Richardson Electronics Struggles With Falling Revenues

Richardson Electronics, Ltd. (NASDAQ:RELL) is a global provider of engineered solutions and a leading distributor of electronic components to the electronic device marketplace. Specifically, the company’s Visual Technical Solutions division delivers customer display solutions to a diverse customer base, and the company provides technical services for the satellite communications market. Richardson has a market capitalization of $134 million and an average daily volume of 18,000. Struggles of Richardson Electronics Richardson Electronics, Ltd. (NASDAQ:RELL) has been struggling during the past few years. The company has been grappling with falling revenues and high fixed expenses, which resulted in the company reporting a miniscule…