Loading...
•
Mar 28, 2020
Vishay Precision Q1 2020 Earnings Report
Reported first quarter results, impacted by COVID-19 pandemic
Key Takeaways
Vishay Precision Group reported a decrease in revenue and earnings per share for the first quarter of 2020, impacted by the COVID-19 pandemic. Revenues decreased by 11.5% compared to the previous year, and diluted earnings per share decreased from $0.61 to $0.24.
Revenues decreased by 11.5% year-over-year to $67.7 million.
Operating margin was 6.9%, down from 16.5% a year ago.
Diluted earnings per share decreased to $0.24, compared to $0.61 in the prior year.
Book-to-bill ratio was positive at 1.08, compared to 0.92 from a year ago.
Forward Guidance
Given the effects of the COVID-19 pandemic, at constant first fiscal quarter 2020 exchange rates, VPG expects net revenues in the range of $56 million to $62 million for the second fiscal quarter of 2020.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...