Profile
Sector:
TechnologyIndustry:
Electronic ComponentsCountry:
United StatesIPO:
28 October 1983Website:
http://www.rell.comNext earnings report:
19 July 2024Last dividends:
08 February 2024Next dividends:
N/APrice
after hours | Fri, 05 Jul 2024 20:02:17 GMTAnalysts recommendations
Institutional Ownership
RELL Latest News
Richardson Electronics (RELL) reported quarterly earnings of $0.05 per share, surpassing the Zacks Consensus Estimate of $0.02 per share. This is a decrease from earnings of $0.44 per share in the same quarter last year.
Richardson Electronics, Ltd. (RELL) Q2 2024 Earnings Call Transcript
Richardson Electronics (RELL) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of $0.01. This compares to earnings of $0.39 per share a year ago.
Richardson Electronics, Ltd. (NASDAQ:RELL ) Q1 2024 Earnings Call Transcript October 12, 2023 10:00 AM ET Company Participants Edward Richardson - Chairman of the Board, CEO & President Robert Ben - Chief Financial Officer Greg Peloquin - General Manager, Power & Microwave Technologies Group, Green Energy Solutions Wendy Diddell - Chief Operating Officer and General Manager for Richardson Healthcare Jens Ruppert - General Manager, Canvys Conference Call Participants Anja Soderstrom - Sidoti P.
Richardson Electronics (RELL) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.45 per share a year ago.
Richardson Electronics has potential for long-term growth in its Green Energy Solutions Business, but short-term risks include dependence on the semiconductor market. The company has pursued organic growth strategies and improved its financials, with increased sales and net income. However, challenges include the cyclical nature of the semiconductor market, supply chain disruptions, and the need for skilled engineering talent. Quarterly performance has shown a decline in revenue and net income.
Investors need to pay close attention to Richardson Electronics (RELL) stock based on the movements in the options market lately.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Richardson Electronics, Ltd. (NASDAQ:RELL ) Q4 2023 Results Conference Call July 20, 2023 10:00 AM ET Company Participants Ed Richardson - Chairman of the Board, CEO & President Robert Ben - Chief Financial Officer Wendy Diddell - Chief Operating Officer and General Manager for Richardson Healthcare Greg Peloquin - General Manager, Power & Microwave Technologies Group, Green Energy Solutions Jens Ruppert - General Manager, Canvys Conference Call Participants Michael Hughes - SGF Capital Management Anja Soderstrom - Sidoti Ross Taylor - ARS Investment Partners Barry Mendel - Mendel Money Management Operator Good day, and thank you for standing by.
Richardson Electronics' recent Q4 report arrived with weaker-than-expected sales and earnings. The stock looks cheaply valued by some metrics, but it's hard to tell where the business is heading next.
What type of business is Richardson Electronics?
Richardson Electronics, Ltd. engages in the power and microwave technologies, customized display solutions, and healthcare businesses in North America, the Asia Pacific, Europe, and Latin America. Its Power and Microwave Technologies Group segment provides engineered solutions, power grid and microwave tubes, and related consumables; technical services for microwave and industrial equipment; and power conversion and RF and microwave component for broadcast transmission, CO2 laser cutting, diagnostic imaging, dielectric and induction heating, high energy transfer, high voltage switching, plasma, power conversion, radar, and radiation oncology applications. The company's Canvys segment provides custom display solutions, such as touch screens, protective panels, all-in-one computers, custom enclosures, specialized cabinet finishes, application specific software packages, and certification services to corporate enterprise, financial, healthcare, industrial, and medical original equipment manufacturer markets. Its Healthcare segment manufactures and distributes diagnostic imaging replacement parts for CT and MRI systems; replacement CT and MRI tubes; MRI coils, cold heads, and RF amplifiers; hydrogen thyratrons, klystrons, and magnetrons; flat panel detector upgrades; pre-owned CT systems; and additional replacement solutions, as well as offers CT service training. It serves hospitals, medical centers, asset management companies, independent service organizations, and multi-vendor service providers. The company's products are used to control, switch, or amplify electrical power signals, as well as used as display devices in alternative energy, healthcare, aviation, communications, industrial, marine, medical, military, scientific, and semiconductor markets. The company was founded in 1947 and is headquartered in LaFox, Illinois.
What sector is Richardson Electronics in?
Richardson Electronics is in the Technology sector
What industry is Richardson Electronics in?
Richardson Electronics is in the Electronic Components industry
What country is Richardson Electronics from?
Richardson Electronics is headquartered in United States
When did Richardson Electronics go public?
Richardson Electronics initial public offering (IPO) was on 28 October 1983
What is Richardson Electronics website?
https://www.rell.com
Is Richardson Electronics in the S&P 500?
No, Richardson Electronics is not included in the S&P 500 index
Is Richardson Electronics in the NASDAQ 100?
No, Richardson Electronics is not included in the NASDAQ 100 index
Is Richardson Electronics in the Dow Jones?
No, Richardson Electronics is not included in the Dow Jones index
When does Richardson Electronics report earnings?
The next expected earnings date for Richardson Electronics is 19 July 2024