Vishay Reports Results for First Quarter 2020
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Vishay Intertechnology (VSH) Tops Q1 EPS by 7c, Revenues Beat; Offers 2Q Revenue Guidance Below Consensus
May 12, 2020 7:32 AM EDTVishay Intertechnology (NYSE: VSH) reported Q1 EPS of $0.21, $0.07 better than the analyst estimate of $0.14. Revenue for the quarter came in at $613 million versus the consensus estimate of $596.19 million.
Revenues Q1 of $613 millionGross margin Q1 of 24.0%; adjusted gross margin 24.5%Operating margin Q1 of 7.7%; adjusted operating margin 8.3%EPS Q1 of $0.19; adjusted EPS Q1 of $0.21Free Cash for the trailing 12 months of $107 millionGuidance Q2 for revenues of $540 to $580 million and gross margins of 21.0% plus/minus 90 basis points at Q1 exchange ratesInventory reduction at... More