Richardson Electronics Q4 GAAP net income more than doubled to $3.7 million; net sales rise 27.6% to $66.2 million
RELL•Backlog and dividend
Backlog increased 8.7% from the prior quarter to $164.4 million, the highest level in three years.
The board declared a quarterly cash dividend of $0.06 per common share, payable Aug. 26 to holders of record Aug. 7.
Fourth-quarter results
Richardson Electronics fiscal Q4 net sales rose 27.6% to $66.2 million, with GAAP net income more than doubled to $3.7 million.
GAAP diluted EPS climbed to $0.25; gross margin narrowed 0.4 percentage point to 31.2%.
Full-year fiscal 2026 results
Fiscal 2026 net sales increased 9.4% to $228.6 million, while GAAP net income swung to a profit of $6.4 million.
