Richardson Electronics Q1 EPS $0.27 Beats $0.09 Estimate, Sales $64.923M Beat $58.985M Estimate

Richardson Electronics (NASDAQ: RELL) reported Q1 earnings of $0.27 per share, surpassing the analyst estimate of $0.09 by 200%, and reflecting a 107.69% increase from $0.13 per share in the same quarter last year. The company also achieved quarterly sales of $64.923 million, exceeding the expected $58.985 million by 10.07%, and marking an 18.89% increase from $54.607 million in the previous year.