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Richardson Electronics: Fiscal 1Q Earnings Snapshot

LAFOX, Ill. (AP) _ Richardson Electronics Ltd. (RELL) on Wednesday reported fiscal first-quarter profit of $157,000.

On a per-share basis, the Lafox, Illinois-based company said it had net income of 1 cent.

The electronic components and communication products company posted revenue of $40.7 million in the period.

Richardson Electronics shares have fallen 34% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $5.73, a fall of 33% in the last 12 months.


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