Littelfuse reported strong Q3 2021 results with record sales of $539.6 million, driven by high demand in the electronics segment. GAAP diluted EPS was $3.69 and adjusted diluted EPS was $3.95. The company also announced an agreement to acquire Carling Technologies.
Net sales reached $539.6 million, driven by stronger demand in the electronics segment.
GAAP operating margin was 22.3%; adjusted operating margin was 22.8%.
GAAP diluted EPS was $3.69 and adjusted diluted EPS was $3.95.
Cash flow from operations was $114.3 million and free cash flow was $89.4 million.
For the fourth quarter, the company expects net sales in the range of $503 to $517 million and adjusted diluted EPS in the range of $2.80 to $2.96.
Visualization of income flow from segment revenue to net income