Richardson Electronics Q3 FY26 net income swings to $0.9 million; net sales rise 3.1% to $55.5 million
Richardson Electronics, Ltd.
Richardson Electronics, Ltd. RELL | 0.00 |
- Richardson Electronics posted fiscal Q3 net income of $0.9 million, or $0.07 per diluted share, swinging from a year-ago loss.
- Net sales rose 3.1% to $55.5 million, driven by higher PMT sales on strength in semiconductor wafer fab and RF and microwave products.
- Operating income totaled $1.5 million, versus an operating loss a year earlier.
- Backlog climbed 11.4% to $151.2 million from fiscal Q2, reaching highest level in nearly three years.
- Board declared quarterly cash dividend of $0.06 per common share, payable May 27, 2026, as management cited a strengthened pipeline and improving order trends supporting future growth outlook.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Richardson Electronics Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202604081615PRIMZONEFULLFEED9686300) on April 08, 2026, and is solely responsible for the information contained therein.
