Loading...
•
Dec 31, 2019
Vishay Precision Q4 2019 Earnings Report
Reported a decline in revenue but an increase in earnings per diluted share compared to the previous year.
Key Takeaways
Vishay Precision Group reported a decrease in revenue for Q4 2019 compared to Q4 2018, but earnings per diluted share increased. The company's operating margin and adjusted operating margin decreased. However, the book-to-bill ratio improved. The acquisition of DSI contributed positively to the Weighing and Control Systems segment.
Revenues declined 10.2% year-over-year to $69.1 million.
Earnings per diluted share increased to $0.28, compared to $0.25 a year ago.
The book-to-bill ratio improved to 1.15 compared to 0.93 from the previous year.
The acquisition of DSI is showing positive results and contributing to the core strengths of VPG.
Forward Guidance
VPG expects net revenues in the range of $63 million to $70 million for the first fiscal quarter of 2020, at constant fourth fiscal quarter 2019 exchange rates. This projected revenue range excludes any potential impact of the coronavirus outbreak on our business, which we are continuing to monitor closely.
Challenges Ahead
- Potential impact of the coronavirus outbreak on business.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...