Vishay Precision Group (VPG) Tops Q2 EPS by 5c, Beats on Revenues
Vishay Precision Group (NYSE: VPG) reported Q2 EPS of $0.29, $0.05 better than the analyst estimate of $0.24. Revenue for the quarter came in at $62.3 million versus the consensus estimate of $60.19 million.
Second Quarter Highlights:
- Growth in revenues to $62.3 million, up 7.5% year-over- year and up 4.2% sequentially
- Gross margin for the quarter is 39.7%
- Operating margin for the quarter is 9.1%, adjusted operating margin* for the quarter is 9.6%
- Earnings increased to $0.27 per diluted share, compared to $0.14 reported last year
- Adjusted diluted EPS* increased to $0.29 compared to prior year $0.15
- Cash from operations was $4.4 million with free cash flow* of $3.4 million
- Book-to-bill of 1.08 continues to reflect broadly improving end-markets
For earnings history and earnings-related data on Vishay Precision Group (VPG) click here.
