Richardson Electronics Q4 GAAP net income more than doubled to $3.7 million; net sales rise 27.6% to $66.2 million

Reuters2026/07/22 20:28

By:Reuters

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Richardson Electronics fiscal Q4 net sales rose 27.6% to USD 66.2 million, with GAAP net income more than doubled to USD 3.7 million.
GAAP diluted EPS climbed to USD 0.25; gross margin narrowed 0.4 percentage point to 31.2%.
Fiscal 2026 net sales increased 9.4% to USD 228.6 million, while GAAP net income swung to profit of USD 6.4 million.
Backlog increased 8.7% from the prior quarter to USD 164.4 million, the highest level in three years.
Board declared a quarterly cash dividend of USD 0.06 per common share, payable Aug. 26 to holders of record Aug. 7.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Richardson Electronics Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607221615PRIMZONEFULLFEED9766597) on July 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Richardson Electronics Q4 GAAP net income more than doubled to $3.7 million; net sales rise 27.6% to $66.2 million

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