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Richardson Electronics: Fiscal 1Q Earnings Snapshot

·1 min read

LAFOX, Ill. (AP) _ Richardson Electronics Ltd. (RELL) on Wednesday reported a fiscal first-quarter loss of $1.1 million, after reporting a profit in the same period a year earlier.

The Lafox, Illinois-based company said it had a loss of 9 cents per share.

The electronic components and communication products company posted revenue of $38.8 million in the period.

In the final minutes of trading on Wednesday, the company's shares hit $4.50. A year ago, they were trading at $5.72.

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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