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Richardson Electronics Reports Second Quarter Fiscal 2023 Net Income of $5.5 Million or 8.4% of Net Sales; Declares Quarterly Cash Dividend

Richardson Electronics Reports Second Quarter Fiscal 2023 Net Income of $5.5 Million or 8.4% of Net Sales; Declares Quarterly Cash Dividend
Green Energy Solutions sales increase 150.3% over Q2 FY22; total net sales increase 22.1% Second Quarter Highlights Net sales of $65.9 million were up 22.1% from last year’s second quarter driven by increases in Power and Microwave Technologies (“PMT”), Green Energy Solutions (“GES”) and Canvys business units. Backlog totaled $192.6 million in the second quarter […] The post Richardson Electronics Reports Second Quarter Fiscal 2023 Net Income of $5.5 Million or 8.4% of Net Sales; Declares Quarte... Read More
Posted: Jan 4 2023, 21:15
Author Name: forextv
Views: 102161

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