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Apr 02, 2022
Vishay Precision Q1 2022 Earnings Report
Reported strong first quarter results driven by growth in all three business segments and across all markets.
Key Takeaways
Vishay Precision Group reported a strong first quarter with a 24.2% increase in revenue compared to the previous year. The company achieved record orders and backlog, driven by expanding opportunities in high-value precision measurement markets. Adjusted diluted net earnings per share were $0.49, and the adjusted EBITDA margin was 14.4%.
Revenues of $87.7 million increased 24.2% from a year ago.
Diluted net earnings per share of $0.46 compared to $0.36 reported a year ago.
Adjusted diluted net earnings per share of $0.49 compared to $0.31 reported a year ago.
Book-to-bill ratio was 1.25.
Forward Guidance
We expect net revenues to grow sequentially and be in the range of $88 million to $96 million for the second fiscal quarter of 2022, at constant first fiscal quarter 2022 exchange rates.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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