NASDAQ$RELL
Richardson Electronics Ltd · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Richardson Electronics reported second quarter fiscal 2021 net income, with semiconductor wafer fab, PMG, and healthcare revenues growing and record ALTA750 TM tube sales achieved.
Richardson Electronics reported a 7% increase in net sales to $42.4 million for the second quarter of fiscal 2021 compared to $39.6 million in the prior year's second quarter. The company achieved net income of $0.7 million, a significant improvement from the net loss of $0.6 million in the same quarter of the previous year. Earnings per common share (diluted) for the quarter was $0.05.
- Net sales increased by 7% to $42.4 million compared to the previous year's second quarter.
- Sales increased for PMG, Healthcare, and Semiconductor Wafer Fabrication equipment products versus Q2 FY20.
- Gross margin improved to 33.8% of net sales compared to 32.0% in the prior year's second quarter.
- Operating income was $0.9 million compared to an operating loss of $0.5 million in the prior year's second quarter.
Headline financials
Revenue & EPS history
Richardson Electronics · Revenue · Quarterly
$42.4M
Revenue by segment
Richardson Electronics · $50M total across 3 segments · Q1 2024
- Power & Microwave Tech$35.7M-21.2%71.4%
- Canvys$9.89M-5.0%19.8%
- Green Energy Solutions$4.39M—8.8%
Forward guidance
No specific forward guidance was provided in the press release.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2021
+0.4%
Avg return
Earnings day
+1.8%
Avg return
5 days after
+2.2%
Avg return
30 days after
52%
33 / 64 earnings
Positive
+25.2%
Q1 2023
Best reaction
-19.9%
Q2 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | +21.6% | +15.3% | +30.8% | |
| Q2 2026 | -11.8% | +4.1% | +10.2% | |
| Q1 2026 | +11.0% | +10.3% | -1.9% | |
| Q3 2025 | -17.1% | -16.4% | -9.2% | |
| Q2 2025 | -13.5% | -12.4% | -11.9% | |
| Q1 2025 | +0.7% | +5.2% | +17.3% | |
| Q4 2024 | -0.9% | +4.9% | +4.8% | |
| Q3 2024 | +15.1% | +5.9% | +11.1% | |
| Q2 2024 | -19.9% | -17.7% | -22.4% | |
| Q1 2024 | -5.8% | -3.9% | -2.0% | |
| Q4 2023 | -14.2% | -15.1% | -26.3% | |
| Q3 2023 | -15.9% | -10.8% | -27.7% | |
| Q2 2023 | -15.0% | +5.1% | +14.1% | |
| Q1 2023 | +25.2% | +27.0% | +53.1% | |
| Q4 2022 | -6.2% | +0.1% | +6.2% | |
| Q3 2022 | -5.1% | -8.4% | -2.2% | |
| Q2 2022 | +9.5% | +15.7% | -7.9% | |
| Q1 2022 | +17.4% | +10.6% | +18.4% | |
| Q4 2021 | +4.2% | -1.3% | +0.4% | |
| Q3 2021 | +6.7% | +8.0% | +6.9% | |
| Q2 2021 | +20.9% | +24.5% | +29.1% | |
| Q1 2021 | +7.3% | +4.2% | +2.8% | |
| Q4 2020 | -2.6% | -0.5% | +5.9% | |
| Q3 2020 | +12.5% | +8.6% | +12.7% | |
| Q2 2020 | -4.7% | -5.4% | -15.5% | |
| Q1 2020 | -0.5% | +1.7% | -2.9% | |
| Q4 2019 | +0.0% | -0.2% | +0.2% | |
| Q3 2019 | -5.6% | -10.7% | -13.1% | |
| Q2 2019 | -7.7% | -8.0% | -11.2% | |
| Q1 2019 | -7.2% | -7.3% | -14.8% | |
| Q4 2018 | +1.2% | +3.6% | -4.3% | |
| Q3 2018 | +3.7% | +8.2% | +15.4% | |
| Q2 2018 | +14.2% | +17.2% | +11.1% | |
| Q1 2018 | +13.6% | +10.4% | +6.4% | |
| Q4 2017 | -2.2% | -3.0% | -5.5% | |
| Q3 2017 | +4.1% | +3.6% | +6.8% | |
| Q2 2017 | -1.3% | -0.8% | -3.0% | |
| Q1 2017 | -6.6% | -8.1% | -11.7% | |
| Q4 2016 | +4.7% | +4.7% | +16.1% | |
| Q3 2016 | +1.9% | — | — | |
| Q2 2016 | -2.3% | — | — | |
| Q1 2016 | +3.5% | — | — | |
| Q4 2015 | -8.4% | — | — | |
| Q3 2015 | +1.1% | — | — | |
| Q2 2015 | -0.9% | — | — | |
| Q1 2015 | -1.1% | — | — | |
| Q4 2014 | +2.0% | — | — | |
| Q3 2014 | -5.4% | — | — | |
| Q2 2014 | +0.3% | — | — | |
| Q1 2014 | +3.0% | — | — | |
| Q4 2013 | -1.3% | — | — | |
| Q3 2013 | -0.9% | — | — | |
| Q2 2013 | +0.3% | — | — | |
| Q1 2013 | -2.1% | — | — | |
| Q4 2012 | +0.2% | — | — | |
| Q3 2012 | +1.9% | — | — | |
| Q2 2012 | +0.7% | — | — | |
| Q1 2012 | -2.7% | — | — | |
| Q4 2011 | +0.2% | — | — | |
| Q3 2011 | +1.6% | — | — | |
| Q2 2010 | +0.1% | — | — | |
| Q1 2010 | +1.5% | — | — | |
| Q4 2010 | +5.0% | — | — | |
| Q3 2009 | -0.3% | — | — |
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