Vishay Precision Group (VPG) Tops Q1 EPS by 15c, Revenues Beat; Offers 2Q Revenue Mid-Point Guidance Above Consensus

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Go back to Vishay Precision Group (VPG) Tops Q1 EPS by 15c, Revenues Beat; Offers 2Q Revenue Mid-Point Guidance Above Consensus

VPG Reports Fiscal 2020 First Quarter Results

May 5, 2020 6:30 AM EDT

MALVERN, Pa., May 05, 2020 (GLOBE NEWSWIRE) -- Vishay Precision Group, Inc. (NYSE: VPG), a leading producer of precision sensors and sensor-based systems, today announced its results for its fiscal 2020 first quarter ended March 28, 2020.

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 ago.Adjusted diluted earnings per share* of... More