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Stock impact report

Richardson Electronics (NASDAQ:RELL) Delivers Strong Q3 Numbers [Yahoo! Finance]

Richardson Electronics, Ltd. (RELL) 
US:NASDAQ Investor Relations: rell.com/investor-relations
Company Research Source: Yahoo! Finance
Is now the time to buy Richardson Electronics? Find out in our full research report Richardson Electronics (RELL) Q3 CY2024 Highlights: Revenue: $53.73 million vs analyst estimates of $49.45 million (8.7% beat) EPS: $0.04 vs analyst estimates of -$0.01 ($0.05 beat) Gross Margin (GAAP): 30.6%, down from 32.8% in the same quarter last year EBITDA Margin: 3.1%, down from 5.6% in the same quarter last year Free Cash Flow was -$514,000 compared to -$126,000 in the same quarter last year Backlog: $137.4 million at quarter end Market Capitalization: $179.5 million “Our first quarter results are encouraging and benefited from the strategies underway to drive sales growth, improve profitability, and generate positive operating cash flow,” said Edward J. Richardson, Chairman, CEO, and President. Company Overview Founded in 1947, Richardson Electronics (NASDAQ:RELL) is a distributor of power grid and microwave tubes as well as consumables related to those products. Speci Show less Read more
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