RICHARDSON ELECTRONICS, LTD.

Richardson Electronics, Ltd. announced a new global strategic partnership with NoMIS Power, a designer of advanced silicon carbide (SiC) power semiconductor technologies. This collaboration will expand Richardson Electronics' portfolio of next-generation power solutions, adding capabilities across 1.2 kV to 10 kV, with a focus on medium- and high-voltage SiC solutions. The partnership is expected to accelerate the adoption of high-performance SiC technologies in key growth markets such as battery energy storage, renewable energy, and AI data centers, strengthening Richardson Electronics' position in electrification and power conversion applications.

Richardson Electronics, Ltd. announced a new technology partnership with Gotion Inc. to bring large-scale battery energy storage systems (BESS) to the multi-billion dollar U.S. market. This collaboration between the two Illinois-based companies aims to meet the rapidly growing demand for energy storage across commercial and industrial (C&I) and utility-scale applications. They will introduce 760-kWh and 5 MWh BESS platforms, manufactured in Manteno, Illinois, to help customers manage electricity costs, improve energy usage control, and enhance grid resilience.

Richardson Electronics, Ltd. announced its participation in the 16th Annual LD Micro Invitational, taking place on May 18-19, 2026. Chairman and CEO Edward Richardson, along with COO Wendy Diddell, are scheduled to present on Monday, May 18, 2026, at 9:30 AM PT. A live webcast will be available for those interested in attending virtually.

Canvys, a division of Richardson Electronics, announced the expansion of its 4K display platform for medical applications by introducing a new 32-inch monitor. This addition strengthens the company's scalable platform strategy, offering a larger viewing area for advanced medical environments requiring enhanced visualization and improved image clarity. The monitor features Ultra HD resolution of 3840 2160, high color accuracy, and wide viewing angles, and complies with IEC 60601 standards for regulated medical environments. It is customizable to meet specific OEM requirements, supporting applications like robotic-assisted surgery and medical imaging.

Richardson Electronics, Ltd. announced the expansion of its LaserSlat SAVER ™ product into Brazil, making it available to customers in the region. This eco-friendly solution is designed to reduce downtime, improve cut quality, and extend the lifespan of laser-cutting tables by efficiently cleaning slats and minimizing slag buildup. The company aims to provide a highly effective productivity solution to one of Latin America's largest manufacturing markets, leading to reduced operational costs and increased machine uptime for fabricators.

Richardson Electronics, Ltd. announced its financial results for the third quarter of fiscal year 2026, reporting a net income of $0.9 million, which translates to $0.07 per diluted share. The company experienced an overall increase in net sales, significantly driven by a 9.7% year-over-year growth in its Power & Microwave Technologies (PMT) segment. Furthermore, the total backlog at the end of the quarter, February 28, 2026, showed a robust increase of 11.4% compared to the previous fiscal quarter, signaling positive future revenue potential. The company also declared a quarterly cash dividend.