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Richardson Electronics: Fiscal 2Q Earnings Snapshot

·1 min read

LAFOX, Ill. (AP) _ Richardson Electronics Ltd. (RELL) on Wednesday reported fiscal second-quarter net income of $689,000, after reporting a loss in the same period a year earlier.

On a per-share basis, the Lafox, Illinois-based company said it had net income of 5 cents.

The electronic components and communication products company posted revenue of $42.4 million in the period.

In the final minutes of trading on Wednesday, the company's shares hit $4.70. A year ago, they were trading at $5.92.

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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