secwatch.observer — SEC 8-K summary
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Issuer:     VISHAY INTERTECHNOLOGY INC (VSH)
CIK:        0000103730
Form:       8-K
Filed at:   2024-02-07T23:59:59+00:00
Accession:  0000103730-24-000027
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vishay Q4 2023 revenue $785.2M, EPS $0.37; book-to-bill 0.75; guides Q1 revenue ~$735M
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- 4Q 2023 revenues of $785.2M, EPS of $0.37, book-to-bill of 0.75.
- Backlog at quarter end was 5.3 months; FY 2023 capex $329.4M and free cash flow $37.4M.
- 1Q 2024 revenue guidance $735M +/- $20M, gross margin ~24.0% +/- 50bps.
- CEO cites inventory digestion headwinds in industrial end markets, expects first half 2024 adjustment.
- Returned $34.8M to stockholders in Q4; total stockholder return $134.3M for FY 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/103730/000010373024000027/0000103730-24-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/103730/000010373024000027/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0000103730-24-000027

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer