Richardson Electronics gains after reporting higher quarterly revenue

Richardson Electronics

09/04/2026 12:11

** Shares of engineered solutions provider Richardson Electronics RELL.O rise 14% to $13.46 premarket

** RELL reports Q3 revenue of $55.5 mln, rising from $53.8 mln a year prior

** Revenue growth due to higher sales in PMT segment, RELL says

** Reports Q3 adj. EPS of 7 cents, falling from 11 cents a year ago

** Total backlog stands at $151.2 mln, up 11.4% from previous quarter and standing at highest level in nearly three years

** As of last close, RELL shares up more than 8% YTD

(Reporting by Shashwat Chauhan in Bengaluru4)

((Shashwat.Chauhan@thomsonreuters.com))