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Richardson Electronics: Fiscal 4Q Earnings Snapshot

Associated Press
Updated ·1-min read

LAFOX, Ill. (AP) _ Richardson Electronics Ltd. (RELL) on Wednesday reported a loss of $1.3 million in its fiscal fourth quarter.

The Lafox, Illinois-based company said it had a loss of 10 cents per share.

The electronic components and communication products company posted revenue of $37.4 million in the period.

For the year, the company reported that its loss narrowed to $1.8 million, or 14 cents per share. Revenue was reported as $155.9 million.

In the final minutes of trading on Wednesday, the company's shares hit $4.27. A year ago, they were trading at $5.61.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RELL at https://www.zacks.com/ap/RELL