Richardson Electronics reports Q2 EPS (5c), consensus (2c)

Reports Q2 revenue $49.49M, consensus $51.31M. “Our second quarter results included new program wins and continued improvement in demand across our GES and PMT markets. These trends drove a 129%, or $3.4 million year-over-year increase in GES sales and an 85% increase in sales to our semi-conductor wafer fab customers. While Canvys sales declined by $0.4 million year-over-year, we expect a pick-up in Canvys sales for the remainder of fiscal 2025,” said Edward Richardson, chairman, CEO, and president.

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