RELL — what changed in the latest 10-Q
A section-by-section comparison of RELL's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-10-08 vs the prior 10-Q · 2026-04-09
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +18 | −32 | ~21 | 15 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~1 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 1 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | +5 | 0 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Legal proceedings
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-10-08
Selling, general and administrative expenses were $17.4 million or 26.8% of net sales during the first quarter of fiscal 2027 compared to $16.0 million or 29.2% of net sales during the first quarter of fiscal 2026.
Operating income during the first quarter of fiscal 2027 was $5.1 million compared to $1.0 million during the first quarter of fiscal 2026.
Net income during the first quarter of fiscal 2027 was $4.1 million compared to $1.9 million during the first quarter of fiscal 2026.
Net sales by segment and percentage change during the first quarter of fiscal 2027 and fiscal 2026 were as follows (in thousands):
During the first quarter of fiscal 2027, consolidated net sales increased 18.9% compared to the first quarter of fiscal 2026. Sales for PMT increased 19.7%, sales for GES increased 27.1% and sales for Canvys increased 7.9%. The increase in PMT was due to strong growth from our customers in the semic…
Text removed vs the prior filing · source: 10-Q · 2026-04-09
Selling, general and administrative expenses were $16.2 million or 29.2% of net sales during the third quarter of fiscal 2026 compared to $14.5 million or 26.9% of net sales during the third quarter of fiscal 2025.
Operating income during the third quarter of fiscal 2026 was $1.5 million compared to an operating loss of $2.7 million during the third quarter of fiscal 2025.
Net income during the third quarter of fiscal 2026 was $0.9 million compared to a net loss of $2.1 million during the third quarter of fiscal 2025.
The first nine months of fiscal 2026 and fiscal 2025 both contained 39 weeks.
Net sales during the first nine months of fiscal 2026 were $162.4 million, an increase of 3.4%, compared to net sales of $157.0 million during the first nine months of fiscal 2025.
Other information
Text added vs the prior filing · source: 10-Q · 2026-10-08
We held our annual meeting of stockholders on October 6, 2026. At the annual meeting, our stockholders (i) elected each of the nominees listed below to the Company’s Board of Directors to serve for a term expiring at the 2027 Annual Meeting; (ii) ratified the selection of BDO USA, P.C. as our indepe…
The results for the votes regarding each proposal are set forth below:
1. The voting results with respect to the election of each director were as follows
2. The voting results with respect to the ratification of the selection of BDO USA, P.C. as our independent registered public accounting firm for fiscal 2027 was approved with 29,839,871 votes “FOR”, 27,868 votes “AGAINST/WITHHOLD” and 1,032 votes “ABSTAIN”.
3. The voting results with respect to the approval, on an advisory basis, the compensation of our Named Executive Officers was approved with 28,074,571 votes “FOR”, 362,317 votes “AGAINST/WITHHOLD” and 55,657 votes “ABSTAIN" and 1,376,226 broker non-votes.
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice