Vishay Precision Group (VPG) Tops Q1 EPS by 7c, provides outlook

Vishay Precision Group (NYSE: VPG) reported Q1 EPS of $0.42, $0.07 better than the analyst estimate of $0.35. Revenue for the quarter came in at $80.8 million versus the consensus estimate of $84.61 million.

Near-Term Outlook

“Given our backlog and the current market conditions, we expect net revenues to be in the range of $75 million to $85 million for the second fiscal quarter of 2024, at constant first fiscal quarter 2024 foreign currency exchange rates,” concluded Mr. Shoshani.

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

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