstrom - Sidoti Bobby Brooks - Northland Capital Markets Brett Davidson - Investletter Ross Taylor - ARS Investment Partners Andrew Rem - Odinson Partners Operator Good day, and thank you for standing by.
Richardson Electronics (RELL) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to loss of $0.13 per share a year ago.
Q2 FY25 net sales increased 12.1% YoY, the second consecutive quarterly YoY increase Green Energy Solutions (GES) net sales increased 129% from Q2 FY24 Richardson Electronics ended Q2 with positive operating cash flow for the third consecutive quarter, $26.6 million in cash and cash equivalents and no debt Management expects YoY sales growth and higher profitability for FY25 LAFOX, Ill., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd.
Richardson Electronics, a 78-year-old engineering firm, has found growth in its battery solutions for the global wind turbine market. The global wind energy market is projected to grow at a CAGR of 10.6% until 2030, boosting demand for Richardson's solutions. Despite green energy being a small revenue segment, investors may consider a bullish stance due to high demand and new large customers.
LAFOX, Ill., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL) plans to release its financial results for its second quarter ended November 30, 2024 after the close of business on Tuesday, January 7, 2025. The release will be distributed by GlobeNewswire and will be available on the Company's website at www.rell.com.
Presentation on Thursday, November 14 at 10:45 A.M. ET / 9:45 A.M. CT Presentation on Thursday, November 14 at 10:45 A.M. ET / 9:45 A.M. CT
Richardson Electronics, Ltd. (NASDAQ:RELL ) Q1 2025 Earnings Call Transcript October 10, 2024 10:00 AM ET Company Participants Ed Richardson - CEO Bob Ben - CFO Greg Peloquin - GM, Power & Microwave Technologies Group, Green Energy Solutions Wendy Diddell - COO & GM for Richardson Healthcare Jens Ruppert - GM, Canvys Conference Call Participants Bobby Brooks - Northland Anja Soderstrom - Sidoti Andrew Rem - Odinson Partners Ross Taylor - ARS Investment Partners Operator Good day, and thank you for standing by.
Richardson Electronics (RELL) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to earnings of $0.09 per share a year ago.
Richardson Electronics Ltd (RELL, Financial) released its 8-K filing on October 9, 2024, reporting financial results for the first quarter ended August 31, 2024. The company, known for providing engineered solutions and components across various industries, reported a 2.2% year-over-year increase in net sales, marking the first quarterly increase since Q3 FY23.