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.

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