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Mar 30, 2024
Vishay Precision Q1 2024 Earnings Report
Reported mixed trends across businesses with revenue within guidance, reflecting softness in industrial and semiconductor test equipment, while achieving a record gross margin.
Key Takeaways
Vishay Precision Group reported a decrease in revenue by 9.1% year-over-year to $80.8 million. Diluted net earnings per share decreased to $0.44, compared to $0.51 in the prior year. The company achieved a record gross margin of 43.4%.
Revenues decreased 9.1% from a year ago to $80.8 million.
Gross profit margin increased to 43.4% from 41.9% a year ago.
Diluted net earnings per share decreased to $0.44 compared to $0.51 reported a year ago.
EBITDA was $12.8 million with an EBITDA margin of 15.8%.
Revenue by Segment
Forward Guidance
The company expects net revenues to be in the range of $75 million to $85 million for the second fiscal quarter of 2024, at constant first fiscal quarter 2024 foreign currency exchange rates.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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