Richardson Electronics, Ltd. (NASDAQ: RELL) reported adjusted earnings per share of $0.07 for the third quarter of fiscal 2026, with revenue totaling $55.5M for the period. The engineered solutions and component provider posted a net profit of $893,000.
Revenue was up 3.1% year-over-year from $53.8M in the prior-year quarter. The company’s PMT division led performance with $38.7M in revenue, up 9.7% year-over-year. Excluding Healthcare operations, PMT net sales growth reached 14.5% for the quarter, demonstrating strength in the company’s core power and microwave technology segments.
Richardson Electronics maintained a total backlog of $151.2 million at quarter-end. The backlog figure provides visibility into future order fulfillment across the company’s portfolio of specialized electronic components and engineered solutions serving industrial, semiconductor, and RF communications markets.
Wall Street consensus on the stock currently stands at zero buy ratings, 3 hold ratings, and 1 sell rating. The company, which supplies engineered solutions and components to customers worldwide, continues to serve niche markets requiring specialized power management and radio frequency products.
This article was generated with the assistance of AI technology and reviewed for accuracy. AlphaStreet may receive compensation from companies mentioned in this article. This content is for informational purposes only and should not be considered investment advice.
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