Vishay Precision Group (NYSE: VPG) reported Q1 EPS of $0.04, versus $0.06 reported last year. Revenue for the quarter came in at $56.6 million, versus $56.6 million reported last year.

Outlook

Mr. Shoshani concluded, “In light of global economic conditions, we expect net revenues in the range of $57 million to $62 million for the second quarter of 2016. We are reaffirming our expectation for fiscal year 2016 adjusted diluted earnings per share to be in the range of $0.80 to $1.00, at constant exchange rates as of the first quarter of 2016.”

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