Richardson Electronics Ltd. announced that its Board of Directors declared a $0.06 quarterly dividend per share to holders of common stock and a $0.054 cash dividend per share to holders of Class B common stock. The dividend will be payable on February 24, 2016, to common stockholders of record on February 8, 2016.

The company reported unaudited consolidated earnings results for the second quarter and six months ended November 28, 2015. For the quarter, the company reported net sales of $34,086,000 compared to $33,841,000 a year ago. Operating loss was $2,522,000 compared to $2,159,000 a year ago. Loss from continuing operations before income taxes was $2,023,000 compared to $1,943,000 a year ago. Loss from continuing operations was $2,286,000 compared to $1,144,000 a year ago. Net loss was $2,286,000 compared to $1,057,000 a year ago. Basic and diluted loss per share was $0.18 compared to $0.07 a year ago. Net cash used in operating activities was $2,330,000 compared to $2,008,000 a year ago. Capital expenditures were $792,000 compared to $1,102,000 a year ago.

For the six months, the company reported net sales of $71,157,000 compared to $68,540,000 a year ago. Operating loss was $3,526,000 compared to $2,692,000 a year ago. Loss from continuing operations before income taxes was $3,054,000 compared to $2,161,000 a year ago. Loss from continuing operations was $3,685,000 compared to $1,227,000 a year ago. Net loss was $3,685,000 compared to $1,140,000 a year ago. Basic and diluted loss per share was $0.28 compared to $0.08 a year ago. Net cash used in operating activities was $8,843,000 compared to $2,336,000 a year ago. Capital expenditures were $1,776,000 compared to $1,936,000 a year ago.