Richardson Electronics Reports Third Quarter Fiscal 2019 Results and Declares Quarterly Cash Dividend


Richardson Electronics, Ltd.  
Net Sales and Gross Profit  
For the Third Quarter and First Nine Months of Fiscal 2019 and Fiscal 2018  
($ in thousands) 
                            
By Strategic Business Unit:                          
                             
Net Sales                            
    Q3 FY 2019           Q3 FY 2018   % Change  
PMT $29,725     $31,869  -6.7%
Canvys  6,954      7,585  -8.3%
Healthcare  2,339      2,191  6.8%
Total $39,018     $41,645  -6.3%
               
    YTD FY 2019           YTD FY 2018   % Change  
PMT $96,822     $91,056  6.3%
Canvys  20,625      20,057  2.8%
Healthcare  7,042      6,609  6.6%
Total  $ 124,489           $ 117,722     5.7 %
                             
                             
                             
Gross Profit      
    Q3 FY 2019   %   of   Net   Sales     Q3 FY 2018   % of Net Sales  
PMT   $ 9,406     31.6 %   $ 10,656     33.4 %
Canvys     2,281     32.8 %     2,571     33.9 %
Healthcare     612     26.2 %     840     38.3 %
Total   $ 12,299     31.5 %   $ 14,067     33.8 %
                             
    YTD FY 2019   %   of   Net   Sales     YTD FY 2018   %   of   Net   Sales  
PMT   $ 30,520     31.5 %   $ 30,492     33.5 %
Canvys     6,726     32.6 %     6,245     31.1 %
Healthcare     1,977     28.1 %     2,852     43.2 %
Total   $ 39,223     31.5 %   $ 39,589     33.6 %
                             

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