Richardson Electronics Appoints New VP of Global Sales
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2d ago
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Should l Buy RELL?
Source: Newsfilter
- Executive Appointment: Richardson Electronics appointed Rainer Bornwasser as VP of Global Sales for Canvys effective February 1, 2026, aiming to accelerate global growth and enhance competitiveness in the medical and industrial display markets.
- Extensive Experience: Bornwasser brings over 30 years of international sales and leadership experience in medical technology and industrial display sectors, having held senior roles at several prominent companies where he successfully drove revenue growth in customer-specific display solutions.
- Strategic Focus: In his new role, Bornwasser will lead Canvys' global sales strategy with a focus on revenue growth, margin expansion, and long-term customer partnerships, which is expected to enhance engagement with key OEM accounts.
- Market Opportunity Identification: He will closely collaborate with product management, R&D, and marketing to identify new market opportunities and strengthen Canvys' competitive positioning in high-performance display applications, further advancing the company's strategic development.
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Analyst Views on RELL
Wall Street analysts forecast RELL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RELL is 12.00 USD with a low forecast of 12.00 USD and a high forecast of 12.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 11.710
Low
12.00
Averages
12.00
High
12.00
Current: 11.710
Low
12.00
Averages
12.00
High
12.00
About RELL
Richardson Electronics, Ltd. is a manufacturer of engineered solutions, green energy products, power grid and microwave tubes and related consumables; power conversion and radio frequency and microwave components; replacement parts, tubes and service training for diagnostic imaging equipment, and customized display solutions. Its segments include Power and Microwave Technologies (PMT), Green Energy Solutions (GES), and Canvys. The PMT segment combines engineered solutions capabilities, power grid and microwave tube business with disruptive RF, wireless and power technologies. The GES segment combines technology partners and engineered solutions capabilities that designs and manufactures products for the energy storage market and power management applications. The Canvys segment provides customized display solutions, such as touch screens, protective panels, custom enclosures, specialized cabinet finishes and application specific software packages and certification services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Richardson Electronics Appoints New VP of Global Sales
- Executive Appointment: Richardson Electronics appointed Rainer Bornwasser as VP of Global Sales for Canvys effective February 1, 2026, aiming to accelerate global growth and enhance competitiveness in the medical and industrial display markets.
- Extensive Experience: Bornwasser brings over 30 years of international sales and leadership experience in medical technology and industrial display sectors, having held senior roles at several prominent companies where he successfully drove revenue growth in customer-specific display solutions.
- Strategic Focus: In his new role, Bornwasser will lead Canvys' global sales strategy with a focus on revenue growth, margin expansion, and long-term customer partnerships, which is expected to enhance engagement with key OEM accounts.
- Market Opportunity Identification: He will closely collaborate with product management, R&D, and marketing to identify new market opportunities and strengthen Canvys' competitive positioning in high-performance display applications, further advancing the company's strategic development.
See More
Richardson Electronics Reports Q2 Loss Narrowing to $0.12 Million
- Loss Reduction: Richardson Electronics reported a Q2 loss of $0.12 million, significantly improved from a loss of $0.75 million last year, indicating progress in cost control and operational efficiency.
- EPS Improvement: The loss per share decreased from $0.05 last year to $0.01, demonstrating a positive trend in the company's recovery of profitability, which may boost investor confidence.
- Revenue Growth: The company achieved a 5.7% increase in revenue to $52.29 million compared to $49.49 million last year, reflecting a rebound in market demand and improved product sales.
- Market Outlook: With revenue growth and reduced losses, Richardson Electronics is positioned for potential profitability in the future, enhancing its competitiveness and market position in the electronics industry.
See More
Richardson Electronics Reports 5.7% Revenue Growth in Q2, Declares $0.06 Dividend
- Revenue Growth: Richardson Electronics reported net sales of $52.3 million for Q2 fiscal 2026, reflecting a 5.7% year-over-year increase, primarily driven by strong performance in its Green Energy Solutions (GES) business, indicating growth potential in the renewable energy market.
- Sales Performance: Excluding Healthcare, net sales increased by 9%, with GES sales rising by $2.3 million or 39%, showcasing the company's successful strategy in the power management product sector.
- Operational Efficiency Improvement: The company achieved an operating income of $0.1 million in Q2, a significant turnaround from an operating loss of $0.7 million in the prior year, demonstrating effective execution in cost management and sales growth.
- Shareholder Returns: The Board declared a quarterly cash dividend of $0.06 per share, payable on February 25, 2026, reflecting the company's commitment to creating shareholder value while maintaining profitability growth.
See More
Richardson Electronics Schedules Q2 FY2026 Financial Results Release
- Earnings Release Schedule: Richardson Electronics plans to release its financial results for the second quarter ended November 29, 2025, after market close on January 7, 2026, ensuring timely access to critical financial information for investors.
- Conference Call Details: The company will host a conference call on January 8, 2026, at 9:00 a.m. Central Time, led by CEO Edward J. Richardson and CFO Robert J. Ben, providing in-depth analysis of financial results along with a Q&A session to enhance investor engagement.
- Webcast Link Availability: The webcast link for the conference call will be available on the company’s website, ensuring all stakeholders can easily participate and access information, thereby improving transparency.
- Global Manufacturing Capability: Richardson Electronics offers engineered solutions globally, with over 55% of its products manufactured in the U.S. and Germany, showcasing the company’s strong manufacturing capabilities and technical expertise across multiple markets.
See More
Richardson Electronics Schedules Q2 FY2026 Financial Results Release
- Earnings Release Schedule: Richardson Electronics plans to release its financial results for the second quarter ended November 29, 2025, after the market closes on January 7, 2026, demonstrating the company's commitment to financial transparency.
- Conference Call Details: The company will host a conference call on January 8, 2026, at 9:00 a.m. Central Time, led by CEO Edward J. Richardson and CFO Robert J. Ben, providing an in-depth analysis of the financial results.
- Replay Service: A replay of the conference call will be available starting at 1:00 p.m. Central Time on January 9, 2026, for seven days, ensuring that investors who cannot attend live can access key information.
- Company Overview: Richardson Electronics is a leading global manufacturer of engineered solutions, with over 55% of its products manufactured in the U.S. and Germany, serving multiple industries, showcasing its extensive market reach and technical expertise.
See More
Planet Labs PBC (PL) Achieves Break-Even Earnings in Q3
Earnings Performance: Planet Labs PBC reported break-even quarterly earnings per share, surpassing the Zacks Consensus Estimate of a loss of $0.02, and achieved revenues of $81.25 million, exceeding expectations by 12.96%.
Stock Performance: The company's shares have increased by approximately 217.8% since the beginning of the year, significantly outperforming the S&P 500's gain of 16.3%.
Future Outlook: The earnings outlook for Planet Labs PBC appears favorable, with a current Zacks Rank of #2 (Buy), indicating expectations for continued outperformance in the near future.
Industry Context: The Satellite and Communication industry, where Planet Labs operates, is currently ranked in the bottom 37% of Zacks industries, suggesting that broader industry trends could impact the stock's performance.
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Richardson Electronics Appoints New VP of Global Sales
- Executive Appointment: Richardson Electronics appointed Rainer Bornwasser as VP of Global Sales for Canvys effective February 1, 2026, aiming to accelerate global growth and enhance competitiveness in the medical and industrial display markets.
- Extensive Experience: Bornwasser brings over 30 years of international sales and leadership experience in medical technology and industrial display sectors, having held senior roles at several prominent companies where he successfully drove revenue growth in customer-specific display solutions.
- Strategic Focus: In his new role, Bornwasser will lead Canvys' global sales strategy with a focus on revenue growth, margin expansion, and long-term customer partnerships, which is expected to enhance engagement with key OEM accounts.
- Market Opportunity Identification: He will closely collaborate with product management, R&D, and marketing to identify new market opportunities and strengthen Canvys' competitive positioning in high-performance display applications, further advancing the company's strategic development.
See More
Richardson Electronics Reports Q2 Loss Narrowing to $0.12 Million
- Loss Reduction: Richardson Electronics reported a Q2 loss of $0.12 million, significantly improved from a loss of $0.75 million last year, indicating progress in cost control and operational efficiency.
- EPS Improvement: The loss per share decreased from $0.05 last year to $0.01, demonstrating a positive trend in the company's recovery of profitability, which may boost investor confidence.
- Revenue Growth: The company achieved a 5.7% increase in revenue to $52.29 million compared to $49.49 million last year, reflecting a rebound in market demand and improved product sales.
- Market Outlook: With revenue growth and reduced losses, Richardson Electronics is positioned for potential profitability in the future, enhancing its competitiveness and market position in the electronics industry.
See More
Richardson Electronics Reports 5.7% Revenue Growth in Q2, Declares $0.06 Dividend
- Revenue Growth: Richardson Electronics reported net sales of $52.3 million for Q2 fiscal 2026, reflecting a 5.7% year-over-year increase, primarily driven by strong performance in its Green Energy Solutions (GES) business, indicating growth potential in the renewable energy market.
- Sales Performance: Excluding Healthcare, net sales increased by 9%, with GES sales rising by $2.3 million or 39%, showcasing the company's successful strategy in the power management product sector.
- Operational Efficiency Improvement: The company achieved an operating income of $0.1 million in Q2, a significant turnaround from an operating loss of $0.7 million in the prior year, demonstrating effective execution in cost management and sales growth.
- Shareholder Returns: The Board declared a quarterly cash dividend of $0.06 per share, payable on February 25, 2026, reflecting the company's commitment to creating shareholder value while maintaining profitability growth.
See More
Richardson Electronics Schedules Q2 FY2026 Financial Results Release
- Earnings Release Schedule: Richardson Electronics plans to release its financial results for the second quarter ended November 29, 2025, after market close on January 7, 2026, ensuring timely access to critical financial information for investors.
- Conference Call Details: The company will host a conference call on January 8, 2026, at 9:00 a.m. Central Time, led by CEO Edward J. Richardson and CFO Robert J. Ben, providing in-depth analysis of financial results along with a Q&A session to enhance investor engagement.
- Webcast Link Availability: The webcast link for the conference call will be available on the company’s website, ensuring all stakeholders can easily participate and access information, thereby improving transparency.
- Global Manufacturing Capability: Richardson Electronics offers engineered solutions globally, with over 55% of its products manufactured in the U.S. and Germany, showcasing the company’s strong manufacturing capabilities and technical expertise across multiple markets.
See More
Richardson Electronics Schedules Q2 FY2026 Financial Results Release
- Earnings Release Schedule: Richardson Electronics plans to release its financial results for the second quarter ended November 29, 2025, after the market closes on January 7, 2026, demonstrating the company's commitment to financial transparency.
- Conference Call Details: The company will host a conference call on January 8, 2026, at 9:00 a.m. Central Time, led by CEO Edward J. Richardson and CFO Robert J. Ben, providing an in-depth analysis of the financial results.
- Replay Service: A replay of the conference call will be available starting at 1:00 p.m. Central Time on January 9, 2026, for seven days, ensuring that investors who cannot attend live can access key information.
- Company Overview: Richardson Electronics is a leading global manufacturer of engineered solutions, with over 55% of its products manufactured in the U.S. and Germany, serving multiple industries, showcasing its extensive market reach and technical expertise.
See More
Planet Labs PBC (PL) Achieves Break-Even Earnings in Q3
Earnings Performance: Planet Labs PBC reported break-even quarterly earnings per share, surpassing the Zacks Consensus Estimate of a loss of $0.02, and achieved revenues of $81.25 million, exceeding expectations by 12.96%.
Stock Performance: The company's shares have increased by approximately 217.8% since the beginning of the year, significantly outperforming the S&P 500's gain of 16.3%.
Future Outlook: The earnings outlook for Planet Labs PBC appears favorable, with a current Zacks Rank of #2 (Buy), indicating expectations for continued outperformance in the near future.
Industry Context: The Satellite and Communication industry, where Planet Labs operates, is currently ranked in the bottom 37% of Zacks industries, suggesting that broader industry trends could impact the stock's performance.
See More
