Richardson Electronics Reports First Quarter Fiscal 2020 Net Income and Declares Quarterly Cash Dividend


Richardson Electronics, Ltd.
Net Sales and Gross Profit
For the First Quarter of Fiscal 2020 and Fiscal 2019
($ in thousands)
By Strategic Business Unit:                              
                                 
Net Sales                                
    Q1 FY 2020             Q1 FY 2019     % Change  
PMT $30,567      $34,769   -12.1%
Canvys  7,277       7,173   1.4%
Healthcare  2,809       2,215   26.8%
Total $ 40,653             $ 44,157       -7.9 %
                                 
Gross Profit                                
    Q1 FY 2020     %   of   Net   Sales     Q1 FY 2019     % of Net Sales  
PMT   $ 9,679       31.7 %   $ 11,007       31.7 %
Canvys     2,321       31.9 %     2,313       32.2 %
Healthcare     951       33.9 %     633       28.6 %
Total   $ 12,951       31.9 %   $ 13,953       31.6 %
                                 

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