---
schema_version: "secwatch.filing_event.v1"
accession: "0001487952-23-000030"
form_type: "8-K"
ticker: "VPG"
cik: "0001487952"
company_name: "Vishay Precision Group, Inc."
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T08:50:44.475371+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# VPG Q1 FY2023 revenue $88.9M, up 1.4% YoY; EPS $0.51 vs $0.46 YoY

## Summary
- Revenue $88.9M (+1.4% YoY); gross margin 41.9% vs 40.2% YoY.
- Diluted EPS $0.51 (adjusted $0.52) vs $0.46 ($0.49 adjusted) YoY.
- Orders $83.1M, up 13.1% sequentially; backlog $150.4M.
- Q2 FY2023 revenue guidance $83M-$93M (constant currency).
- Operating cash flow $8.4M; adjusted free cash flow $4.9M.

## SEC filing metadata
- accession: 0001487952-23-000030
- form_type: 8-K
- ticker: VPG
- cik: 0001487952
- company_name: Vishay Precision Group, Inc.
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1487952/000148795223000030/0001487952-23-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1487952/000148795223000030/vpg-20230509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001487952-23-000030
- JSON: https://secwatch.observer/filing/0001487952-23-000030.json
- Plain text: https://secwatch.observer/filing/0001487952-23-000030.txt

## Key facts
- Earnings Releases
  Vishay Precision Group, Inc. reported First quarter of fiscal 2023 ended April 1, 2023 results: revenue $88.9 million, net income $7.0 million, EPS $0.51.
  - Period: First quarter of fiscal 2023 ended April 1, 2023
  - Revenue: $88.9 million
  - Net income: $7.0 million
  - EPS: $0.51
  - Result: reported results
  source text: First Fiscal Quarter Highlights: • Revenues of $88.9 million increased 1.4% from a year ago. • Gross profit margin was 41.9%, as compared to 40.2% reported a year ago. • Adjusted gross profit margin* was 41.9%, as compared to 41.0% reported a year ago. • Operating margin was 11.2%, as compared to 9.5% reported a year ago. • Adjusted operating margin* was 11.4%, as compared to 10.5% reported a year ago. • Diluted net earnings per share of $0.51 compared to $0.46 reported a year ago. • Adjusted diluted net earnings per share* of $0.52 compared to $0.49 reported a year ago. • EBITDA* was $14.0 million with an EBITDA margin* of 15.8%. • Adjusted EBITDA* was $14.1 million with an adjusted EBITDA margin* of 15.9%. • Cash from operating activities was $8.4 million with adjusted free cash flow* of $4.9 million. Ziv Shoshani, Chief Executive Officer of VPG, commented
  evidence_url: https://www.sec.gov/Archives/edgar/data/1487952/000148795223000030/0001487952-23-000030-index.htm
- Earnings Releases
  Vishay Precision Group, Inc. reported Second fiscal quarter of 2023 results: revenue $83 million to $93 million. Guidance initiated.
  - Period: Second fiscal quarter of 2023
  - Revenue: $83 million to $93 million
  - Guidance: initiated
  - Result: guidance update
  source text: Near-Term Outlook “We expect net revenues to be in the range of $83 million to $93 million for the second fiscal quarter of 2023, at constant first fiscal quarter 2023 foreign currency exchange rates,” concluded Mr. Shoshani.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1487952/000148795223000030/0001487952-23-000030-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.