Richardson Electronics RELL released its Q2 earnings on Tuesday, January 7, 2025 at 04:15 PM.
Here's what's important from the earnings announcement.
Earnings
Richardson Electronics missed estimated earnings by -150.0%, reporting an EPS of $-0.05 versus an estimate of $-0.02.
Revenue was up $5.36 million from the same period last year.
Performance in Previous Earnings
Last quarter the company beat on EPS by $0.05 which was followed by a 3.0% drop in the share price the next day.
Here's a look at Richardson Electronics's past performance:
| Quarter | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| EPS Estimate | -0.01 | -0.04 | 0.02 | 0.01 |
| EPS Actual | 0.04 | 0.02 | 0.05 | -0.13 |
| Revenue Estimate | 49.45M | 48.01M | 56.00M | 52.00M |
| Revenue Actual | 53.73M | 47.37M | 52.38M | 44.13M |
To track all earnings releases for Richardson Electronics visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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