Richardson Electronics Reports Third Quarter Fiscal 2017 Results and Declares Quarterly Cash Dividend


Richardson Electronics, Ltd.
Net Sales and Gross Profit
For the Third Quarter and First Nine Months of Fiscal 2017 and Fiscal 2016
(in thousands)
              
              
By Strategic Business Unit:                
              
Net Sales  Q3       Q3    
   FY 2017       FY 2016   % Change 
PMT $24,763      $23,008  7.6%
Canvys  4,824       5,190  -7.1%
Healthcare  2,726       3,093  -11.9%
Total $32,313      $31,291  3.3%
              
   YTD       YTD    
   FY 2017       FY 2016   % Change 
PMT $75,373      $75,365  0.0%
Canvys  14,883       17,773  -16.3%
Healthcare  9,257       9,310  -0.6%
Total $ 99,513             $ 102,448     -2.9 %
                           
Gross Profit   Q3     % of Net       Q3     % of Net  
    FY 2017     Sales       FY 2016     Sales  
PMT   $ 8,075     32.6 %     $ 7,140     31.0 %
Canvys     1,331     27.6 %       1,204     23.2 %
Healthcare     1,286     47.2 %       1,406     45.5 %
Total   $ 10,692     33.1 %     $ 9,750     31.2 %
                           
Gross Profit   YTD     % of Net       YTD     % of Net  
    FY 2017      Sales       FY 2016     Sales  
PMT   $ 23,803     31.6 %     $ 22,793     30.2 %
Canvys     4,222     28.4 %       4,439     25.0 %
Healthcare     3,871     41.8 %       4,215     45.3 %
Total   $ 31,896     32.1 %     $ 31,447     30.7 %
                           
 For  Details  Contact:	
Edward  J.  Richardson
Chairman  and  CEO
Phone:  (630)  208-2205

Robert  J.  Ben
EVP  &  CFO
(630)  208-2203 

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