Richardson Electronics: Fiscal 2Q Earnings Snapshot

January 9, 2019

LAFOX, Ill. (AP) _ Richardson Electronics Ltd. (RELL) on Wednesday reported a fiscal second-quarter loss of $304,000, after reporting a profit in the same period a year earlier.

The Lafox, Illinois-based company said it had a loss of 2 cents per share. Earnings, adjusted for non-recurring costs, came to 3 cents per share.

The electronic components and communication products company posted revenue of $41.3 million in the period.

Richardson Electronics shares have fallen roughly 4 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $8.35, a rise of 20 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RELL at https://www.zacks.com/ap/RELL

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