Richardson Electronics Reports First Quarter Results; Declares Quarterly Cash Dividend
Richardson Electronics, Ltd. (RELL)
US:NASDAQ Investor Relations:
rell.com/investor-relations
Company Research
Source: GlobeNewswire
Q1 FY25 net sales increase 2.2% YoY, the first quarterly YoY increase since Q3 FY23 Richardson Electronics ended Q1 with positive operating cash flow for the second consecutive quarter, $23.0 million in cash and cash equivalents and no debt Management expects YoY sales growth and higher profitability for FY25 LAFOX, Ill., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL) today reported financial results for its first quarter ended August 31, 2024. The Company also announced that its Board of Directors declared a $0.06 per share quarterly cash dividend. “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. "For the first quarter of fiscal 2025, new program wins, combined with improving demand trends for legacy programs, drove an 84%, or $3.7 million year-over-year increase in
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- 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