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Richardson Electronics, Ltd. reported earnings results for the third quarter and nine months ended March 02, 2024. For the third quarter, the company reported sales was USD 52.38 million compared to USD 70.36 million a year ago. Net income was USD 0.75 million compared to USD 6.34 million a year ago.For the nine months, sales was USD 149.09 million compared to USD 203.83 million a year ago. Net income was USD 0.18 million compared to USD 18.21 million a year ago.
Period Ending: | Mar 02, 2024 | Dec 02, 2023 | Sep 02, 2023 | May 27, 2023 |
---|---|---|---|---|
Total Revenue | 52.38 | 44.13 | 52.58 | 58.83 |
Gross Profit | 15.44 | 12.54 | 17.26 | 16.41 |
Operating Income | 1.01 | -1.95 | 1.47 | 1.4 |
Net Income | 0.75 | -1.8 | 1.23 | 4.12 |
Period Ending: | Mar 02, 2024 | Dec 02, 2023 | Sep 02, 2023 | May 27, 2023 |
---|---|---|---|---|
Total Assets | 193.6 | 196.49 | 195.52 | 198.05 |
Total Liabilities | 34.98 | 37.85 | 35.16 | 38.73 |
Total Equity | 158.62 | 158.64 | 160.35 | 159.32 |
Period Ending: | Mar 02, 2024 | Dec 02, 2023 | Sep 02, 2023 | May 27, 2023 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | -2.53 | 0.8 | 1.02 | 3.21 |
Cash From Investing Activities | -0.401 | -1.52 | -1.14 | -2.4 |
Cash From Financing Activities | -0.844 | -0.83 | -0.635 | -0.471 |
Net Change in Cash | -3.89 | -1.36 | -0.857 | 0.336 |
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