Richardson CEO cites strong backlog as stock rallies 18%

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Richardson Electronics ( RELL ) shares jumped 18% premarket on Thursday after delivering a healthy Q4 beat and reporting a three-year backlog peak of $164.4 million, up 8.7% sequentially. Fiscal 2026 net sales increased 9.4%, marking the company’s second consecutive year of annual

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Richardson Electronics shares surged 18% following strong Q4 results and a backlog reaching a three-year high of $164.4 million. Fiscal 2026 net sales increased by 9.4%, marking the second consecutive year of growth. This earnings report proved robust demand and significantly improved market sentiment. Investors should closely monitor the conversion rate of the backlog into revenue and margin improvements.

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