Richardson Electronics reports 2Q loss
Richardson Electronics posts 2nd-quarter loss of $2.5 million
LAFOX, Ill. (AP) _ Richardson Electronics Ltd. (RELL) on Wednesday reported a loss of $2.5 million in its fiscal second quarter.
The Lafox, Illinois-based company said it had a loss of 20 cents per share.
The electronic components and communication products company posted revenue of $33.8 million in the period.
Richardson Electronics shares have dropped slightly more than 1 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $6.22, a climb of almost 9 percent in the last 12 months.
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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
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