Richardson Electronics, Ltd. is a leading global provider of engineered solutions, power grid and microwave tubes and related consumables; high value displays, flat panel solutions and replacement parts for diagnostic imaging equipment; and customized display solutions. It serves customers in the alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific and semiconductor markets. The Company's strategy is to provide specialized technical expertise and 'engineered solutions' based on its core engineering and manufacturing capabilities. The Company provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair through its global infrastructure.
Company profile
Ticker
RELL
Exchange
Website
CEO
Edward J. Richardson
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
RICHARDSON ELECTRONICS LTD/DE
SEC CIK
Corporate docs
Subsidiaries
Richardson Electronics Pty Limited • Richardson Electronics do Brasil Ltda. • Richardson Electronics Canada, Ltd. • Richardson Electronics Trading (China) Co., Ltd. • Richardson Electronique SAS • Richardson Electronics GmbH • Richardson Electronics Hong Kong Limited • Richardson Electronics India Private Limited • Aviv-Richardson Ltd. • Richardson Electronics S.r.l. ...
IRS number
362096643
RELL stock data
Latest filings (excl ownership)
SD
Conflict minerals disclosure
23 May 23
10-Q
2023 Q3
Quarterly report
6 Apr 23
8-K
Results of Operations and Financial Condition
5 Apr 23
8-K
Entry into a Material Definitive Agreement
23 Mar 23
8-K
Results of Operations and Financial Condition
21 Mar 23
10-Q
2023 Q2
Quarterly report
5 Jan 23
8-K
Results of Operations and Financial Condition
4 Jan 23
8-K
Departure of Directors or Certain Officers
27 Oct 22
10-Q
2023 Q1
Quarterly report
6 Oct 22
8-K
Results of Operations and Financial Condition
5 Oct 22
Transcripts
RELL
Earnings call transcript
2023 Q2
5 Jan 23
RELL
Earnings call transcript
2023 Q1
6 Oct 22
RELL
Earnings call transcript
2022 Q4
21 Jul 22
RELL
Earnings call transcript
2022 Q3
7 Apr 22
RELL
Earnings call transcript
2022 Q2
6 Jan 22
RELL
Earnings call transcript
2022 Q1
7 Oct 21
RELL
Earnings call transcript
2021 Q4
22 Jul 21
RELL
Earnings call transcript
2021 Q3
8 Apr 21
RELL
Earnings call transcript
2021 Q2
7 Jan 21
RELL
Earnings call transcript
2021 Q1
8 Oct 20
Latest ownership filings
4
GREGORY J PELOQUIN
23 May 23
4
PAUL J PLANTE
22 May 23
144
Notice of proposed sale of securities
18 May 23
SC 13G/A
Portolan Capital Management, LLC
13 Feb 23
SC 13G/A
RENAISSANCE TECHNOLOGIES LLC
13 Feb 23
SC 13G/A
DIMENSIONAL FUND ADVISORS LP
10 Feb 23
SC 13G/A
BML Investment Partners, L.P.
8 Feb 23
SC 13G/A
RICHARDSON EDWARD J
7 Feb 23
4
Jacques Belin
7 Feb 23
SC 13G/A
ROYCE & ASSOCIATES LP
24 Jan 23
Financial summary
| Quarter (USD) | Feb 23 | Nov 22 | Aug 22 | May 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | May 22 | May 21 | May 20 | May 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 24.65 mm | 24.65 mm | 24.65 mm | 24.65 mm | 24.65 mm | 24.65 mm |
| Cash burn (monthly) | 487.00 k | 1.21 mm | (no burn) | (no burn) | 1.42 mm | 670.50 k |
| Cash used (since last report) | 1.66 mm | 4.13 mm | n/a | n/a | 4.85 mm | 2.29 mm |
| Cash remaining | 22.98 mm | 20.52 mm | n/a | n/a | 19.79 mm | 22.35 mm |
| Runway (months of cash) | 47.2 | 17.0 | n/a | n/a | 13.9 | 33.3 |
Institutional ownership, Q1 2023
74.1% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 88 |
| Opened positions | 21 |
| Closed positions | 13 |
| Increased positions | 30 |
| Reduced positions | 31 |
| 13F shares | Current |
|---|---|
| Total value | 152.53 bn |
| Total shares | 8.95 mm |
| Total puts | 23.00 k |
| Total calls | 46.00 k |
| Total put/call ratio | 0.5 |
| Largest owners | Shares | Value |
|---|---|---|
| BML Investment Partners | 1.07 mm | $9.26 mm |
| Dimensional Fund Advisors | 1.01 mm | $22.43 bn |
| FMR | 665.49 k | $14.85 bn |
| Royce & Associates | 647.56 k | $14.45 bn |
| Renaissance Technologies | 597.28 k | $13.33 mm |
| Vanguard | 486.16 k | $10.85 bn |
| First Wilshire Securities Management | 453.95 k | $10.12 bn |
| Portolan Capital Management | 406.33 k | $9.07 bn |
| Acadian Asset Management | 368.96 k | $8.23 mm |
| BLK Blackrock | 239.08 k | $5.34 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 19 May 23 | Peloquin Gregory J | Common Stock | Sell | Dispose S | No | No | 17.9845 | 24,000 | 431.63 k | 0 |
| 19 May 23 | Peloquin Gregory J | Common Stock | Option exercise | Acquire M | No | No | 4.26 | 3,600 | 15.34 k | 24,000 |
| 19 May 23 | Peloquin Gregory J | Common Stock | Option exercise | Acquire M | No | No | 5.61 | 5,400 | 30.29 k | 20,400 |
| 19 May 23 | Peloquin Gregory J | Common Stock | Option exercise | Acquire M | No | No | 6.9 | 15,000 | 103.50 k | 15,000 |
| 19 May 23 | Peloquin Gregory J | Employee Option Common Stock | Option exercise | Dispose M | No | No | 4.26 | 3,600 | 15.34 k | 0 |
| 19 May 23 | Peloquin Gregory J | Employee Option Common Stock | Option exercise | Dispose M | No | No | 5.61 | 5,400 | 30.29 k | 0 |
| 19 May 23 | Peloquin Gregory J | Employee Option Common Stock | Option exercise | Dispose M | No | No | 6.9 | 15,000 | 103.50 k | 0 |
| 18 May 23 | Plante Paul J | Common Stock | Sell | Dispose S | No | No | 18.0921 | 15,000 | 271.38 k | 0 |
| 18 May 23 | Plante Paul J | Common Stock | Option exercise | Acquire M | No | No | 7.66 | 5,000 | 38.30 k | 15,000 |
| 18 May 23 | Plante Paul J | Common Stock | Option exercise | Acquire M | No | No | 9.1 | 5,000 | 45.50 k | 10,000 |
News
Richardson Electronics, Ltd. Introduces New Patent Pending Hybrid Ultracapacitor UPS System For Wind Turbines And Other Power Management Systems
15 May 23
12 Information Technology Stocks Moving In Friday's Intraday Session
7 Apr 23
Gold Down 0.5%; AMC Entertainment Shares Spike Higher
6 Apr 23
12 Information Technology Stocks Moving In Thursday's Intraday Session
6 Apr 23
Why Levi Strauss Shares Are Trading Lower By Around 13%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
6 Apr 23
Press releases
Richardson Electronics, Ltd. to Present at the TD Cowen Sustainability Week Investor Conference
5 Jun 23
Richardson Electronics' Patented ULTRA3000® Selected by GE Vernova as the Exclusive Pitch Energy Module Available on their Expanded Product Marketplace
24 May 23
Richardson Electronics Set to Join Russell 3000® Index
23 May 23
Richardson Electronics, Ltd. Introduces New Patent Pending Hybrid Ultracapacitor UPS System for Wind Turbines and Other Power Management Systems
15 May 23
Richardson Electronics, Ltd. Announces New ULTRAPEM™ Series of Pitch Energy Modules for Wind Turbines
3 May 23