RICHARDSON ELECTRONICS, LTD.

Richardson Electronics, Ltd. announced its participation in the Midwest IDEAS Investor Conference on August 26, 2026, in Chicago. Chairman and CEO Edward J. Richardson, along with COO Wendy Diddell, will deliver a formal presentation and engage in one-on-one meetings with investors. The presentation, scheduled for 3:00 P.M. ET, will also be available via webcast on the conference host's and the company's investor relations websites.

Richardson Electronics, Ltd. announced the expansion of its Richardson Energy Storage Solutions (RESS™) branded portfolio with the introduction of the RESS211 and RESS422 commercial battery energy storage systems. This addition broadens the company's offerings for commercial and industrial applications, providing scalable solutions for peak demand management, backup power, and renewable energy integration. The expansion reinforces Richardson Electronics' strategy to deliver engineered energy storage solutions backed by its nearly 80 years of expertise.

Richardson Electronics, Ltd. completed the divestment of a substantial portion of its Healthcare business assets to DirectMed Imaging, LLC on January 24, 2025. Following this, the company entered into an exclusive 10-year global supply agreement with DirectMed for repaired Siemens CT X-ray tubes. Effective June 1, 2025, the company also realigned its operating segments from four to three: Power and Microwave Technologies (PMT), Green Energy Solutions (GES), and Canvys. The 10-K filing also details customer and supplier concentration risks, with one PMT customer accounting for 14% of fiscal 2026 net sales and two suppliers each exceeding 10% of the cost of sales.

Richardson Electronics, Ltd. reported strong financial results for its fourth quarter and fiscal year ended May 30, 2026. Fourth-quarter net sales increased 27.6% to $66.2 million, with GAAP net income surging 244.4% to $3.7 million, or $0.25 per diluted share. For the full fiscal year 2026, net sales grew 9.4% to $228.6 million, and net income reached $6.4 million, or $0.44 per diluted share. The company also announced a quarterly cash dividend of $0.06 per share and reported its highest backlog in three years at $164.4 million.

Richardson Electronics reported strong financial results for its fourth quarter and fiscal year ended May 30, 2026. Fourth quarter net sales rose 27.6% to $66.2 million, with GAAP net income surging 244.4% to $3.7 million, or $0.25 per diluted share. For the full fiscal year, net sales increased 9.4% to $228.6 million, and the company achieved a net income of $6.4 million, reversing a loss from the previous year. The company also announced a quarterly cash dividend of $0.06 per share and noted its backlog reached a three-year high of $164.4 million.

Richardson Electronics, Ltd. announced it will release its financial results for the fourth quarter ended May 30, 2026, after the close of business on Wednesday, July 22, 2026. Following the release, Chairman and CEO Edward J. Richardson and CFO Robert J. Ben will host a conference call on Thursday, July 23, 2026, at 9:00 a.m. Central Time to discuss the results. A replay of the call will be available for seven days starting July 23, 2026, at 1:00 p.m. Central Time.

Richardson Electronics, Ltd. announced it has been selected by C-Motive Technologies as its manufacturing partner for the commercialization of C-Motive's innovative ZeroMag® motor platform and Cascade H-Bridge medium voltage drive system. Under the agreement, Richardson Electronics will provide comprehensive services including design-for-manufacturing, engineering support, pilot production, and volume manufacturing for C-Motive’s proprietary motor drive controller. Commercial production is anticipated to commence in calendar year 2027, leveraging Richardson's expertise in electro-mechanical assembly and advanced testing.

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.