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Richardson Electronics reports 3Q loss

LAFOX, Ill. (AP) _ Richardson Electronics Ltd. (RELL) on Wednesday reported a loss of $1.4 million in its fiscal third quarter.

The Lafox, Illinois-based company said it had a loss of 11 cents per share.

The electronic components and communication products company posted revenue of $32.3 million in the period.

Richardson Electronics shares have decreased 9.5 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $5.70, an increase of 11 percent 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


Keywords: Richardson Electronics, Earnings Report