Richardson Electronics anticipates revenue, profit margins, and operating income to grow in fiscal year 2027, driven by semiconductor and energy demand.
Wendy Diddell, the company's Chief Operating Officer, stated that growth will primarily be driven by stronger demand for semiconductor wafer fabrication, wind turbine products, and the battery energy storage business. Richardson Electronics is increasing capacity and may introduce a third production shift if necessary. Management expects revenue from the semiconductor wafer fabrication business to exceed $40 million in fiscal year 2027, while the battery energy storage business will focus on establishing sales channels in fiscal year 2027, with significant growth anticipated in fiscal year 2028. The company's fiscal year 2026 revenue was approximately $228 million, with a net profit of $6.4 million, and nearly $32 million in cash with no debt at year-end.
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