Vishay Precision Group (VPG) Reports Q1 EPS of $0.04, Updates Outlook

Vishay Precision Group (NYSE: VPG) reported Q1 EPS of $0.04, versus $0.06 reported last year. Revenue for the quarter came in at $56.6 million, versus $56.6 million reported last year.

Outlook

Mr. Shoshani concluded, “In light of global economic conditions, we expect net revenues in the range of $57 million to $62 million for the second quarter of 2016. We are reaffirming our expectation for fiscal year 2016 adjusted diluted earnings per share to be in the range of $0.80 to $1.00, at constant exchange rates as of the first quarter of 2016.”

For earnings history and earnings-related data on Vishay Precision Group (VPG) click here.

You May Also Be Interested In

• FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
• Cerebras Systems (CBRS) Misses Q1 EPS, Revenues Beat
• JPMorgan Downgrades Tata Technologies (TATATECH:IN) to Underweight