Richardson Electronics Reports Third Quarter Fiscal 2017 Results and Declares Quarterly Cash Dividend
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Richardson Electronics, Ltd. |
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Net Sales and Gross Profit |
For the Third Quarter and First Nine Months of Fiscal 2017 and Fiscal 2016
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| (in thousands) |
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By Strategic Business Unit:
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Net Sales | |
Q3 | | | | | | |
Q3 | | | | |
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FY 2017 | | | | | | |
FY 2016 | | |
% Change | |
| PMT | | $ | 24,763 | | | | | | | $ | 23,008 | | | 7.6 | % |
| Canvys | | | 4,824 | | | | | | | | 5,190 | | | -7.1 | % |
| Healthcare | | | 2,726 | | | | | | | | 3,093 | | | -11.9 | % |
| Total | | $ | 32,313 | | | | | | | $ | 31,291 | | | 3.3 | % |
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YTD | | | | | | |
YTD | | | | |
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FY 2017 | | | | | | |
FY 2016 | | |
% Change | |
| PMT | | $ | 75,373 | | | | | | | $ | 75,365 | | | 0.0 | % |
| Canvys | | | 14,883 | | | | | | | | 17,773 | | | -16.3 | % |
| Healthcare | | | 9,257 | | | | | | | | 9,310 | | | -0.6 | % |
| Total | | $ | 99,513 | | | | | | | $ | 102,448 | | | -2.9 | % |
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Gross Profit | |
Q3 | | |
% of Net | | | |
Q3 | | |
% of Net | |
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FY 2017 | | |
Sales | | | |
FY 2016 | | |
Sales | |
| PMT | | $ | 8,075 | | | 32.6 | % | | | $ | 7,140 | | | 31.0 | % |
| Canvys | | | 1,331 | | | 27.6 | % | | | | 1,204 | | | 23.2 | % |
| Healthcare | | | 1,286 | | | 47.2 | % | | | | 1,406 | | | 45.5 | % |
| Total | | $ | 10,692 | | | 33.1 | % | | | $ | 9,750 | | | 31.2 | % |
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Gross Profit | |
YTD | | |
% of Net | | | |
YTD | | |
% of Net | |
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FY 2017 | | |
Sales | | | |
FY 2016 | | |
Sales | |
| PMT | | $ | 23,803 | | | 31.6 | % | | | $ | 22,793 | | | 30.2 | % |
| Canvys | | | 4,222 | | | 28.4 | % | | | | 4,439 | | | 25.0 | % |
| Healthcare | | | 3,871 | | | 41.8 | % | | | | 4,215 | | | 45.3 | % |
| Total | | $ | 31,896 | | | 32.1 | % | | | $ | 31,447 | | | 30.7 | % |
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For Details Contact:
Edward J. Richardson
Chairman and CEO
Phone: (630) 208-2205
Robert J. Ben
EVP & CFO
(630) 208-2203
