Richardson Electronics Q1 EPS $0.13 Beats $0.01 Estimate, Sales $54.607M Beat $51.510M Estimate

Richardson Electronics (NASDAQ:RELL) reported quarterly earnings of $0.13 per share which beat the analyst consensus estimate of $0.01 by 766.67 percent. This is a 225 percent increase over earnings of $0.04 per share from the same period last year. The company reported quarterly sales of $54.607 million which beat the analyst consensus estimate of $51.510 million by 6.01 percent. This is a 1.64 percent increase over sales of $53.725 million the same period last year.