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Sep 26, 2020
Littelfuse Q3 2020 Earnings Report
Littelfuse's performance surpassed expectations, driven by strong demand in automotive, electronics, and industrial end markets.
Key Takeaways
Littelfuse reported net sales of $391.6 million, an 8% increase compared to the prior year, with organic growth of 7%. GAAP diluted EPS was $2.25, and adjusted diluted EPS was $2.16. The company anticipates continued growth, projecting year-over-year sales growth of 7% to 10% for the next quarter.
Net sales increased by 8% year-over-year to $391.6 million.
Electronics sales grew by 12% compared to the prior year period.
Automotive sales were flat compared to the prior year period.
GAAP diluted EPS was $2.25; adjusted diluted EPS was $2.16.
Littelfuse
Littelfuse
Littelfuse Revenue by Segment
Revenue by Segment
Electronics Revenue
CapyFin.comIndustrial Revenue
CapyFin.com Forward Guidance
The company expects year-over-year sales growth of 7% to 10%, with an adjusted operating income flow-through of approximately 40%.
Revenue & Expenses
Visualization of income flow from segment revenue to net income