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Dec 31, 2020
Vishay Precision Q4 2020 Earnings Report
Reported an increase in revenue and adjusted EPS compared to the previous year.
Key Takeaways
Vishay Precision Group (VPG) reported a 9.1% increase in revenue compared to the previous year. The adjusted diluted earnings per share was $0.43, compared to $0.28 reported a year ago. The company's fourth-quarter sales grew 11.7% sequentially, reflecting broad-based growth across VPG's businesses and diversified end markets.
Revenues increased 9.1% from a year ago.
Adjusted diluted earnings per share was $0.43, as compared to $0.28 reported a year ago.
Gross profit margin was 38.1%, as compared to 35.0% a year ago.
Operating margin was 7.8%, as compared to 2.5% reported a year ago.
Forward Guidance
For the first fiscal quarter of 2021, at constant fourth fiscal quarter 2020 exchange rates, VPG expects net revenues to be in the range of $63 million to $70 million.
Positive Outlook
- Improving business environment
- Strong cash flow
- Strong financial position
- Strategic investments
- Global economy and markets continue to recover from the pandemic
Historical Earnings Impact
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Avg. Return Before/After Earnings
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