Richardson Electronics Q4 2026 Earnings Release and Dividend Declaration

Richardson Electronics reported strong fourth quarter and fiscal 2026 results with Q4 net sales increasing 27.6% year-over-year to $66.2 million, marking the eighth consecutive quarter of year-over-year sales growth. Q4 GAAP net income surged 244.4% to $3.7 million ($0.25 per diluted share). Full-year net sales grew 9.4% to $228.6 million, with net income of $6.4 million compared to a net loss of $1.1 million in fiscal 2025. Backlog reached $164.4 million, the highest level in three years, with growth across all business units including Power and Microwave Technologies, Green Energy Solutions, and Canvys. The company declared a $0.06 per share quarterly cash dividend payable August 26, 2026. Management highlighted strong demand in semiconductor wafer fabrication equipment markets and improved operating performance, with the company maintaining a solid financial position with $31.8 million in cash and no debt on its revolving credit facility.