Key Developments: Richardson Electronics Ltd (RELL.O)
11.72USD
17 May 2013
$0.04 (+0.34%)
$11.68
$11.73
$11.79
$11.68
34,794
21,494
$12.82
$10.61
Latest Key Developments (Source: Significant Developments)
Richardson Electronics Ltd Issues Q4 2013 Revenue Guidance Below Analysts' Estimates-Conference Call
Richardson Electronics Ltd announced that for the fourth quarter of 2013, it expects sales to be in the range of $36-$38 million, or an increase of about 10% from third quarter. According to I/B/E/S Estimates, analysts on average were expecting the Company to report revenues of $41 million for the fourth quarter of 2013. Full Article
Richardson Electronics Ltd Declares Cash Dividend
Richardson Electronics Ltd announced that its Board of Directors declared a $0.06 dividend per share to all holders of common stock and a $0.054 cash dividend per share to all holders of Class B common stock. The dividend will be payable on May 24, 2013, to all common stockholders of record on May 10, 2013. Full Article
Richardson Electronics Ltd Comments On H2 2013 Sales Guidance-Conference Call
Richardson Electronics Ltd announced that for the second half of 2013, it expects sales to be significantly better than the first half of 2013. The Company reported revenue of $35.65 million in the first quarter of 2013 and revenue of $36.60 million in the second quarter of 2013. According to I/B/E/S Estimates, analysts on average were expecting the Company to report revenues of $38 million for the third quarter of 2013 and revenues of $41 million for the fourth quarter of 2013. Full Article
Richardson Electronics Ltd Declares Dividend
Richardson Electronics Ltd announced that its Board of Directors declared a $0.06 dividend per share to all holders of common stock and a $0.054 cash dividend per share to all holders of Class B common stock. The dividend will be payable on February 22, 2013, to all common stockholders of record on February 8, 2013. Full Article
Richardson Electronics Ltd Issues Q2 2013 Revenue Guidance Below Analysts' Estimates-Conference Call
Richardson Electronics Ltd announced that for the second quarter of 2013, it expects sales of approximately $36 million to $38 million. According to I/B/E/S Estimates, analysts on average were expecting the Company to report revenues of $41 million for the second quarter of 2013. Full Article
Richardson Electronics Ltd Declares Cash Dividend
Richardson Electronics Ltd announced today that its Board of Directors declared a $0.06 dividend per share to all holders of common stock and a $0.054 cash dividend per share to all holders of Class B common stock. The dividend will be payable on November 27, 2012, to all common stockholders of record on November 13, 2012. Full Article
Richardson Electronics Ltd Increases Share Repurchase Authorization; Increases Cash Dividend
Richardson Electronics Ltd announced that its Board of Directors voted to declare a $0.06 quarterly dividend per share to all holders of common stock and a $0.054 cash dividend per share to all holders of Class B common stock. The dividend will be payable on September 11, 2012, to all common stockholders of record on August 28, 2012. The Company also announced that its Board of Directors increased its share repurchase authorization. As of July 26, 2012, $38.5 million remains under the Company’s existing share repurchase authorization from the Company’s Board of Directors. This includes an incremental $25 million repurchase authorization approved by the board of directors on July 25, 2012. Share repurchases may be made on the open market or in privately negotiated transactions from time to time, subject to market conditions and trading restrictions. This authorization has no expiration and may be cancelled at any time. Full Article
Richardson Electronics Ltd Issues Q4 2012 Revenue Guidance Below Analysts' Estimates; Lowers FY 2012 Revenue Guidance-Conference Call
Richardson Electronics Ltd announced that for the fourth quarter of 2012, it expects sales to be in the range of $40 million to $43 million. For fiscal 2012, it expects sales to be in the range of $160 million to $163 million. According to I/B/E/S Estimates, analysts on average were expecting the Company to report revenues of $45 million for the fourth quarter of 2012 and $167 million for fiscal 2012. Full Article
Richardson Electronics Ltd Declares Cash Dividend
Richardson Electronics Ltd announced that its Board of Directors voted to declare a $0.05 dividend per share to all holders of common stock and a $0.045 cash dividend per share to all holders of Class B common stock. The dividend will be payable on May 29, 2012, to all common stockholders of record on May 16, 2012. Full Article
Richardson Electronics Ltd Declares Cash Dividend
Richardson Electronics Ltd announced that its Board of Directors voted to declare a $0.05 dividend per share to all holders of common stock and a $0.045 cash dividend per share to all holders of Class B common stock. The dividend will be payable on February 28, 2012, to all common stockholders of record on February 14, 2012. Full Article
Richardson, Schmidt fly to N. Korea Monday-reports
* Washington says trip ill-timed following missile launch

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