Brief: Richardson Electronics Reports 16.9% Revenue Growth And A 56.6% Increase In Operating Income For Fiscal 2023
July 19 (Reuters) - Richardson Electronics Ltd RELL.O :
* RICHARDSON ELECTRONICS REPORTS 16.9% REVENUE GROWTH AND A
56.6%
INCREASE IN OPERATING INCOME FOR FISCAL 2023; DECLARES QUARTERLY
CASH DIVIDEND
* RICHARDSON ELECTRONICS LTD - QTRLY NET SALES OF $58.8
MILLION
WERE DOWN 4.5% FROM LAST YEAR'S Q4
* RICHARDSON ELECTRONICS LTD - QTRLY EARNINGS PER COMMON
SHARE
(DILUTED) WERE $0.27 AND NON-GAAP EARNINGS PER COMMON SHARE
(DILUTED) WERE $0.11
Source text for Eikon: ID:nGNX3bMgSK
Further company coverage: RELL.O
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Richardson Electronics
See all newsBrief: Richardson Electronics Announces Technology Partnership With Gotion To Deliver U.S.-Manufactured Battery Energy Storage Systems
Brief: Richardson Electronics Expands LaserSlat Saver To Brazil
U.S. STOCKS ON THE MOVE-Amazon, Northrop Grumman, Brown-Forman
U.S. STOCKS ON THE MOVE-Zscaler, Carlyle, Weight Watchers
U.S. STOCKS ON THE MOVE-Marvell Technology, Tempus AI, Energy Vault