RICHARDSON ELECTRONICS, LTD.
For the period ended Mar 1, 2025. Filed Apr 10, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 1, 2025 · Filed Apr 10, 2025
RELL$19.27-0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Consolidated Statements of Comprehensive (Loss) Income
| Three Months Ended | Nine Months Ended | |||
|---|---|---|---|---|
| March 1, 2025 | March 2, 2024 | March 1, 2025 | March 2, 2024 | |
| Net sales | $53,804 | $52,375 | $157,020 | $149,086 |
| Cost of sales | 37,131 | 36,939 | 108,595 | 103,844 |
| Gross profit | 16,673 | 15,436 | 48,425 | 45,242 |
| Selling, general and administrative expenses | 14,500 | 14,430 | 46,607 | 44,710 |
| (Gain) loss on disposal of property, plant and equipment | — | — | (4) | 70 |
| Loss on disposal of healthcare assets and related charges | 4,916 | — | 4,916 | — |
| Operating (loss) income | (2,743) | 1,006 | (3,094) | 462 |
| Other expense (income): | ||||
| Interest income | (84) | (67) | (187) | (224) |
| Foreign exchange loss | 456 | 101 | 616 | 347 |
| Other, net | (27) | (7) | (28) | 43 |
| Total other expense | 345 | 27 | 401 | 166 |
| (Loss) income before income taxes | (3,088) | 979 | (3,495) | 296 |
| Income tax (benefit) provision | (1,031) | 229 | (1,277) | 116 |
| Net (loss) income | (2,057) | 750 | (2,218) | 180 |
| Foreign currency translation (loss) gain, net of tax | (702) | (205) | (1,814) | 385 |
| Comprehensive (loss) income | $(2,759) | $545 | $(4,032) | $565 |
| Net (loss) income per share: | ||||
| Common shares - Basic | $(0.15) | $0.05 | $(0.16) | $0.01 |
| Class B common shares - Basic | (0.13) | 0.05 | (0.14) | 0.01 |
| Common shares - Diluted | (0.15) | 0.05 | (0.16) | 0.01 |
| Class B common shares - Diluted | (0.13) | 0.05 | (0.14) | 0.01 |
| Weighted average number of shares: | ||||
| Common shares – Basic | 12,333 | 12,227 | 12,283 | 12,208 |
| Class B common shares – Basic | 2,049 | 2,052 | 2,049 | 2,052 |
| Common shares – Diluted | 12,333 | 12,445 | 12,283 | 12,480 |
| Class B common shares – Diluted | 2,049 | 2,052 | 2,049 | 2,052 |
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