Richardson Electronics Reports Third Quarter Fiscal 2022 Net Income of $2.9 Million and Declares Quarterly Cash Dividend

Richardson Electronics, Ltd. 
Unaudited Net Sales and Gross Profit
For the Third Quarter and First Nine Months of Fiscal 2022 and 2021
($ in thousands)

By Strategic Business Unit:               
                
Net Sales               
  Q3 FY 2022       Q3 FY 2021   % Change 
PMT$44,032      $35,237   25.0%
Canvys 8,141       7,078   15.0%
Healthcare 3,135       2,920   7.4%
Total$55,308      $45,235   22.3%
                   
  YTD FY 2022             YTD FY 2021     % Change  
PMT $ 128,778             $ 98,418       30.8 %
Canvys   25,732               20,491       25.6 %
Healthcare   8,481               7,556       12.2 %
Total $ 162,991             $ 126,465       28.9 %
                               
                               
                               
Gross Profit    
  Q3 FY 2022     % of Net Sales     Q3 FY 2021     % of Net Sales  
PMT $ 14,163       32.2 %   $ 12,308       34.9 %
Canvys   2,618       32.2 %     2,493       35.2 %
Healthcare   788       25.1 %     965       33.0 %
Total $ 17,569       31.8 %   $ 15,766       34.9 %
                               
  YTD FY 2022     % of Net Sales     YTD FY 2021     % of Net Sales  
PMT $ 41,080       31.9 %   $ 33,530       34.1 %
Canvys   8,348       32.4 %     7,156       34.9 %
Healthcare   2,095       24.7 %     1,782       23.6 %
Total $ 51,523       31.6 %   $ 42,468       33.6 %

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