Richardson Electronics Earnings Report: Q2 Overview

Richardson Electronics (NASDAQ:RELL) released its Q2 earnings on Tuesday, January 7, 2025 at 04:15 PM.

Here's what's important from the earnings announcement.

Earnings

Richardson Electronics missed estimated earnings by -150.0%, reporting an EPS of $-0.05 versus an estimate of $-0.02.

Revenue was up $5.36 million from the same period last year.

Performance in Previous Earnings

Last quarter the company beat on EPS by $0.05 which was followed by a 3.0% 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.