Reflecting On Specialty Equipment Distributors Stocks' Q2 Earnings: Richardson Electronics (NASDAQ:RELL) [Yahoo! Finance]
Richardson Electronics, Ltd. (RELL)
US:NASDAQ Investor Relations:
rell.com/investor-relations
Company Research
Source: Yahoo! Finance
Historically, specialty equipment distributors have boasted deep selection and expertise in sometimes narrow areas like single-use packaging or unique lighting equipment. Additionally, the industry has evolved to include more automated industrial equipment and machinery over the last decade, driving efficiencies and enabling valuable data collection. Specialty equipment distributors whose offerings keep up with these trends can take share in a still-fragmented market, but like the broader industrials sector, this space is at the whim of economic cycles that impact the capital spending and manufacturing propelling industry volumes. The 10 specialty equipment distributors stocks we track reported a softer Q2. As a group, revenues missed analysts' consensus estimates by 1.7%. After much suspense, the Federal Reserve cut its policy rate by 50bps (half a percent) in September 2024. This marks the central bank's first easing of monetary policy since 2020 and the end of its most pointed
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RELL
News
- Navitas and Richardson Electronics, Ltd. Expand Technology Partnership to EMEA for Next-Gen Silicon Carbide Power DevicesGlobeNewswire
- Richardson Electronics to Attend the Sidoti Micro-Cap Virtual ConferenceGlobeNewswire
- Don't Buy Richardson Electronics, Ltd. (NASDAQ:RELL) For Its Next Dividend Without Doing These Checks [Yahoo! Finance]Yahoo! Finance
- Richardson Electronics Getting Ready To Rumble [Seeking Alpha]Seeking Alpha
- Richardson Electronics (NASDAQ:RELL) Has Announced A Dividend Of $0.06 [Yahoo! Finance]Yahoo! Finance
RELL
Earnings
- 10/9/24 - Beat
RELL
Sec Filings
- 11/6/24 - Form 144
- 10/31/24 - Form 4
- 10/18/24 - Form 4
- RELL's page on the SEC website