(USD) | Mar 2024 | Q/Q |
---|---|---|
Revenue | 52.4MM | +19% |
Gross Profit | 15.4MM | +23% |
Cost Of Revenue | 36.9MM | +17% |
Operating Income | 1MM | -150% |
Operating Expenses | 14.4MM | - |
Net Income | 750K | -142% |
G&A | 14.4MM | -0% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Richardson will be providing their patented Pitch Energy Module technology to Suzlon worldwide.LAFOX, Ill., April 30, 2024 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL), a global provider of engineered solutions for renewable energy and other power management applications, announced a strategic partnership with Suzlon Energy Limited, India's largest renewable energy solutions provider. Richardson Electronics will develop pitch energy modules for Suzlon's global fleet of wind tu
LAS VEGAS, NV / ACCESSWIRE / April 29, 2024 / Planet MicroCap presents the Planet MicroCap Showcase: VEGAS taking place on April 30 - May 2, 2024, where 96 MicroCap public and private companies will be presenting at the Paris Hotel & Casino in Las ...
Key Insights Richardson Electronics' estimated fair value is US$10.69 based on 2 Stage Free Cash Flow to Equity With...
Richardson Electronics, Ltd.'s ( NASDAQ:RELL ) investors are due to receive a payment of $0.06 per share on 29th of...
Richardson Electronics ( NASDAQ:RELL ) Third Quarter 2024 Results Key Financial Results Revenue: US$52.4m (down 26...
RELL reports mixed financial results amid a challenging quarter, highlighting strategic wins and a robust pipeline for future growth.
Q3 2024 Richardson Electronics Ltd Earnings Call
Richardson Electronics (RELL) delivered earnings and revenue surprises of 150% and 6.47%, respectively, for the quarter ended February 2024. Do the numbers hold clues to what lies ahead for the stock?
Sales increased 18.7% sequentially, reflecting improving business conditions. Inventory decreased $4.0 million sequentially, reflecting focus on improving working capital levels. LAFOX, Ill., April 10, 2024 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL) today reported financial results for its third quarter ended March 2, 2024. The Company also announced that its Board of Directors declared a $0.06 per share quarterly cash dividend. "The sequential increase in sales and profitab
It hasn't been the best quarter for Richardson Electronics, Ltd. ( NASDAQ:RELL ) shareholders, since the share price...