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Richardson Electronics, Ltd. (RELL)

  • Oct. 6, 2011, 2:33 PM
    Electronic component maker Richardson Electronics (RELL -5.1%) sells off after reporting FQ1 results. While revenue of $41.5M (+11% Y/Y) met Street forecasts, EPS (from continuing operations) of $0.06 missed by $0.03. The company's FQ2 and FY12 revenue guidance ranges are in-line with consensus.
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Company Description
Richardson Electronics is a provider of engineered solutions, power grid and microwave tubes and related components, and customized display solutions.
Sector: Services
Country: United States