Richardson Electronics Q2 2025 Earnings Report

Richardson Electronics reported Q2 2025 results with increased net sales and growth in GES and PMT segments.

Key Takeaways

Richardson Electronics reported a 12.1% increase in net sales for Q2 FY25, driven by strong growth in the Green Energy Solutions (GES) and Power and Microwave Technologies Group (PMT) segments. The company ended the quarter with a solid financial position, including $26.6 million in cash and cash equivalents and no debt. Management expects continued sales growth and higher profitability for FY25.

Net sales increased by 12.1% year-over-year, driven by growth in GES and PMT segments.

GES net sales increased by 129% compared to Q2 FY24, driven by higher sales of wind turbine battery modules.

Company ended Q2 with $26.6 million in cash and cash equivalents and no debt.

Management expects year-over-year sales growth and higher profitability for FY25.

Total Revenue

$49.5M

Previous year: $44.1M

+12.1%

EPS

-$0.05

Previous year: -$0.13

-61.5%