Vishay Intertechnology (VSH) Tops Q1 EPS by 4c, Beats on Revenues; Offers 2Q Revenue Outlook Above Estimates

Vishay Intertechnology (NYSE: VSH) reported Q1 EPS of $0.40, $0.04 better than the analyst estimate of $0.36. Revenue for the quarter came in at $717 million versus the consensus estimate of $691.48 million.

• Revenues for Q1 2018 of $717 million
• Gross Margin Q1 of 28.6%
• Operating Margin Q1 of 14.5%
• EPS Q1 of $0.39
• Adjusted EPS Q1 of $0.40
• Cash from operations for trailing twelve months Q1 of $372 million and capital expenditures of $182 million
• Guidance for Q2 2018 for revenues of $740 to $780 million and gross margins of 28.5% to 29.5% at Q1 exchange rates
• Distribution: point of sales Q1 14% over prior quarter and inventory turns of 3.8

Commenting on the outlook Dr. Paul stated, “For the second quarter we guide for revenues of $740 to $780 million and gross margins of 28.5% to 29.5% at the exchange rates for the first quarter.”

GUIDANCE:

Vishay Intertechnology sees Q2 2018 revenue of $740-780 million, versus the consensus of $717 million.

For earnings history and earnings-related data on Vishay Intertechnology (VSH) click here.

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