Richardson Electronics (RELL) reported fiscal Q1 earnings late Wednesday of $0.27 per diluted common share, up from $0.13 a year earlier.
Two analysts surveyed by FactSet expected $0.09.
Net sales for the three months ended Aug. 29 rose to $64.9 million from $54.6 million a year earlier.
Two analysts expected $59 million.
The company maintained its quarterly dividend at $0.06 per common share, payable Nov. 25 to stockholders of record on Nov. 6.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.