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Jul 03, 2021
Vishay Precision Q2 2021 Earnings Report
Reported a solid quarter with strong demand trends and significant revenue growth.
Key Takeaways
Vishay Precision Group reported a strong second quarter with a 27.4% increase in revenue compared to the previous year. The company's book-to-bill ratio was 1.40, indicating optimism for the second half of the year. Adjusted EBITDA margin was 16.6%.
Revenues increased by 27.4% year-over-year to $75.3 million.
Diluted earnings per share increased to $0.29, compared to $0.13 in the prior year.
Adjusted diluted net earnings per share was $0.49, compared to $0.27 in the prior year.
Book-to-bill ratio was 1.40, reflecting strong order growth.
Forward Guidance
The company expects net revenues to be in the range of $81 million to $87 million for the third fiscal quarter of 2021, at constant second fiscal quarter 2021 exchange rates.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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