Benzinga | Oct 7, 2020 05:06PM EDT

Richardson Electronics Q1 EPS $(0.09) Down From $0.01 YoY, Sales $38.81M Beat $37.36M Estimate

Richardson Electronics (NASDAQ:RELL) reported quarterly losses of $(0.09) per share. This is a 1000 percent decrease over earnings of $0.01 per share from the same period last year. The company reported quarterly sales of $38.81 million which beat the analyst consensus estimate of $37.36 million by 3.89 percent. This is a 4.53 percent decrease over sales of $40.65 million the same period last year.