earnings
confidence high
sentiment negative
materiality 0.75
VPG Q1 FY2024 revenue $80.8M (-9.1% YoY); EPS $0.44; record gross margin 43.4%
Vishay Precision Group, Inc.
2024-Q1 EPS reported
$0.44
revenue$80,783,000
- Diluted net EPS $0.44 (adj. $0.42) vs $0.51 a year ago; net earnings $5.9M.
- Gross profit margin record 43.4%, up from 41.9% YoY; operating margin 8.6% vs 11.2%.
- Sensors segment revenue $29.4M (-19.9% YoY); Weighing Solutions $28.8M (-9.5%); Measurement Systems $22.5M (+11.1%).
- Repurchased $2.8M of common stock in Q1; adjusted free cash flow $4.2M.
- Q2 FY2024 revenue guidance $75M-$85M at constant FX rates.