Vishay Precision Group reported a solid third quarter with revenue growth of 9.9% year-over-year and a book-to-bill ratio of 1.08, indicating continued demand. The company achieved an adjusted diluted net earnings per share of $0.69 and an adjusted EBITDA margin of 17.9%.
Revenues increased 9.9% from a year ago to $90.1 million.
Diluted net earnings per share reached $0.74, compared to $0.39 a year ago.
The book-to-bill ratio was 1.08, reflecting strong order intake.
Adjusted EBITDA was $16.1 million, with an adjusted EBITDA margin of 17.9%.
The company expects net revenues to be in the range of $88 million to $98 million for the fourth fiscal quarter of 2022, at constant third fiscal quarter 2022 foreign currency exchange rates.
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