Littelfuse reported a strong fourth quarter, exceeding expectations with double-digit sales growth across all segments. Net sales reached $400.7 million, up 18% versus the prior year period, and up 16% organically.
Net sales of $400.7 million were up 18% versus the prior year period, and up 16% organically.
GAAP diluted EPS was $2.39; adjusted diluted EPS was $2.23.
Electronics sales grew 17% (up 16% organically).
Automotive sales grew 22% (up 18% organically).
For the first quarter, the company expects net sales in the range of $418 to $432 million, adjusted diluted EPS in the range of $1.76 to $1.92 and an adjusted effective tax rate of approximately 21%.
Visualization of income flow from segment revenue to net income