VPG Reports Fiscal 2020 First Quarter Results
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Vishay Precision Group (VPG) Tops Q1 EPS by 15c, Revenues Beat; Offers 2Q Revenue Mid-Point Guidance Above Consensus
May 5, 2020 6:42 AM EDTVishay Precision Group (NYSE: VPG) reported Q1 EPS of $0.29, $0.15 better than the analyst estimate of $0.14. Revenue for the quarter came in at $67.7 million versus the consensus estimate of $63.03 million.
First Quarter Highlights:
Revenues of $67.7 million declined 11.5% from a year ago.Operating margin was 6.9% as compared to 16.5% reported a year ago.Adjusted operating margin* was 7.8%, as compared to 16.5% reported a year ago.Diluted earnings per share of $0.24 as compared to $0.61 reported a year... More