Richardson Electronics: Q2 Earnings Insights

Richardson Electronics RELL reported its Q2 earnings results on Wednesday, January 10, 2024 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Richardson Electronics missed estimated earnings by 1400.0%, reporting an EPS of $-0.13 versus an estimate of $0.01.

Revenue was down $21.77 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06 which was followed by a 6.0% drop in the share price the next day.

Here's a look at Richardson Electronics's past performance:

To track all earnings releases for Richardson Electronics visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.