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Oct 03, 2020
Vishay Q3 2020 Earnings Report
Vishay's Q3 2020 earnings reflected a strong rebound in automotive sales and continued strength in Asian markets.
Key Takeaways
Vishay Intertechnology reported Q3 2020 revenues of $640.2 million and EPS of $0.23. The company experienced a strong rebound in sales to automotive customers and continued strength from Asian markets. They acquired Applied Thin-Film Products for $25.9 million.
Revenues for Q3 2020 reached $640 million.
Gross margin for Q3 2020 was 23.7%.
Operating margin for Q3 2020 was 9.6%.
EPS for Q3 2020 was $0.23; adjusted EPS was $0.25.
Forward Guidance
For Q4 2020, Vishay expects revenues in the range of $620 to $660 million and a gross margin of 23.9% plus/minus 70 basis points, assuming a EUR/USD exchange rate of 0.86.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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