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Mar 30, 2024
Littelfuse Q1 2024 Earnings Report
Solid execution drove Q1 sales above, and EPS in-line with guidance.
Key Takeaways
Littelfuse reported first quarter results for 2024 with net sales of $535 million, down 12% versus the prior year period, and down 12% organically. GAAP diluted EPS was $1.93 and adjusted diluted EPS was $1.76. Cash flow from operations was $57 million and free cash flow was $42 million.
Net sales of $535 million were down 12% versus the prior year period, and down 12% organically
GAAP diluted EPS was $1.93 and adjusted diluted EPS was $1.76
Cash flow from operations was $57 million
Free cash flow was $42 million
Littelfuse
Littelfuse
Littelfuse Revenue by Segment
Revenue by Segment
Electronics Revenue
CapyFin.comTransportation Revenue
CapyFin.comIndustrial Revenue
CapyFin.com Forward Guidance
For the second quarter the company expects net sales in the range of $525 - $555 million, adjusted diluted EPS in the range of $1.65 - $1.85 and an adjusted effective tax rate of approximately 23%
Positive Outlook
- Net sales in the range of $525 - $555 million
- Adjusted diluted EPS in the range of $1.65 - $1.85
- Adjusted effective tax rate of approximately 23%
Revenue & Expenses
Visualization of income flow from segment revenue to net income