secwatch.observer — SEC 8-K summary
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Issuer:     Vishay Precision Group, Inc. (VPG)
CIK:        0001487952
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0001487952-24-000028
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

VPG Q1 FY2024 revenue $80.8M (-9.1% YoY); EPS $0.44; record gross margin 43.4%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1487952/000148795224000028/0001487952-24-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1487952/000148795224000028/vpg-20240507.htm
  HTML page:      https://secwatch.observer/filing/0001487952-24-000028

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