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Richardson Electronics shares surge 22.90% intraday after beating Q1 earnings and revenue estimates.
ByAinvest
Thursday, Oct 9, 2025 9:44 am ET1min read
Richardson Electronics, Ltd. surged 22.90% intraday, driven by better-than-expected first-quarter earnings and a dividend announcement. The company reported earnings of $0.13 per share, exceeding estimates by $0.01, and revenue of $54.607 million, above the expected $51.51 million. Richardson Electronics, a distributor of electronic components, also announced a $0.06 per share dividend on October 8, 2025, with an ex-dividend date set for November 7, 2025.
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