Your email has been successfully added to our mailing list.

×
0 0 0.00797872340425527 0.00797872340425527 0.00797872340425527 0.00797872340425527 0.00797872340425527 0.00797872340425527
Stock impact report

Richardson Electronics Reports Third Quarter Fiscal 2020 Operating Profit and Declares Quarterly Cash Dividend

Richardson Electronics, Ltd. (RELL) 
US:NASDAQ Investor Relations: rell.com/investor-relations
Company Research Source: GlobeNewswire
Canvys, PMG and CT Tube Revenues Grow Versus Q3 FY19 Q3 FY20 Highlights Net sales of $38.2 million were down 2.0% from last year’s third quarter, primarily a result of lower sales in PMT from softness in the power grid tube business and the effect of the coronavirus on our China shipments. In addition, Healthcare sales were down overall due to continued lower equipment sales in Latin America.Sales increased for PMG and Semiconductor Wafer Fabrication equipment products. Canvys sales increased by 3.5% and Healthcare CT tube revenues were up by 134.7%.Gross margin increased to 33.1% of net sales versus 31.5% of net sales for the prior year’s third quarter due to product mix and manufacturing efficiencies.Operating expenses decreased $0.4 million to $12.7 million compared to prior year.Operating income was $11,000 compared to an operating loss of $0.8 million in last year’s third quarter.Cash and investments were $43.9 million at February 29, 2020 versus $46.1 million at the end of the Show less Read more
Impact Snapshot
Event Time:
RELL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for RELL alerts
Opt-in for
RELL alerts

from News Quantified
Opt-in for
RELL alerts

from News Quantified