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Richardson Electronics Q3 2024 Earnings Report

Richardson Electronics logo
$14.01 +0.31 (+2.26%)
(As of 12/20/2024 05:16 PM ET)

Richardson Electronics EPS Results

Actual EPS
$0.02
Consensus EPS
$0.02
Beat/Miss
Met Expectations
One Year Ago EPS
$0.44

Richardson Electronics Revenue Results

Actual Revenue
$52.38 million
Expected Revenue
$56.00 million
Beat/Miss
Missed by -$3.62 million
YoY Revenue Growth
N/A

Richardson Electronics Announcement Details

Quarter
Q3 2024
Time
Q3 2024 Earnings Release

Conference Call Resources

Conference Call Audio

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Richardson Electronics Earnings Headlines

Northland Securities Remains a Buy on Richardson Electronics (RELL)
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About Richardson Electronics

Richardson Electronics (NASDAQ:RELL) engages in the provision of engineered solutions, power grid and microwave tube, and related consumables worldwide. The Power and Microwave Technologies segment manufactures electron tubes and radio frequency (RF), microwave and power components used in semiconductor manufacturing equipment, RF, and wireless and industrial power applications, as well as various applications including broadcast transmission, CO2 laser cutting, diagnostic imaging, dielectric and induction heating, energy transfer, high voltage switching, plasma, power conversion, radar, and radiation oncology. This segment also provides thyratrons and rectifiers, power tubes, ignitrons, magnetrons, phototubes, microwave generators, ultracapacitor modules, and liquid crystal display monitors under the Amperex, Cetron, and National brands. The Green Energy Solutions segment offers design-in support, systems integration, prototype design and manufacturing, testing, logistics and aftermarket, and technical service and repair services for various applications, such as wind, solar, hydrogen, and electric vehicles; and other power management applications that support green solutions including synthetic diamond manufacturing. The Canvys segment provides custom display solutions, which includes touch screens, protective panels, custom enclosures, All-In-One computers, specialized cabinet finishes and application specific software packages, and certification services. The Healthcare segment provides diagnostic imaging replacement parts for CT and MRI systems, replacement CT and MRI tubes, CT service training, MRI and RF amplifiers, hydrogen thyratrons, klystrons, magnetrons, flat panel detector upgrades, pre-owned CT systems, and additional replacement solutions. It serves energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific, and semiconductor markets. The company was founded in 1947 and is headquartered in LaFox, Illinois.

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