RELL Richardson Electronics

Richardson Electronics Ltd. engages in the provision of engineered solutions and distributes electronic components to the electron device marketplace. It operates through the following segments: Power and Microwave Technologies Group (PMT), Canvys and Healthcare. The PMT segment provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair-all through its existing global infrastructure. The Canvys segment offers customized display solutions serving the corporate enterprise, financial, healthcare, industrial, and medical original equipment manufacturers markets. The Healthcare segment manufactures, refurbishes, and distributes replacement parts for the healthcare market including hospitals, medical centers, asset management companies, independent service organizations, and multi-vendor service providers. The company was founded on May 31, 1947 and is headquartered in LaFox, IL.
Company profile
Ticker
RELL
Exchange
Website
CEO
Edward J. Richardson
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
362096643
RELL stock data
()
News
Richardson Electronics Reports Availability Of 2 Quantum Microwave's Newest Components: 'a cryogenic bias tee and a cryogenic choke'
14 Apr 21
12 Information Technology Stocks Moving In Thursday's Pre-Market Session
8 Apr 21
20 Stocks Moving in Thursday's Pre-Market Session
8 Apr 21
Richardson Electronics Q3 EPS $0.14 Up From $(0.01) YoY, Sales $45.20M Beat $37.36M Estimate
7 Apr 21
20 Stocks Moving in Wednesday's Pre-Market Session
7 Apr 21
Press releases
Richardson Electronics Highlights New UnitedSiC FET-Jet Calculator
8 Apr 21
Richardson Electronics Ltd. to Host Earnings Call
8 Apr 21
Richardson Electronics Reports Third Quarter Fiscal 2021 Net Income of $0.2 Million and Non-GAAP Net Income* of $1.8 Million; Declares Quarterly Cash Dividend
7 Apr 21
Richardson Electronics Announces Date of Third Quarter Fiscal Year 2021 Conference Call
31 Mar 21
Canvys Announces New 15.6 inch Display with FHD Resolution
30 Mar 21
Calendar
8 Apr 21
22 Apr 21
29 May 21
Financial summary
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Feb 21 | Nov 20 | Aug 20 | May 20 | |
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May 20 | May 19 | Jun 18 | May 17 | |
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Financial data from company earnings reports.
Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 38.41M | 38.41M | 38.41M | 38.41M | 38.41M | 38.41M |
Cash burn (monthly) | (positive/no burn) | (positive/no burn) | (positive/no burn) | 95.5K | (positive/no burn) | (positive/no burn) |
Cash used (since last report) | n/a | n/a | n/a | 178.73K | n/a | n/a |
Cash remaining | n/a | n/a | n/a | 38.23M | n/a | n/a |
Runway (months of cash) | n/a | n/a | n/a | 400.3 | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
19 Apr 21 | Ben Robert J | Common Stock | Sell | Dispose S | No | No | 7.75 | 2 | 15.5 | 35,162 |
19 Apr 21 | Ben Robert J | Common Stock | Sell | Dispose S | No | No | 7.7447 | 468 | 3.62K | 35,164 |
19 Apr 21 | Ben Robert J | Common Stock | Sell | Dispose S | No | No | 7.74 | 1,298 | 10.05K | 35,632 |
19 Apr 21 | Ben Robert J | Common Stock | Option exercise | Aquire M | No | No | 5.49 | 1,768 | 9.71K | 36,930 |
19 Apr 21 | Ben Robert J | Employee Stock Option Common Stock | Option exercise | Dispose M | No | No | 5.49 | 1,768 | 9.71K | 1,500 |
19 Apr 21 | Kluge Robert H | Common Stock | Buy | Aquire P | No | No | 7.3 | 5,000 | 36.5K | 10,000 |
16 Apr 21 | Kluge Robert H | Common Stock | Buy | Aquire P | No | No | 7.3 | 5,000 | 36.5K | 5,000 |
15 Apr 21 | Benham James | Common Stock | Buy | Aquire P | No | No | 7.25 | 100 | 725 | 5,000 |
15 Apr 21 | Benham James | Common Stock | Buy | Aquire P | No | No | 7.235 | 4,900 | 35.45K | 4,900 |
13 Apr 21 | Ben Robert J | Common Stock | Sell | Dispose S | No | No | 7.55 | 522 | 3.94K | 35,162 |
Institutional ownership Q4 2020
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
56.5% owned by funds/institutions
13F holders |
Current |
---|---|
Total holders | 29 |
Opened positions | 7 |
Closed positions | 3 |
Increased positions | 6 |
Reduced positions | 9 |
13F shares |
Current |
---|---|
Total value | 29.55M |
Total shares | 6.27M |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners |
Shares | Value |
---|---|---|
Royce & Associates | 1.03M | $4.84M |
Renaissance Technologies | 902.98K | $4.25M |
Dimensional Fund Advisors | 812.54K | $3.83M |
Chain of Lakes Investment Fund | 735.59K | $3.47M |
Mutual Of America Capital Management | 679.23K | $3.2M |
Vanguard | 433.35K | $2.04M |
BLK Blackrock | 358.74K | $1.69M |
BEN Franklin Resources | 187.5K | $883K |
Ancora Advisors | 187.36K | $882K |
First Wilshire Securities Management | 174.37K | $821K |
Financial report summary
?Risks
- We may not achieve our plan for sales growth and margin targets.
- We have historically incurred significant charges for inventory obsolescence, and may incur similar charges in the future.
- We face competitive pressures that could have a material adverse effect on our business.
- A single stockholder has voting control over us.
- We are dependent on a limited number of vendors to supply us with essential products.
- International operations represent a significant percentage of our business and present a variety of risks that could impact our results.
- The withdrawal by the United Kingdom from the European Union could have a material adverse effect on our business, financial position, liquidity and results of operations.
- We rely heavily on information technology systems that, if not properly functioning, could materially adversely affect our business.
- Our products may be found to be defective or our services performed may result in equipment or product damage and, as a result, warranty and/or product liability claims may be asserted against us.
- Substantial defaults by our customers on our accounts receivable or the loss of significant customers could have a significant negative impact on our business.
- Failure to successfully implement our growth initiatives, or failure to realize the benefits expected from these initiatives if implemented, may create ongoing operating losses or otherwise adversely affect our business, operating results and financial condition.
- We may not be successful in identifying, consummating and integrating future acquisitions.
- Economic weakness and uncertainty could adversely affect our revenues and gross margins.
- Major disruptions to our logistics capability or to the operations of our key vendors or customers could have a material adverse impact on our operations.
- We may be subject to intellectual property rights claims, which are costly to defend, could require payment of damages or licensing fees, and/or could limit our ability to use certain technologies in the future.
- If we fail to maintain an effective system of internal controls or discover material weaknesses in our internal controls over financial reporting, we may not be able to detect fraud or report our financial results accurately or timely.
- If we are deemed to be an investment company, we will be required to meet burdensome compliance requirements and restrictions on our activities.
- The company recorded a non-cash impairment charge for the full value of our goodwill and there remains the risk of possible additional future identifiable intangible asset impairment, which could reduce the value of our assets and reduce our net income in the year in which the write-off occurs.
Content analysis
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Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
8th grade Avg
|
New words:
admit, Device, forward, half, matter, settle, settlement
Removed:
ASU, characterization, estimable, extended, lawsuit, merit, movement, prepaid, rate, statutory
Financial reports
10-Q
2021 Q3
Quarterly report
8 Apr 21
10-Q
2021 Q2
Quarterly report
7 Jan 21
10-Q
2021 Q1
Quarterly report
8 Oct 20
10-K
2020 FY
Annual report
3 Aug 20
10-Q
2020 Q3
Quarterly report
9 Apr 20
10-Q
2020 Q2
Quarterly report
9 Jan 20
10-Q
2020 Q1
Quarterly report
10 Oct 19
10-K
2019 FY
Annual report
5 Aug 19
10-Q
2019 Q3
Quarterly report
11 Apr 19
10-Q
2019 Q2
Quarterly report
10 Jan 19
Current reports
8-K
Results of Operations and Financial Condition
7 Apr 21
8-K
Departure of Directors or Certain Officers
8 Mar 21
8-K
Results of Operations and Financial Condition
6 Jan 21
8-K
Results of Operations and Financial Condition
7 Oct 20
8-K
Results of Operations and Financial Condition
22 Jul 20
8-K
Results of Operations and Financial Condition
8 Apr 20
8-K
Results of Operations and Financial Condition
8 Jan 20
8-K
Results of Operations and Financial Condition
9 Oct 19
8-K
Results of Operations and Financial Condition
24 Jul 19
8-K
Departure of Directors or Certain Officers
14 Mar 19
Registration and prospectus
S-8
Registration of securities for employees
8 Oct 20
S-8
Registration of securities for employees
17 Oct 18
S-8
Registration of securities for employees
2 Aug 15
S-8
Registration of securities for employees
26 Jul 12
POS AM
Prospectus update (post-effective amendment)
20 Nov 07
S-8
Registration of securities for employees
22 Oct 07
S-8
Registration of securities for employees
22 Oct 07
424B3
Prospectus supplement
10 Oct 07
424B3
Prospectus supplement
3 Sep 07
POS AM
Prospectus update (post-effective amendment)
28 Aug 07
Proxies
DEFA14A
Additional proxy soliciting materials
24 Aug 20
DEF 14A
Definitive proxy
24 Aug 20
DEFA14A
Additional proxy soliciting materials
26 Aug 19
DEF 14A
Definitive proxy
26 Aug 19
DEFA14A
Additional proxy soliciting materials
16 Sep 18
DEF 14A
Definitive proxy
23 Aug 18
DEFA14A
Additional proxy soliciting materials
27 Aug 17
DEFR14A
Revised proxy
27 Aug 17
DEF 14A
Definitive proxy
23 Aug 17
DEFA14A
Additional proxy soliciting materials
23 Aug 17
Other
SD
Conflict minerals disclosure
29 May 20
SD
Conflict minerals disclosure
31 May 19
SD
Conflict minerals disclosure
31 May 18
SD
Conflict minerals disclosure
29 May 17
SD
Conflict minerals disclosure
30 May 16
SD
Conflict minerals disclosure
31 May 15
SD
Conflict minerals disclosure
1 Jun 14
UPLOAD
Letter from SEC
15 Dec 10
UPLOAD
Letter from SEC
15 Dec 10
CORRESP
Correspondence with SEC
8 Dec 10
Ownership
4
RICHARDSON ELECTRONICS / ROBERT H KLUGE ownership change
20 Apr 21
4
RICHARDSON ELECTRONICS / Robert J Ben ownership change
20 Apr 21
4
RICHARDSON ELECTRONICS / James Benham ownership change
19 Apr 21
4
RICHARDSON ELECTRONICS / Robert J Ben ownership change
15 Apr 21
SC 13G/A
RICHARDSON ELECTRONICS / DIMENSIONAL FUND ADVISORS ownership change
15 Feb 21
SC 13G/A
RICHARDSON ELECTRONICS / RENAISSANCE TECHNOLOGIES ownership change
11 Feb 21
SC 13G/A
RICHARDSON ELECTRONICS / BML Investment Partners ownership change
10 Feb 21
SC 13G/A
RICHARDSON ELECTRONICS / Chain of Lakes Investment Fund ownership change
5 Feb 21
SC 13G/A
RICHARDSON ELECTRONICS / RICHARDSON EDWARD J ownership change
4 Feb 21
SC 13G
RICHARDSON ELECTRONICS / MUTUAL OF AMERICA CAPITAL MANAGEMENT ownership change
1 Feb 21
Transcripts
2021 Q3
Earnings call transcript
8 Apr 21
2021 Q2
Earnings call transcript
7 Jan 21
2021 Q1
Earnings call transcript
8 Oct 20
2021 Q1
Earnings call transcript
8 Oct 20
2020 Q4
Earnings call transcript
23 Jul 20
2020 Q3
Earnings call transcript
10 Apr 20
2020 Q2
Earnings call transcript
9 Jan 20
2020 Q1
Earnings call transcript
10 Oct 19
2019 Q4
Earnings call transcript
26 Jul 19
2019 Q3
Earnings call transcript
11 Apr 19
Reddit threads
Daily General Discussion and spitballin thread - April 08, 2021
8 Apr 21
Daily Discussion Thread - April 7th, 2021
7 Apr 21
Daily Discussion Thread - April 6th, 2021
6 Apr 21
Daily Discussion Thread - April 5th, 2021
5 Apr 21
Daily Discussion Thread - February 4th, 2021
4 Feb 21
Daily Discussion Thread - January 6th, 2021
6 Jan 21
Daily Discussion Thread - January 5th, 2021
5 Jan 21
Daily Discussion Thread - January 4th, 2021
4 Jan 21
Daily Discussion Thread - November 5th, 2020
5 Nov 20
Daily Discussion Thread - November 4th, 2020
4 Nov 20