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Richardson Electronics Ltd - $RELL STOCK NEWS

Welcome to our dedicated page for Richardson Electronics news (Ticker: $RELL), a resource for investors and traders seeking the latest updates and insights on Richardson Electronics stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Richardson Electronics's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Richardson Electronics's position in the market.

Rhea-AI Summary
Richardson Electronics reports Q1 2024 financial results with net sales of $52.6 million, down 22.2% YoY. Gross margin was 32.8% of net sales. Operating income was $1.5 million, compared to $8.8 million in Q1 2023. Earnings per common share (diluted) were $0.09, down from $0.45 in Q1 2023. The Company's balance sheet remains strong with no debt outstanding, and cash and investments of $24.1 million as of September 2, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6%
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dividends earnings
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Rhea-AI Summary
Richardson Electronics, Ltd. (NASDAQ: RELL) will release its financial results for the first quarter ended September 2, 2023 on October 11, 2023. A conference call to discuss the results will be held on October 12, 2023, at 9:00 a.m. Central Time, hosted by Edward J. Richardson, Chairman and CEO, and Robert J. Ben, CFO.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.2%
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Rhea-AI Summary
Richardson Electronics announces issuance of U.S. Patent No. 11,764,002 for ultracapacitor-based energy storage solutions, enhancing growth opportunities within the Green Energy Solutions business segment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.91%
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none
Rhea-AI Summary
Richardson Electronics to present at LD Micro Invitational XVI on October 3rd, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.93%
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conferences
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Rhea-AI Summary
Richardson Electronics introduces new lineup of push-fit nozzles, F-Style nozzles with chrome plated tip, bellows with laminated covers, and protective windows for fiber lasers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.15%
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none
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Rhea-AI Summary
Richardson Electronics, Ltd. (NASDAQ: RELL) will present at the Midwest IDEAS Investor Conference on August 23, 2023. The presentation will be webcast and can be accessed through the conference host's website and the company's investor relations section.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.42%
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conferences
Rhea-AI Summary
Richardson Electronics, Ltd. (NASDAQ: RELL) announces completion of upgrades to its LaFox, IL Headquarters, adding 16,000 sq ft of manufacturing space for Green Energy Solutions. Sales from this segment increased 110.5% from $22.6 million in FY22 to $47.6 million in FY23. An open house and presentation for investors is planned for August 22, 2023.
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Rhea-AI Sentiment
End-of-Day
1.12%
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none
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Rhea-AI Sentiment
End-of-Day
-11.83%
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dividends earnings
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.79%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.91%
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conferences
Richardson Electronics Ltd

Nasdaq:RELL

RELL Rankings

RELL Stock Data

153.64M
11.83M
3.21%
68.93%
5.14%
Business to Business Electronic Markets
Wholesale Trade
Link
United States of America
LAFOX

About RELL

richardson electronics, ltd. is a leading global provider of engineered solutions, power grid and microwave tubes and related consumables; high value displays, flat panel solutions and replacement parts for diagnostic imaging equipment; and customized display solutions. we serve customers in the alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific and semiconductor markets. the company’s strategy is to provide specialized technical expertise and “engineered solutions” based on our core engineering and manufacturing capabilities. the company provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair through its global infrastructure. more information is available online at www.rell.com. richardson electronics common stock trades on the nasdaq global select market under the ticker symbol rell. •we des