Richardson Electronics Reports Third Quarter Fiscal 2020

Richardson Electronics Reports Third Quarter Fiscal 2020 Operating Profit and Declares Quarterly Cash Dividend

Richardson Electronics, Ltd. Net Sales and Gross Profit For the Third Quarter and First Nine Months of Fiscal 2020 and Fiscal 2019 ($ in thousands)

By Strategic Business Unit:

Net Sales
	Q3 FY 2020					Q3 FY 2019		% Change
PMT	$	28,988				$	29,725		-2.5	%
Canvys		7,200					6,954		3.5	%
Healthcare		2,061					2,339		-11.9	%
Total	$	38,249				$	39,018		-2.0	%

	YTD FY 2020					YTD FY 2019		% Change
PMT	$	89,158				$	96,822		-7.9	%
Canvys		22,333					20,625		8.3	%
Healthcare		7,045					7,042		0.0	%
Total	$	118,536				$	124,489		-4.8	%



Gross Profit
	Q3 FY 2020		% of Net Sales			Q3 FY 2019		% of Net Sales
PMT	$	9,519		32.8	%	$	9,406		31.6	%
Canvys		2,362		32.8	%		2,281		32.8	%
Healthcare		789		38.3	%		612		26.2	%
Total	$	12,670		33.1	%	$	12,299		31.5	%

	YTD FY 2020		% of Net Sales			YTD FY 2019		% of Net Sales
PMT	$	28,547		32.0	%	$	30,520		31.5	%
Canvys		7,268		32.5	%		6,726		32.6	%
Healthcare		2,486		35.3	%		1,977		28.1	%
Total	$	38,301		32.3	%	$	39,223		31.5	%