Richardson Electronics Q1 FY2027: Net Income More Than Doubles to $4.1M on 18.9% Sales Growth
RELL has more than doubled off its 52-week low of $9.37 on elevated volume (2.6× avg).
Summary
Net income more than doubled to $4.1 million on 18.9% sales growth and expanding margins. The company holds $36.9 million in cash with no debt outstanding.
Key Events · Earnings and Guidance · RELL
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Net Income More Than Doubles
Q1 FY2027 net income reached $4.1 million, up 112.6% from $1.9 million in Q1 FY2026, with diluted EPS of $0.27 versus $0.13.
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Sales Up 18.9% Across All Segments
Consolidated net sales rose to $64.9 million from $54.6 million. PMT grew 19.7% to $46.8M, GES grew 27.1% to $9.2M, and Canvys grew 7.9% to $8.9M.
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Gross Margin Expands to 34.6%
Gross margin improved from 31.0% to 34.6%, helped by favorable product mix and a 1.7% benefit from an IEEPA tariff refund.
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Strong Balance Sheet
Cash and cash equivalents totaled $36.9 million at quarter end, with no drawings outstanding on the $20 million revolving credit facility.
Analysis · RELL · Trade & Services
A strong first quarter saw net income climb 112.6% to $4.1 million, up from $1.9 million a year ago, on 18.9% higher sales of $64.9 million. Gross margin expanded to 34.6% from 31.0%, driven by favorable product mix and a one-time IEEPA tariff refund. All three segments grew, led by Green Energy Solutions up 27.1% and Power and Microwave Technologies up 19.7%. The balance sheet remains clean with $36.9 million in cash and no outstanding borrowings on the $20 million revolving credit facility. This 10-Q adds full segment detail and cash flow data beyond the prior day's 8-K earnings release.
How filings like this one have moved
In the 30 days to Oct 8, 2026, 28.8% of the 1700 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.60%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, RELL was trading at $20.28 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $297.3M. The 52-week trading range was $9.37 to $23.15. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.