earnings
confidence high
sentiment positive
materiality 0.65
Littelfuse reports Q2 net sales $612M, adj EPS $3.12; raises dividend 8% to $0.65; Q3 guide $570-595M
LITTELFUSE INC /DE
2023-Q2 EPS reported
$6.33
revenue$1,221,779,000
- Net sales $612M, -1% YoY (-8% organic); GAAP diluted EPS $2.79, adjusted $3.12.
- Cash from ops $98.2M; free cash flow $82.4M.
- Quarterly dividend raised 8% to $0.65/share (annualized $2.60); payable Sept 7, record Aug 24.
- Agreed to acquire 200mm wafer fab from Elmos Semiconductor SE to boost power semiconductor capabilities.
- Q3 guidance: net sales $570-595M, adjusted diluted EPS $2.48-2.72.