Northland Capital initiated coverage on Richardson Elec with a new price target
$RELL
Electronic Components
Technology
Northland Capital initiated coverage of Richardson Elec with a rating of Outperform and set a new price target of $13.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/13/2025 | Outperform → Market Perform | Northland Capital | |
| 4/29/2024 | $13.00 | Outperform | Northland Capital |
LAFOX, Ill., May 27, 2025 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ:RELL), a global provider of engineered solutions for renewable energy and other power management applications, announced a new line of monitoring relays for the wind and renewables markets. The first of these to be launched are temperature and voltage monitoring relays to meet safety needs, as well as the performance of the critical turbine monitoring systems. With the aging fleets of turbines and obsolescence of key voltage and temperature relays, the TurbineGuard™ Temperature Signal Relay and the TurbineGuard™ Voltage Signal Relay devices offer owner-operators visibility into their turbine systems and supp
LAFOX, Ill., April 22, 2025 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ:RELL), a global provider of engineered solutions for renewable energy and other power management applications, today announced the expansion of its customer base through a supply agreement with TransAlta Corporation* for its patented pitch energy modules designed for GE* wind turbines and SSB* platforms. TransAlta Corporation is one of Canada's largest publicly traded power generators, owning and operating a diverse fleet across Canada, the United States and Western Australia. Under the terms of the agreement, Richardson Electronics will provide its patented ULTRA3000® and ULTRAPEM™ modules to numerous wi
LAFOX, Ill., April 14, 2025 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ:RELL), a global provider of engineered solutions for the green energy, power management, and custom display markets, today announced that it will be presenting at the Planet MicroCap Showcase: VEGAS 2025 in partnership with MicroCapClub on April 23, 2025, at 11:30 AM PT. To access the live presentation, please use the following information: Planet MicroCap Showcase: VEGAS 2025 in partnership with MicroCapClubDate: Wednesday, April 23, 2025Time: 11:30 AM-12:00 PM PTWebcast: https://event.summitcast.com/view/YNz6mnmEsXyrdRxb78w2nX/guest_book?session_id=nC4TsEZhk5uhjbNanJQ7Md If you would like to book 1x1
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
The Acquisition of a Majority of Richardson Healthcare Strengthens DirectMed Imaging's Position as the Leading Canon/Toshiba Aftermarket Parts Supplier DirectMed Imaging, a leading supplier of aftermarket medical imaging parts, systems, and training, today announces the acquisition of Richardson Healthcare's Fort Mill, SC operation. Richardson Healthcare is a division of Richardson Electronics (NASDAQ:RELL). DirectMed's acquisition expands its Canon/Toshiba MRI and CT parts expertise and inventory breadth. The purchase also allows DirectMed to enter the Canon/Toshiba CT training market for engineers and biomedical professionals, as well as become the exclusive global distributor for Ric
Northland Capital downgraded Richardson Elec from Outperform to Market Perform
Northland Capital initiated coverage of Richardson Elec with a rating of Outperform and set a new price target of $13.00
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Q2 and FY21 Highlights Net sales of $42.4 million were up 7% from last year’s pre-COVID second quarter.Sales increased for PMG, Healthcare, and Semiconductor Wafer Fabrication equipment products in the second quarter of fiscal 2021 versus the second quarter of fiscal 2020.Gross margin improved to 33.8% of net sales for the second quarter of fiscal 2021 versus 32.0% of net sales in the prior year’s second quarter.Operating expenses increased $0.3 million to $13.5 million compared to the prior year’s second quarter. Legal expenses increased by $0.3 million.Operating income was $0.9 million compared to an operating loss of $0.5 million in last year’s second quarter.Earnings per common share (d
4 - RICHARDSON ELECTRONICS, LTD. (0000355948) (Issuer)
4 - RICHARDSON ELECTRONICS, LTD. (0000355948) (Issuer)
4 - RICHARDSON ELECTRONICS, LTD. (0000355948) (Issuer)
4 - RICHARDSON ELECTRONICS, LTD. (0000355948) (Issuer)
4 - RICHARDSON ELECTRONICS, LTD. (0000355948) (Issuer)
4 - RICHARDSON ELECTRONICS, LTD. (0000355948) (Issuer)