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Jul 01, 2023
Vishay Q2 2023 Earnings Report
Vishay reported solid results driven by sustained momentum in automotive end markets and improved order flow as supply chain bottlenecks eased.
Key Takeaways
Vishay Intertechnology reported second quarter 2023 results with revenues of $892.1 million and EPS of $0.68. The company saw revenue increase 2.4% over the first quarter and 3.3% over last year's second quarter.
2Q 2023 revenues reached $892.1 million.
2Q 2023 EPS was reported at $0.68.
The book-to-bill ratio for 2Q 2023 was 0.69.
Backlog at the end of the quarter stood at 6.4 months.
Forward Guidance
For the third quarter of 2023, management expects revenues in the range of $840 million and $880 million and a gross profit margin in the range of 27.7% +/- 50 basis points.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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