Vishay Intertechnology (VSH) Raises Q3 Revenue Guidance

Vishay Intertechnology, Inc., (NYSE: VSH), one of the world's largest manufacturers of discrete semiconductors and passive electronic components, today announced that its results for the third fiscal quarter of 2022 are expected to be above the Company’s previous outlook. The Company now expects to report third quarter revenues of approximately $925 million at a gross margin of approximately 31.3% plus/minus 10 basis points. The previous expectation was for revenues in the range of $860 to $900 million at a gross margin of 29.0% plus/minus 50 basis points assuming an exchange rate USD/EUR of 0.98.

(Consensus sees Q3 revenue of $880 million)

Vishay will release its results for the third quarter ended October 1, 2022, before the New York Stock Exchange opens on Wednesday, November 2, 2022.

A conference call to discuss Vishay’s third quarter financial results is scheduled for Wednesday, November 2, 2022 at 9:00 a.m. ET. The dial-in number for the conference call is 877-407-0989 (+1 201-389-0921, if calling from outside the United States) and the access code is 13733054.

A live audio webcast of the conference call and a PDF copy of the press release and the quarterly presentation will be accessible directly from the Investor Relations section of the Vishay website at http://ir.vishay.com.

There will be a replay of the conference call from 12:00 p.m. ET on Wednesday, November 2, 2022, through 11:59 p.m. ET on Wednesday, November 16, 2022. The telephone number for the replay is +1 877-660-6853 (+1 201-612-7415, if calling from outside the United States or Canada) and the access code is 13733054.

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