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


Richardson Electronics, Ltd.  
Net Sales and Gross Profit  
For the Fourth Quarter and Fiscal 2019 and Fiscal 2018  
($ in thousands) 
                            
By Strategic Business Unit:                      
                             
Net Sales                            
    Q4 FY 2019           Q4 FY 2018   % Change  
PMT $32,080     $37,240  -13.9%
Canvys  7,343      6,626  10.8%
Healthcare  2,740      1,624   68.7 %
Total   $ 42,163           $ 45,490     -7.3 %
                             
    YTD FY 2019           YTD FY 2018   % Change  
PMT   $ 128,902           $ 128,296     0.5 %
Canvys     27,968             26,683     4.8 %
Healthcare     9,782             8,233     18.8 %
Total   $ 166,652           $ 163,212     2.1 %
                             
Gross Profit      
    Q4 FY 2019   %   of   Net   Sales     Q4 FY 2018   % of Net Sales  
PMT   $ 9,734     30.3 %   $ 12,762     34.3 %
Canvys     2,359     32.1 %     2,165     32.7 %
Healthcare     419     15.3 %     566     34.9 %
Total   $ 12,512     29.7 %   $ 15,493     34.1 %
                             
    YTD FY 2019   %   of   Net   Sales     YTD FY 2018   %   of   Net   Sales  
PMT   $ 40,254     31.2 %   $ 43,254     33.7 %
Canvys     9,085     32.5 %     8,410     31.5 %
Healthcare     2,396     24.5 %     3,418     41.5 %
Total   $ 51,735     31.0 %   $ 55,082     33.7 %
                             

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