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Richardson Electronics: Fiscal Q4 Earnings Snapshot

Richardson Electronics: Fiscal Q4 Earnings Snapshot

By AP News
Published - Jul 19, 2023, 04:39 PM ET
Last Updated - Jul 19, 2023, 04:39 PM EDT

LAFOX, Ill. (AP) — LAFOX, Ill. (AP) — Richardson Electronics Ltd. (RELL) on Wednesday reported profit of $4.1 million in its fiscal fourth quarter.

On a per-share basis, the Lafox, Illinois-based company said it had net income of 27 cents. Earnings, adjusted for pretax gains, were 11 cents per share.

The electronic components and communication products company posted revenue of $58.8 million in the period.

For the year, the company reported profit of $22.3 million, or $1.55 per share. Revenue was reported as $262.7 million.

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