Richardson Electronics Ltd at Three Part Advisors Southwest Ideas Investor Conference Transcript

Nov 16, 2022 / 08:15PM GMT
Unidentified Analyst -

Let's get started with the next company. So up next, we have Richardson Electronics, which is traded on the NASDAQ under the symbol RELL. And with us presenting on behalf of the company is going to be the founder, Ed Richardson. And I'll go to hand to Ed now.

Edward J. Richardson - Richardson Electronics, Ltd. - Chairman, CEO & President

Well, I'm not really the founder. My father started the company in 1947, but I'll take credit for it, if that's okay. All right. .

Well, thanks for coming this afternoon to listen about Richardson Electronics. We have been in business for 75 years. This is our 75th anniversary, and I've only been around for 60 years, so we finally got it right. I think things are going pretty well.

The whole business is built around what we call Engineered Solutions. We have 20,000 customers on a global basis, 24 foreign subsidiaries, about 75 RF and microwave engineers. And any the customer comes to us and wants us to design a particular module or a piece of equipment, we don't have enough sense to say no.

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