( MENAFN - AsiaNet News) Richardson Electronics (RELL) stock rose over 16% in premarket on Thursday after the company topped Wall Street's estimates for fiscal first-quarter revenue. The firm posted net sales for the quarter ended Aug. 30 were $54.6 million, while analysts expected the company to post revenue of $51.5 million, according to Fiscal data. Its net income for the fiscal first quarter rose to $0.13 per share, from $0.04 per share, a year earlier. Retail sentiment on Stocktwits about Richardson moved further into the 'extremely bullish' territory at the time of writing. RELL's Sentiment Meter and Message Volume as of 04:18 a.m. ET on Oct. 9, 2025 | Source: Stocktwits "Excluding Healthcare, [in] which the majority of assets were sold in January 2025, net sales grew by 6.8%, led by strong year-over-year growth in our semiconductor wafer fab business," CEO Edward Richardson said in a statement.