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Sep 28, 2024
Vishay Q3 2024 Earnings Report
Vishay's Q3 2024 results were announced, revealing revenue held fairly constant amidst prolonged inventory de-stocking and slow industrial customer consumption.
Key Takeaways
Vishay Intertechnology reported Q3 2024 revenues of $735.4 million. The GAAP loss per share was ($0.14), while adjusted EPS was $0.08 per share. The book-to-bill ratio was 0.88, with semiconductors at 0.79 and passive components at 0.97.
Q3 2024 revenues reached $735.4 million.
Gross margin was 20.5%, impacted by Newport's addition by approximately 150 basis points.
GAAP loss per share was ($0.14); adjusted EPS was $0.08 per share.
Book-to-bill ratio for Q3 2024 was 0.88, with semiconductors at 0.79 and passive components at 0.97.
Forward Guidance
For the fourth quarter of 2024, Vishay expects revenues in the range of $720 million +/- $20 million, with gross profit margin in the range of 20.0% +/- 50 basis points, including the negative impact of approximately 175 to 200 basis points from the addition of Newport.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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