Richardson Electronics, Ltd. plans to release its financial results for the fourth quarter ended May 30, 2026, after the close of business on July 22, 2026. The announcement will be distributed via GlobeNewswire and available on the company’s website. This disclosure will provide investors with insights into the company's performance for the period, covering its engineered solutions, green energy products, and power grid technologies.

Conference Call Details

Edward J. Richardson, Chairman and Chief Executive Officer, and Robert J. Ben, Chief Financial Officer, will host a conference call to discuss the fourth quarter fiscal year 2026 results on July 23, 2026, at 9:00 a.m. Central Time. The session will include a question-and-answer segment for analysts and investors.

Event Schedule and Access

Participants can register for the call online, with joining 10 minutes prior to the start time recommended. A replay of the call will be accessible beginning at 1:00 p.m. Central Time on July 23, 2026, and will be available for seven days. Registration details and the webcast link are also posted on the company’s official website.

Richardson Electronics, Ltd. is a global manufacturer of engineered solutions, power grid and microwave tubes, and customized display solutions. The company’s common stock trades on the NASDAQ Global Select Market under the ticker symbol RELL.

Richardson Electronics, Ltd. has been selected by C-Motive Technologies as its manufacturing partner to support the commercialization of C-Motive's innovative ZeroMag motor platform and Cascade H-Bridge medium voltage drive system. This partnership aims to leverage Richardson Electronics' expertise in engineered solutions for power, microwave, and energy storage applications to bring C-Motive's proprietary technologies to market. The agreement targets commercial production beginning in calendar 2027, addressing an addressable market for high-torque, low-speed motors estimated at nearly $3 billion.

Under the agreement, Richardson Electronics will provide design-for-manufacturing (DFM), engineering support, Alpha and Beta pilot production, production test development, quality planning, regulatory support, and volume manufacturing services. These efforts are focused on C-Motive's motor drive controller, a key component of the ZeroMag platform and Cascade H-Bridge system. Manufacturing activities will be conducted primarily at Richardson Electronics' headquarters and manufacturing facility in LaFox, Illinois.

C-Motive's patented ZeroMag motor technology uses electrostatic forces rather than permanent magnets to generate torque, eliminating the need for rare-earth magnets and significantly reducing copper content compared to conventional electric motors. The technology is designed for stationary industrial applications, including direct-drive conveyor systems and high-volume, low-speed (HVLS) fans, intended to deliver the performance of permanent-magnet direct-drive motors while reducing material costs and supply chain risk.

Key Partnership Details

The collaboration is structured to prepare for commercial production beginning in calendar 2027. By combining Richardson Electronics' manufacturing capabilities with C-Motive's innovative motor technologies, the partnership seeks to accelerate the deployment of advanced motor solutions in the market. The ZeroMag motor platform and Cascade H-Bridge system are expected to offer significant advancements in efficiency and performance for medium voltage applications.