secwatch.observer — SEC 8-K summary
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Issuer:     Vishay Precision Group, Inc. (VPG)
CIK:        0001487952
Form:       8-K
Filed at:   2024-08-06T23:59:59+00:00
Accession:  0001487952-24-000040
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

VPG Q2 revenue drops 14.8% to $77.4M; EPS falls to $0.34 from $0.60
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- Net earnings of $4.6M ($0.34 diluted EPS) vs $8.2M ($0.60) a year ago; adjusted EPS $0.31.
- Revenue $77.4M, down 14.8% YoY; all three segments (Sensors -20.4%, Weighing -12.2%, Measurement -9.6%) declined.
- Book-to-bill improved to 0.95 with orders of $73.5M; Q3 revenue guidance range $70M-$78M.
- Sensors segment gross margin 38.3% vs 40.1% a year ago; lower volume partially offset by cost cuts.
- Cash from operations $7.5M; adjusted free cash flow $4.9M; management focused on cost reduction and long-term growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1487952/000148795224000040/0001487952-24-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1487952/000148795224000040/vpg-20240806.htm
  HTML page:      https://secwatch.observer/filing/0001487952-24-000040

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