EL7.AI
StocksMediumUpdated×2•Originally published 7 October 2026•Updated 7 October 2026•
1 min read

Richardson Electronics Beats Q1 Earnings and Revenue Estimates

Key Facts

1Richardson Electronics reported GAAP EPS of $0.27, beating analyst estimates by $0.18.
2The company's revenue reached $64.9 million, surpassing estimates by $5.92 million.

Richardson Electronics reported GAAP EPS of $0.27 for the first quarter, beating analyst estimates by $0.18 according to Seeking Alpha. The company's total revenue reached $64.9 million during the period, surpassing consensus expectations by $5.92 million.

Financial data showed that EBITDA was $6.0 million in the first quarter of fiscal 2027, up from $3.3 million in the first quarter of fiscal 2026. Shares of RELL closed at $19.05 on October 6, 2026, with a daily trading range between $18.79 and $19.20.

Latest Updates · 2

  1. Notable·

    Update: Richardson Electronics recorded an 18.9% increase in sales for the first quarter compared to the previous year. Additionally, net profits doubled during this period versus the same quarter last year, further highlighting the strong financial performance reported in the quarterly results.

  2. Notable·

    Update: Richardson Electronics declared a quarterly cash dividend and reported that its backlog reached $184.4 million as of August 29, 2026. This figure represents a 36.9% increase compared to the same period last year.