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Apr 01, 2023
Vishay Q1 2023 Earnings Report
Reported revenue growth driven by medical, aerospace/defense, and automotive sectors, with increased investments in capacity expansion.
Key Takeaways
Vishay Intertechnology reported first quarter 2023 results, with revenue of $871.0 million and EPS of $0.79. The company saw revenue growth of 2.0% year over year and 1.8% quarter over quarter, driven by sales increases in medical and aerospace/defense along with continued strong demand in automotive.
Q1 2023 revenues reached $871.0 million.
Q1 2023 EPS was reported at $0.79.
The book-to-bill ratio for Q1 2023 was 0.84.
Backlog at the end of the quarter stood at 7.5 months.
Forward Guidance
For the second quarter of 2023, management expects revenues in the range of $860 million and $900 million and a gross profit margin in the range of 29.0% +/- 50 basis points.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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