Richardson Electronics (RELL) Beats Q1 Earnings and Revenue Estimates

Richardson Electronics (RELL) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of$ 0.02 per share. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +550.00%. A quarter ago, it was expected that this electronic components and communication products company would post earnings of$ 0.05 per share when it actually produced earnings of $0.12, delivering a su ...