Benzinga | Jul 21, 2021 05:12PM EDT

CORRECTION: Richardson Electronics Q4 EPS $0.14 Up From $(0.10) YoY, Sales $50.47M Beat $37.36M Estimate

Richardson Electronics (NASDAQ:RELL) reported quarterly earnings of $0.14 per share. This is a 240 percent increase over losses of $(0.10) per share from the same period last year. The company reported quarterly sales of $50.47 million which beat the analyst consensus estimate of $37.36 million by 35.10 percent. This is a 35.09 percent increase over sales of $37.36 million the same period last year.