VPG Q2 revenue $88.6M (+17.6% YoY), EPS $0.79; authorizes 600K share buyback

Vishay Precision Group, Inc.

2022-Q2 EPS reported $1.25 revenue$176,283,000

Revenue $88.6M, up 17.6% YoY; diluted EPS $0.79 vs $0.29 YoY; adjusted diluted EPS $0.68 vs $0.49.
Gross profit margin 42.1% (adjusted 42.9%); operating margin 11.9% (adjusted 13.7%).
Record backlog $171.4M; book-to-bill 1.08; Q3 revenue guidance $90-100M.
Segment: Sensors +29.2%, Weighing Solutions -10.2%, Measurement Systems +59.2% (includes DTS).
Board authorized repurchase of up to 600K shares through Aug 11, 2023; ~12.6M common shares outstanding.

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