# Richardson Electronics Reports 19% Jump in Q1 Sales and Higher Earnings

- URL: https://stocks.freetheai.org/news/richardson-electronics-reports-19-jump-in-q1-sales-and-higher-earnings-213aaa
- Published: 2026-10-07T20:15:00Z
- Category: earnings; sentiment: bullish; impact: medium
- Symbols: [NASDAQ:RELL](https://stocks.freetheai.org/symbols/NASDAQ-RELL)
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Richardson Electronics, Ltd. (RELL) reported net sales of $64.9 million for the first quarter of fiscal year 2027, representing an 18.9% increase compared to the same period last year. The company's diluted earnings per share rose to $0.27, up from $0.13 in the prior year's first quarter. Additionally, the company's backlog grew by 36.9% year-over-year to reach $184.4 million, and the board of directors declared a quarterly dividend of $0.06 per share.

The strong financial results show accelerating top-line demand and a significant boost to profitability, with earnings per share more than doubling. Margins also improved, with the gross margin climbing to 34.6% from 31.0% in the previous year, helped in part by a 1.7% benefit from a tariff refund. Furthermore, the company generated $4.2 million in free cash flow, which helps support its ongoing operations and dividend payments.

Investors should monitor how effectively the company converts its growing $184.4 million backlog into recognized revenue in the coming quarters. It will also be important to watch whether Richardson Electronics can sustain its gross margin expansion and profitability without the aid of one-time benefits like the tariff refund.

## Key points

- Richardson Electronics reported first-quarter net sales of $64.9 million, an 18.9% increase year-over-year.
- Diluted earnings per share rose to $0.27, up from $0.13 in the same quarter last year.
- The company's backlog increased by 36.9% year-over-year to $184.4 million.
- Gross margin expanded to 34.6%, which included a 1.7% benefit from a tariff refund.
- The company declared a quarterly dividend of $0.06 per share and generated $4.2 million in free cash flow.

## Questions and answers

### What were Richardson Electronics' Q1 sales and earnings?

Richardson Electronics reported net sales of $64.9 million for the first quarter of fiscal 2027, up 18.9% year-over-year. Diluted earnings per share rose to $0.27, more than doubling the $0.13 reported in the same period last year.

### How much is the Richardson Electronics dividend?

The board of directors declared a quarterly dividend of $0.06 per share.

### What was Richardson Electronics' backlog in Q1?

The company's backlog grew by 36.9% year-over-year to $184.4 million, providing visibility into future revenue.