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Richardson Electronics Ltd   (RELL)
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Richardson Electronics Ltd

RELL's Financial Statements and Analysis



Richardson Electronics Ltd reported in the first quarter of 2024 net earnings per share of $0.09 a decrease by -80 % year on year from $0.45 and decline of -71 % from $0.31 earned in IV. Quarter (May 27 2023).


first quarter of 2024
Earnings Per Share Revenues
$ 0.09 $  52 Mill
$-0.36     -80 % $-15M     -22.64 %



Richardson Electronics Ltd 's Revenue fell by -22.64 % in first quarter of 2024 (Sep 02 2023) year on year, to $52 million and declined by -11.16 % sequentially.


Richardson Electronics Ltd is

More on RELL's Income Statement



Richardson Electronics Ltd 's net income of $1.227 million in the first quarter of 2024 decreased by -80.6 % from net earnings of $6.324 million achieved in I. Quarter a year ago.

Sequentially net earnings fell by -70.22 % from net income of $4.120 million realized in previous quarter.

More on RELL's Growth

Richardson Electronics Ltd Inventories
Inventories grew by 27.52 % to $114 million from I. Quarter a year ago, sequentially inventories rose by 2.89 %. In Sep 02 2023 company's net cash and cash equivalents decreased by $-1 million, capital expenditures grew by -1.442-20.87%, to $-1 millions compare to same quarter a year ago

More on RELL's Cash flow Statement


Richardson Electronics Ltd payed out dividend of $0.24 per share in last 52 weeks representing 19.51 % of net earning per share in trailing twelve-month period.

During the same period Richardson Electronics Ltd payed $ -0.32 cash per share, on a free-cash flow basis .

Book value grew by 15.65 % sequentially to $12.79 per share, 112.25% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 12.64 per share from $ 10.93.

Company repurchased 1.87 million shares or 12.97 % in Sep 02 2023.


More on RELL's Dividends

 Market Capitalization (Millions) 144
 Shares Outstanding (Millions) 13
 Total Debt (Millions $) -
 Revenue (TTM) (Millions $) 247
 Net Income (TTM) (Millions $) 17
 Cash Flow (TTM) (Millions $) -7
 Capital Exp. (TTM) (Millions $) -7
 Dividend TTM ($) 0.24 $
 Dividend Yield TTM (%) 2.08 %
 Employees (TTM) $ 373




Richardson Electronics Ltd payed out dividend of $0.24 per share in the last 52 weeks representing 19.51 % of net earning per share in trailing twelve-month period.

During the same period Richardson Electronics Ltd had negative $ -0.32 cash flow per share, on a free-cash flow basis .

Book value grew by 15.65 % sequentially to $12.79 per share, 112.25% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 12.64 per share from $ 10.93.

Company repurchased 1.87 million shares or 12.97 % in Sep 02 2023.


More on RELL's Balance Sheets

 Market Capitalization (Millions) 144
 Shares Outstanding (Millions) 13
 Total Debt (Millions $) -
 Revenue (TTM) (Millions $) 247
 Net Income (TTM) (Millions $) 17
 Cash Flow (TTM) (Millions $) -7
 Capital Exp. (TTM) (Millions $) -7
 Dividend TTM ($) 0.24 $
 Dividend Yield TTM (%) 2.08 %
 Employees (TTM) $ 373
   


  News about Richardson Electronics Ltd Earnings

Richardson Electronics Ltd's Revenue Plunges by 22.6% in Q3 2023, Raises Concerns for the Future

Revenue Demise Hits Richardson Electronics Ltd. Earnings, Shares Decline by 5.49%
Richardson Electronics Ltd faced a significant decline in revenue for the July to September 02, 2023 time-frame. The revenue dropped by 22.637% to $52.26 million compared to $67.56 million the previous year. This plunge in revenue had a notable impact on the company's earnings, which deteriorated by a staggering 80%.
The earnings per share (EPS) also suffered, with a decrease from $0.45 per share in the preceding year to $0.09 per share in this fiscal quarter. Additionally, the Q4 revenue deteriorated by 11.164% from $58.83 million, and the EPS dropped by 71% from $0.31 per share. The bottom-line fell by 80.6% to $1.227...

Richardson Electronics Ltd Reports Increment in Earnings Assisted by $2.58 Million Tax Provisions Despite Significant Drop in EPS and Revenue



Richardson Electronics Ltd, a leading Electronic Parts and Equipment company, has recently released its financial results for the fiscal period closing on May 27, 2023. The company has witnessed a decline in various key financial indicators, raising concerns about its future performance. This article explores the impact of these results on Richardson Electronics Ltd and discusses the potential implications for the company going forward.
1. Declining Earnings and Income:
During the fiscal period closing May 27, 2023, Richardson Electronics Ltd experienced a significant decrease in earnings per share (EPS), plummeting by -54.63% to $0.31 per share compared to $0.68 per share from the previous...