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Sep 26, 2020
Vishay Precision Q3 2020 Earnings Report
Vishay Precision reported results for the third quarter of fiscal year 2020, showing increased revenues, gross profit margin, operating margin, and earnings per share compared to the previous year.
Key Takeaways
Vishay Precision Group's Q3 2020 results showed slight revenue growth, improved gross and operating margins, and increased earnings per share. The company's Force Sensors operation in India returned to full capacity, and orders grew sequentially, driven by strength in consumer-related markets and partial recovery in other end-markets.
Revenues increased 0.2% to $67.5 million compared to the previous year.
Gross profit margin was 40.5%, up from 38.3% a year ago.
Operating margin was 12.0%, compared to 9.2% in the previous year.
Diluted earnings per share were $0.41, up from $0.33 a year ago.
Forward Guidance
The company expects net revenues to grow sequentially and be in the range of $69 million to $75 million for the fourth fiscal quarter of 2020, at constant third fiscal quarter 2020 exchange rates.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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