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Stock impact report

Richardson Electronics Ltd (RELL) Q2 2026 Earnings Call Highlights: Sustained Growth Amidst ... [Yahoo! Finance]

Richardson Electronics, Ltd. (RELL) 
US:NASDAQ Investor Relations: rell.com/investor-relations
Company Research Source: Yahoo! Finance
Richardson Electronics Ltd ( NASDAQ:RELL ) achieved six consecutive quarters of year-over-year growth, highlighting the success of their multi-year strategy. Total sales increased to $52.3 million, up from $49.5 million in the previous year, driven by growth in green energy and canvas businesses. Operating income improved significantly to $132,000 from a loss of $667,000 in the previous year. The Green Energy Solutions (GES) business unit saw a 39% increase in sales, driven by power management products and expanded customer base. Canvas revenue increased by 28% due to improved demand from medical OEMs, reflecting strong performance in the medical market. The Power and Microwave Technologies (PMT) segment experienced a 4% decrease in sales compared to the previous year, indicating challenges in the electron device MRO business. Consolidated gross margin slightly decreased to 30.8% from 31.0% in the previous year, primarily due to lower margins in PMT and GES. The healthc Show less Read more
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