RELL - Earnings announcements

Third-Quarter Net Income of $0.9 million, or $0.07 per diluted share Q3 FY26 net sales increase led by a 9.7% YoY increase in PMT net sales Total backlog at February 28, 2026, was up 11.4% from end of the fiscal second quarter LAFOX, Ill., April 08, 2026 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ:RELL) today reported financial results for its third quarter ended February 28, 2026. The Company also announced that its Board of Directors declared a $0.06 per share quarterly cash dividend. "I am pleased to report that Richardson Electronics has now delivered seven consecutive quarters of year-over-year sales growth, reflecting continued progress in executing our multi-year st

LAFOX, Ill., April 01, 2026 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ:RELL) plans to release its financial results for its third quarter ended February 28, 2026 after the close of business on Wednesday, April 8, 2026. The release will be distributed by GlobeNewswire and will be available on the Company's website at www.rell.com. On Thursday, April 9, 2026, at 9:00 a.m. Central Time, Edward J. Richardson, Chairman and Chief Executive Officer, and Robert J. Ben, Chief Financial Officer, will host a conference call to discuss the Company's third quarter fiscal year 2026 results. A question-and-answer session will be included as part of the call's agenda. Participant Instructi

LAFOX, Ill., Jan. 07, 2026 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ:RELL) today reported financial results for its second quarter ended November 29, 2025. The Company also announced that its Board of Directors declared a $0.06 per share quarterly cash dividend. "We delivered solid second-quarter fiscal 2026 revenue growth of 5.7%, led by strong year-over-year performance in our Green Energy Solutions (GES) business," said Edward J. Richardson, Chairman, CEO, and President. "Excluding Healthcare, where the majority of assets were divested in January 2025, net sales increased 9%. In a fluid macro environment, higher volumes combined with disciplined cost management drove a s

LAFOX, Ill., Dec. 30, 2025 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ:RELL) plans to release its financial results for its second quarter ended November 29, 2025, after the close of business on Wednesday, January 7, 2026. The release will be distributed by GlobeNewswire and will be available on the Company's website at www.rell.com. On Thursday, January 8, 2025, at 9:00 a.m. Central Time, Edward J. Richardson, Chairman and Chief Executive Officer, and Robert J. Ben, Chief Financial Officer, will host a conference call to discuss the Company's second quarter fiscal year 2026 results. A question-and-answer session will be included as part of the call's agenda. Participant Ins

Q1 FY26 net sales increased YoY for the 5th consecutive quarter; led by a 52.2% YoY increase in semi-conductor wafer fab net sales  Generated $1.0 million of operating income and ended Q1 FY26 with positive operating cash flow for the 6th consecutive quarter LAFOX, Ill., Oct. 08, 2025 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ:RELL) today reported financial results for its first quarter ended August 30, 2025. The Company also announced that its Board of Directors declared a $0.06 per share quarterly cash dividend. "We are pleased with our solid first quarter fiscal 2026 results, reflecting the value we provide our global customers, the diversity of our end markets, and th

LAFOX, Ill., Oct. 01, 2025 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ:RELL) plans to release its financial results for its first quarter ended August 30, 2025 after the close of business on Wednesday, October 8, 2025. The release will be distributed by GlobeNewswire and will be available on the Company's website at www.rell.com. On Thursday, October 9, 2025, at 9:00 a.m. Central Time, Edward J. Richardson, Chairman and Chief Executive Officer, and Robert J. Ben, Chief Financial Officer, will host a conference call to discuss the Company's first quarter fiscal year 2026 results. A question-and-answer session will be included as part of the call's agenda. Participant Instruct

Q4 FY25 net sales increased YoY for the 4th consecutive quarter; non-GAAP operating income* at $0.8 million FY25 annual net sales grew 6.3% YoY, led by a 23.6% increase in Green Energy Solutions Ended Q4 FY25 with positive operating cash flow for the 5th consecutive quarter LAFOX, Ill., July 23, 2025 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ:RELL) today reported financial results for its fourth quarter and fiscal year ended May 31, 2025. The Company also announced that its Board of Directors declared a $0.06 per share quarterly cash dividend. "Fiscal 2025 was a year of strategic transition and execution," said Edward J. Richardson, Chairman, CEO, and President. "We end

LAFOX, Ill., July 16, 2025 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ:RELL) plans to release its financial results for its fourth quarter ended May 31, 2025 after the close of business on Wednesday, July 23, 2025. The release will be distributed by GlobeNewswire and will be available on the Company's website at www.rell.com. On Thursday, July 24, 2025, at 9:00 a.m. Central Time, Edward J. Richardson, Chairman and Chief Executive Officer, and Robert J. Ben, Chief Financial Officer, will host a conference call to discuss the Company's fourth quarter fiscal year 2025 results. A question-and-answer session will be included as part of the call's agenda. Participant Instructions

Q3 FY25 net sales increase YoY for third consecutive quarter Richardson Electronics ended Q3 with positive operating cash flow for the fourth consecutive quarter  Strategic asset sale of a majority of Richardson Healthcare during the quarter further strengthened the Company's balance sheet, while expected to simplify the business and improve the financial model LAFOX, Ill., April 09, 2025 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ:RELL) today reported financial results for its third quarter ended March 1, 2025. The Company also announced that its Board of Directors declared a $0.06 per share quarterly cash dividend. "During the third quarter, we experienced significant ye

LAFOX, Ill., April 02, 2025 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ:RELL) plans to release its financial results for its third quarter ended March 1, 2025 after the close of business on Wednesday, April 9, 2025. The release will be distributed by GlobeNewswire and will be available on the Company's website at www.rell.com. On Thursday, April 10, 2025, at 9:00 a.m. Central Time, Edward J. Richardson, Chairman and Chief Executive Officer, and Robert J. Ben, Chief Financial Officer, will host a conference call to discuss the Company's third quarter fiscal year 2025 results. A question-and-answer session will be included as part of the call's agenda. Participant Instructions

Q2 FY25 net sales increased 12.1% YoY, the second consecutive quarterly YoY increase Green Energy Solutions (GES) net sales increased 129% from Q2 FY24 Richardson Electronics ended Q2 with positive operating cash flow for the third consecutive quarter, $26.6 million in cash and cash equivalents and no debt Management expects YoY sales growth and higher profitability for FY25 LAFOX, Ill., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ:RELL) today reported financial results for its second quarter ended November 30, 2024. The Company also announced that its Board of Directors declared a $0.06 per share quarterly cash dividend. "Our second quarter results

LAFOX, Ill., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ:RELL) plans to release its financial results for its second quarter ended November 30, 2024 after the close of business on Tuesday, January 7, 2025. The release will be distributed by GlobeNewswire and will be available on the Company's website at www.rell.com. On Wednesday, January 8, 2025, at 9:00 a.m. Central Time, Edward J. Richardson, Chairman and Chief Executive Officer, and Robert J. Ben, Chief Financial Officer, will host a conference call to discuss the Company's second quarter fiscal year 2025 results. A question-and-answer session will be included as part of the call's agenda. Participant Instr

Q1 FY25 net sales increase 2.2% YoY, the first quarterly YoY increase since Q3 FY23 Richardson Electronics ended Q1 with positive operating cash flow for the second consecutive quarter, $23.0 million in cash and cash equivalents and no debt Management expects YoY sales growth and higher profitability for FY25 LAFOX, Ill., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ:RELL) today reported financial results for its first quarter ended August 31, 2024. The Company also announced that its Board of Directors declared a $0.06 per share quarterly cash dividend. "Our first quarter results are encouraging and benefited from the strategies underway to drive sales growth,

LAFOX, Ill., Oct. 02, 2024 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ:RELL) plans to release its financial results for its first quarter ended August 31, 2024 after the close of business on Wednesday, October 9, 2024. The release will be distributed by GlobeNewswire and will be available on the Company's website at www.rell.com. On Thursday, October 10, 2024, at 9:00 a.m. Central Time, Edward J. Richardson, Chairman and Chief Executive Officer, and Robert J. Ben, Chief Financial Officer, will host a conference call to discuss the Company's first quarter fiscal year 2025 results. A question-and-answer session will be included as part of the call's agenda. Participant Instruc

First year-over-year reduction in inventory since fiscal 2017, reflecting management's efforts to improve working capital levels  Fourth quarter gross margin improved 320 basis points year-over-year Generated $7.2 million in operating cash flow during the fourth quarter, helping the Company end the year with $24.3 million in cash and cash equivalents and no debt Management expects to return to year-over-year sales growth and higher profitability in fiscal 2025 LAFOX, Ill., July 24, 2024 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ:RELL) today reported financial results for its fourth quarter and fiscal year ended June 1, 2024. The Company also announced that its Board of Di

LAFOX, Ill., July 17, 2024 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ:RELL) plans to release its financial results for its fourth quarter ended June 1, 2024 after the close of business on Wednesday, July 24, 2024. The release will be distributed by GlobeNewswire and will be available on the Company's website at www.rell.com. On Thursday, July 25, 2024, at 9:00 a.m. Central Time, Edward J. Richardson, Chairman and Chief Executive Officer, and Robert J. Ben, Chief Financial Officer, will host a conference call to discuss the Company's fourth quarter and fiscal year 2024 results. A question-and-answer session will be included as part of the call's agenda. Participant Instructi

Sales increased 18.7% sequentially, reflecting improving business conditions. Inventory decreased $4.0 million sequentially, reflecting focus on improving working capital levels. LAFOX, Ill., April 10, 2024 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ:RELL) today reported financial results for its third quarter ended March 2, 2024. The Company also announced that its Board of Directors declared a $0.06 per share quarterly cash dividend. "The sequential increase in sales and profitability is encouraging, reflecting the benefits of our diversification strategies as well as our team's focus on enhancing profitability and strengthening our balance sheet. Sales growth

LAFOX, Ill., April 03, 2024 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ:RELL) plans to release its financial results for its third quarter ended March 2, 2024 after the close of business on Wednesday, April 10, 2024. The release will be distributed by GlobeNewswire and will be available on the Company's website at www.rell.com. On Thursday, April 11, 2024, at 9:00 a.m. Central Time, Edward J. Richardson, Chairman and Chief Executive Officer, and Robert J. Ben, Chief Financial Officer, will host a conference call to discuss the Company's third quarter fiscal year 2024 results. A question-and-answer session will be included as part of the call's agenda. Participant Instruction

Results reflect challenging economic conditions as well as decline in sales to semiconductor wafer fab customers and project delays across the Company's GES business. Backlog increased 2% over the past three months, which management believes indicates stabilizing demand. Company implements new ownership requirements for outside directors. LAFOX, Ill., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ:RELL) today reported financial results for its second quarter ended December 2, 2023. The Company also announced that its Board of Directors declared a $0.06 per share quarterly cash dividend. "Although our second quarter results fell short of expectations, we are conf

LAFOX, Ill., Jan. 03, 2024 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ:RELL) plans to release its financial results for its second quarter ended December 2, 2023 after the close of business on Wednesday, January 10, 2024. The release will be distributed by GlobeNewswire and will be available on the Company's website at www.rell.com. On Thursday, January 11, 2024, at 9:00 a.m. Central Time, Edward J. Richardson, Chairman and Chief Executive Officer, and Robert J. Ben, Chief Financial Officer, will host a conference call to discuss the Company's second quarter fiscal year 2024 results. A question-and-answer session will be included as part of the call's agenda. Participant

First Quarter Highlights Net sales of $52.6 million were down $15.0 million, or 22.2% from last year's first quarter primarily due to a near-term reduction in sales to semiconductor wafer fab customers, and a timing-related reduction in ultracapacitor module sales to replace lead acid batteries in existing wind turbines. A challenging economic backdrop accounted for the remainder of the year-over-year decline in sales.Backlog totaled $148.1 million in the first quarter versus $160.4 million at the end of the fourth quarter of fiscal 2023.Gross margin was 32.8% of net sales for the first quarter of fiscal 2024, compared to 34.1% in the prior year's first quarter. The decrease was driven pr

LAFOX, Ill., Oct. 04, 2023 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ:RELL) plans to release its financial results for its first quarter ended September 2, 2023 after the close of business on Wednesday, October 11, 2023. The release will be distributed by GlobeNewswire and will be available on the Company's website at www.rell.com. On Thursday, October 12, 2023, at 9:00 a.m. Central Time, Edward J. Richardson, Chairman and Chief Executive Officer, and Robert J. Ben, Chief Financial Officer, will host a conference call to discuss the Company's first quarter fiscal year 2024 results. A question-and-answer session will be included as part of the call's agenda. Participant Inst

Green Energy Solutions net sales increase 61.7% over Q4 FY22 and 110.5% over Fiscal 2022 Fiscal 2023 Highlights For fiscal 2023, net sales increased 16.9% to $262.7 million.Operating income was $25.0 million for fiscal 2023, compared to $16.0 million for fiscal 2022.An income tax expense of $2.7 million and Non-GAAP income tax expense* of $5.0 million for fiscal 2023. The income tax expense was reduced by a one-time $1.8 million reversal of the foreign tax credit valuation allowance and total R&D Tax Credits of $0.9 million for fiscal years 2020 through 2023, which included a one-time total of $0.6 million related to fiscal years 2020 through 2022.Earnings per common share (diluted) we

LAFOX, Ill., July 12, 2023 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ:RELL) plans to release its financial results for its fourth quarter ended May 27, 2023 after the close of business on Wednesday, July 19, 2023. The release will be distributed by GlobeNewswire and will be available on the Company's website at www.rell.com. On Thursday, July 20, 2023, at 9:00 a.m. Central Time, Edward J. Richardson, Chairman and Chief Executive Officer, and Robert J. Ben, Chief Financial Officer, will host a conference call to discuss the Company's fourth quarter and fiscal year 2023 results. A question-and-answer session will be included as part of the call's agenda. Participant Instructi

Green Energy Solutions sales increase 103% over Q3 FY22; total net sales increase 27.2% Third Quarter Highlights Net sales of $70.4 million were up 27.2% from last year's third quarter driven by increases in Power and Microwave Technologies ("PMT"), Green Energy Solutions ("GES") and Canvys business units.Backlog totaled $175.1 million in the third quarter versus $175.6 million at the end of the third quarter of last fiscal year.Gross margin was 31.8% of net sales for the third quarter of fiscal 2023, the same as in the prior year's third quarter.Operating income was $7.6 million in the third quarter of fiscal 2023 compared to $3.6 million for the third quarter of fiscal 2022.Income tax ex

LAFOX, Ill., March 29, 2023 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ:RELL) plans to release its financial results for its third quarter ended February 25, 2023 after the close of business on Wednesday, April 5, 2023. The release will be distributed by GlobeNewswire and will be available on the Company's website at www.rell.com. On Thursday, April 6, 2023, at 9:00 a.m. Central Time, Edward J. Richardson, Chairman and Chief Executive Officer, and Robert J. Ben, Chief Financial Officer, will host a conference call to discuss the Company's third quarter fiscal year 2023 results. A question-and-answer session will be included as part of the call's agenda. Participant Instr

Green Energy Solutions sales increase 150.3% over Q2 FY22; total net sales increase 22.1% Second Quarter Highlights Net sales of $65.9 million were up 22.1% from last year's second quarter driven by increases in Power and Microwave Technologies ("PMT"), Green Energy Solutions ("GES") and Canvys business units.Backlog totaled $192.6 million in the second quarter versus $199.2 million at the end of the first quarter of fiscal 2023 and $146.9 million at the end of the second quarter of last fiscal year.Gross margin was 33.2% of net sales for the second quarter of fiscal 2023 versus 32.7% of net sales in the prior year's second quarter representing strong sales and growth in engin

LAFOX, Ill., Dec. 28, 2022 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ:RELL) plans to release its financial results for its second quarter ended November 26, 2022 after the close of business on Wednesday, January 4, 2023. The release will be distributed by GlobeNewswire and will be available on the Company's website at www.rell.com. On Thursday, January 5, 2023, at 9:00 a.m. Central Time, Edward J. Richardson, Chairman and Chief Executive Officer, and Robert J. Ben, Chief Financial Officer, will host a conference call to discuss the Company's second quarter fiscal year 2023 results. A question-and-answer session will be included as part of the call's agenda. Participant Inst

Ninth Consecutive Quarter of Sequential Revenue Growth; Introduces New Green Energy Reporting Segment First Quarter Highlights Net sales of $67.6 million were up 25.8% from last year's first quarter with increases in all four business units including its new Green Energy Solutions business unit.Backlog totaled $199.2 million in the first quarter versus $206.2 million at the end of fiscal 2022 and $126.5 million at the end of the first quarter of last fiscal year. The sequential decline was primarily in Canvys.Gross margin was 34.1% of net sales for the first quarter of fiscal 2023 versus 30.3% of net sales in the prior year's first quarter representing strong sales and growth in engineered

LAFOX, Ill., Sept. 28, 2022 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ:RELL) plans to release its financial results for its first quarter ended August 27, 2022 after the close of business on Wednesday, October 5, 2022. The release will be distributed by GlobeNewswire and will be available on the Company's website at www.rell.com. On Thursday, October 6, 2022, at 9:00 a.m. Central Time, Edward J. Richardson, Chairman and Chief Executive Officer, and Robert J. Ben, Chief Financial Officer, will host a conference call to discuss the Company's first quarter fiscal year 2023 results. A question-and-answer session will be included as part of the call's agenda. Participant Instruc

Eighth Consecutive Quarter of Sequential Revenue Growth; Fiscal Year 2022 revenue growth of 26.9% over Fiscal Year 2021 Fourth Quarter Highlights Net sales of $61.6 million were up 22.1% from last year's fourth quarter with increases in all three business units.Backlog increased to $206.2 million in the fourth quarter versus $175.6 million at the end of the third quarter and $110.0 million at the end of the fourth quarter of last fiscal year.Gross margin was 32.7% of net sales for the fourth quarter of fiscal 2022 versus 32.4% of net sales in the prior year's fourth quarter.Operating income was $5.0 million for the fourth quarter of fiscal 2022 compared to an operating income of $2.3 milli

LAFOX, Ill., July 13, 2022 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ:RELL) plans to release its financial results for its fourth quarter and fiscal year ended May 28, 2022 after the close of business on Wednesday, July 20, 2022. The release will be distributed by GlobeNewswire and will be available on the Company's website at www.rell.com.   On Thursday, July 21, 2022, at 9:00 a.m. Central Time, Edward J. Richardson, Chairman and Chief Executive Officer, and Robert J. Ben, Chief Financial Officer, will host a conference call to discuss the Company's fourth quarter and fiscal year 2022 results. A question-and-answer session will be included as part of the call's agenda. Par

Seventh Consecutive Quarter of Sequential Revenue Growth; All Business Units Grow Versus Third Quarter FY21 Third Quarter Highlights Net sales of $55.3 million were up 22.3% from last year's third quarter.Sales increased for PMT, Canvys and Healthcare in the third quarter of fiscal 2022 versus the third quarter of fiscal 2021.Backlog increased to $175.6 million in the third quarter versus $146.9 million at the end of the second quarter and $98.7 million at the end of the third quarter of last fiscal year.Gross margin was 31.8% of net sales for the third quarter of fiscal 2022 versus 34.9% of net sales in the prior year's third quarter primarily due to product mix and higher global freight

LAFOX, Ill., March 30, 2022 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ:RELL) plans to release its financial results for its third quarter ended February 26, 2022 after the close of business on Wednesday, April 6, 2022. The release will be distributed by GlobeNewswire and will be available on the Company's website at www.rell.com. On Thursday, April 7, 2022, at 9:00 a.m. Central Time, Edward J. Richardson, Chairman and Chief Executive Officer, and Robert J. Ben, Chief Financial Officer, will host a conference call to discuss the Company's third quarter fiscal year 2022 results. A question-and-answer session will be included as part of the call's agenda. Participant Instructi

PMT, Canvys and Healthcare Revenues Grow Versus Second Quarter FY21 Second Quarter Highlights Net sales of $54.0 million were up 27.3% from last year's second quarter.Sales increased for PMG, Canvys, Healthcare and Semiconductor Wafer Fabrication Equipment products in the second quarter of fiscal 2022 versus the second quarter of fiscal 2021.Backlog increased to $146.9 million in the second quarter versus $126.5 million at the end of the first quarter.Gross margin was 32.7% of net sales for the second quarter of fiscal 2022 versus 33.8% of net sales in the prior year's second quarter primarily due to product mix and higher global freight costs.Operating expenses decreased $0.4 million to $

LAFOX, Ill., Dec. 29, 2021 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ:RELL) plans to release its financial results for its second quarter ended November 27, 2021 after the close of business on Wednesday, January 5, 2022. The release will be distributed by GlobeNewswire and will be available on the Company's website at www.rell.com. On Thursday, January 6, 2022, at 9:00 a.m. CST, Edward J. Richardson, Chairman and Chief Executive Officer, and Robert J. Ben, Chief Financial Officer, will host a conference call to discuss the Company's second quarter fiscal year 2022 results. A question and answer session will be included as part of the call's agenda. Participant Instructions

PMT, Canvys and Healthcare Revenues Grow Versus Q1 FY21 Q1 Highlights Net sales of $53.7 million were up 38.4% from last year's first quarter and up 6.4% over the fourth quarter of fiscal 2021.Sales increased year-over-year for PMG, Canvys, Healthcare and Semiconductor Wafer Fabrication Equipment products in the first quarter of fiscal 2022 versus the first quarter of fiscal 2021.Gross margin was 30.3% of net sales for the first quarter of fiscal 2022 versus 31.8% of net sales in the prior year's first quarter due to product mix.Operating expenses increased $0.5 million to $13.5 million compared to the prior year's first quarter. Employee compensation expenses increased, including high

LAFOX, Ill., Sept. 29, 2021 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ:RELL) plans to release its financial results for its first quarter ended August 28, 2021 after the close of business on Wednesday, October 6, 2021. The release will be distributed by GlobeNewswire and will be available on the Company's website at www.rell.com. On Thursday, October 7, 2021, at 9:00 a.m. CDT, Edward J. Richardson, Chairman and Chief Executive Officer, and Robert J. Ben, Chief Financial Officer, will host a conference call to discuss the Company's first quarter fiscal year 2022 results. A question and answer session will be included as part of the call's agenda. Participant Instructions T

Healthcare, PMG, Canvys and Semiconductor Wafer Fab Revenues Grow Versus Q4 FY20; Higher ALTA750™  Tube Sales Q4 and FY21 Highlights Net sales of $50.5 million were up 35.1% from last year's fourth quarter and up 11.6% over the third quarter of fiscal 2021.Sales increased for Healthcare, PMG, Canvys and Semiconductor Wafer Fabrication Equipment products in the fourth quarter of fiscal 2021 versus the fourth quarter of fiscal 2020.Gross margin improved to 32.4% of net sales for the fourth quarter of fiscal 2021 versus 30.4% of net sales in the prior year's fourth quarter due to a favorable product mix and improved manufacturing performance for Richardson Healthcare.Operating expenses increa