Richardson Electronic Shares Rise After 4Q Revenue, Profit Increase

Dow Jones

Jul 23

Shares of Richardson Electronic rose after revenue and profit increased in its fourth quarter.

The stock was up 23% at $22.08 in recent trading, and has more than doubled since the start of the year.

The power grid and microwave tube manufacturer reported net income of $3.7 million, or 25 cents a share, compared with $1.1 million, or 8 cents a share, a year earlier.

Adjusted earnings per share were 21 cents a share.

Revenue rose nearly 28% to $66.2 million, driven by strong growth in semiconductor wafer fabrication and radio frequency and microwave products.

Backlog grew 8.7% to $164.4 million, helped by an increase in power and microwave technologies.

Chief Executive Edward Richardson said the company has seen growth in green energy solutions. Canvys, its segment that specializes in visual technology solutions, also had a record quarter. He added that while the broader economic environment remains fluid, the company was well-positioned to build on its progress.

Write to Grace Yoon at grace.yoon@wsj.com

(END) Dow Jones Newswires

July 23, 2026 11:01 ET (15:01 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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Canvys, its segment that specializes in visual technology solutions, also had a record quarter. He added that while the broader economic environment remains fluid, the company was well-positioned to build on its progress. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Grace Yoon at grace.yoon@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 23, 2026 11:01 ET (15:01 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RELL","symbol_name":"理查森电子","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2653729744","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2653729744","pubTimestamp":1784818860,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of Richardson Electronic rose after revenue and profit increased in its fourth quarter.The stock was up 23% at $22.08 in recent trading, and has more than doubled since the start of the year.The power grid and microwave tube manufacturer reported net income of $3.7 million, or 25 cents a share, compared with $1.1 million, or 8 cents a share, a year earlier.Adjusted earnings per share were 21 cents a share.Revenue rose nearly 28% to $66.2 million, driven by strong growth in semiconductor wafer fabrication and radio frequency and microwave products.Backlog grew 8.7% to $164.4 million, helped by an increase in power and microwave technologies.Chief Executive Edward Richardson said the company has seen growth in green energy solutions. 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He added that while the broader economic environment remains fluid, the company was well-positioned to build on its progress.Write to Grace Yoon at grace.y","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"RELL":"理查森电子","BK4140":"技术产品经销商"},"translate_title":"理查森电子第四季度收入和利润增长后股价上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RELL":0.9},"content_text":"Shares of Richardson Electronic rose after revenue and profit increased in its fourth quarter. \n\n\n  The stock was up 23% at $22.08 in recent trading, and has more than doubled since the start of the year. \n\n\n  The power grid and microwave tube manufacturer reported net income of $3.7 million, or 25 cents a share, compared with $1.1 million, or 8 cents a share, a year earlier. \n\n\n  Adjusted earnings per share were 21 cents a share. \n\n\n  Revenue rose nearly 28% to $66.2 million, driven by strong growth in semiconductor wafer fabrication and radio frequency and microwave products. \n\n\n  Backlog grew 8.7% to $164.4 million, helped by an increase in power and microwave technologies. \n\n\n  Chief Executive Edward Richardson said the company has seen growth in green energy solutions. Canvys, its segment that specializes in visual technology solutions, also had a record quarter. He added that while the broader economic environment remains fluid, the company was well-positioned to build on its progress. \n\n\n \n\n\n  Write to Grace Yoon at grace.yoon@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 23, 2026 11:01 ET (15:01 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}