financetom
Business
financetom
/
Business
/
Richardson Electronics Fiscal Q2 Loss Narrows, Sales Rise; Maintains Quarterly Dividend
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Richardson Electronics Fiscal Q2 Loss Narrows, Sales Rise; Maintains Quarterly Dividend
Jan 7, 2025 2:07 PM

04:48 PM EST, 01/07/2025 (MT Newswires) -- Richardson Electronics ( RELL ) reported a fiscal Q2 loss of $0.05 per diluted share, narrower than a loss of $0.13 a year earlier.

One analyst polled by FactSet expected a loss of $0.07.

Net sales for the quarter ended Nov. 30 was $49.5 million, up from $44.1 million a year earlier.

Two analysts polled by FactSet expected $51.3 million.

The electronics manufacturer said its board maintained a quarterly dividend of $0.06 per share, payable on Feb. 26 to shareholders of record on Feb. 7.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
UPS Q2 Earnings: Revenue And EPS Miss, Annual Outlook Cut, Restarts Stock Buyback
UPS Q2 Earnings: Revenue And EPS Miss, Annual Outlook Cut, Restarts Stock Buyback
Jul 23, 2024
United Parcel Service Inc ( UPS ) shares are trading lower after it reported second-quarter 2024 results. Revenue declined 1.1% year-over-year to $21.82 billion, missing the consensus of $22.183 billion. Adjusted EPS was $1.79, down 29.5% YoY, missing the consensus of $1.99. Consolidated operating profit fell 30.1% YoY to $1.9 billion; consolidated operating margin stood at 8.9%, while adjusted consolidated...
--House Probe Finds Middlemen Push Patients to Pricier Drugs, The Wall Street Journal Reports
--House Probe Finds Middlemen Push Patients to Pricier Drugs, The Wall Street Journal Reports
Jul 23, 2024
07:53 AM EDT, 07/23/2024 (MT Newswires) -- Price: 558.35, Change: -0.18, Percent Change: -0.03 ...
Iridium Communications Swings to Q2 Net Income, Revenue Rises
Iridium Communications Swings to Q2 Net Income, Revenue Rises
Jul 23, 2024
07:53 AM EDT, 07/23/2024 (MT Newswires) -- Iridium Communications ( IRDM ) reported Q2 net income Tuesday of $0.27 per diluted share, swinging from a net loss of $0.24 a year earlier. Analysts polled by Capital IQ expected earnings of $0.18. Revenue for the quarter ended June 30 was $201.1 million, up from $193.1 million a year earlier. Analysts surveyed...
Top Premarket Decliners
Top Premarket Decliners
Jul 23, 2024
07:52 AM EDT, 07/23/2024 (MT Newswires) -- MIRA Pharmaceuticals ( MIRA ) shares slumped 17% Tuesday premarket, paring Monday's rally. Cellectar Biosciences ( CLRB ) shares retreated 14%, reversing from an increase in the previous session. Medpace Holdings ( MEDP ) shares were down 13% after the company reported Q2 revenue that trailed analysts' estimates. Polaris (PII) shares fell 11%...
Copyright 2023-2026 - www.financetom.com All Rights Reserved