Richardson Electronics Strategic Business Overview
Financial Results
$60,000
$55,000
$50,000
Total Sales
($ in thousands)
$45,000
$40,000
FY21 Q3
FY21 Q4
FY22 Q1
FY22 Q2
FY22 Q3
GAAP Net Income
($ in thousands)
$5,000
$4,000
$3,000
$2,000
$1,000
$-
FY21 Q3
FY21 Q4
FY22 Q1
FY22 Q2
FY22 Q3
Investor Presentation | © Richardson Electronics, Ltd.
•
Richardson
Electronics
Net sales for the third quarter of fiscal 2022
increased to $55.3 million, up 22.3%
compared to net sales of $45.2 million in the
prior year's third quarter due to higher net
sales across all three business units.
• Net income improved significantly on a year-
over-year basis as a result of higher sales and
lower SG&A expenses.
Net income was $2.9 million or 5.2% of net
sales for the third quarter of fiscal 2022 as
compared to a net income of $0.2 million or
0.5% of net sales in the third quarter of fiscal
2021.
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