Richardson Electronics Reports First Quarter Results; Declares Quarterly Cash Dividend

 
Richardson Electronics, Ltd.
Unaudited Net Sales and Gross Profit
For the First Quarter of Fiscal 2025 and 2024
($ in thousands)
By Strategic Business Unit
 
Net Sales  Three Months Ended   FY25 vs. FY24
% Change
 
   August 31, 2024   September 2, 2023   
PMT $34,202  $35,744   -4.3%
GES  8,086   4,394   84.0%
Canvys  7,638   9,889   -22.8%
Healthcare  3,799   2,554   48.7%
Total $53,725  $52,581   2.2%


Gross Profit  Three Months Ended 
   August 31, 2024     % of Net Sales     September 2, 2023     % of Net Sales  
PMT   $ 10,202       29.8 %   $ 11,511       32.2 %
GES     2,374       29.4 %     1,580       36.0 %
Canvys     2,621       34.3 %     3,365       34.0 %
Healthcare     1,229       32.4 %     808       31.6 %
Total   $ 16,426       30.6 %   $ 17,264       32.8 %



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