Richardson Electronics shattered expectations with a blockbuster second-quarter report, smashing analyst forecasts on both sales and earnings per share. Sales surged 27% YoY to over $66 million, fueled by booming demand in power, microwave tech, and green energy—plus a record-breaking Canvys division. After years of losses, their operating margin finally turned positive, and a 22% jump in backlog signals strong future demand. The stock rocketed 17% post-earnings, but next year’s growth outlook is more modest, hinting that while this quarter was a win, the long-term momentum may be more measured.
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