Richardson Electronics Q3 EPS $0.07 Beats $0.04 Estimate, Sales $55.472M Beat $53.125M Estimate

Richardson Electronics (NASDAQ:RELL) reported quarterly earnings of $0.07 per share which beat the analyst consensus estimate of $0.04 by 40 percent. This is a 36.36 percent decrease over earnings of $0.11 per share from the same period last year. The company reported quarterly sales of $55.472 million which beat the analyst consensus estimate of $53.125 million by 4.42 percent. This is a 3.10 percent increase over sales of $53.804 million the same period last year.