Vishay Precision Group (VPG) Reports Q1 EPS of $0.05

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Go back to Vishay Precision Group (VPG) Reports Q1 EPS of $0.05

VPG Reports Fiscal 2015 First Quarter Results

May 5, 2015 7:30 AM EDT

Fiscal 2015 first quarter net revenues of $56.6 million and diluted earnings per share of $0.05. Fiscal 2015 second quarter net revenue guidance of $56 million to $61 million.

MALVERN, Pa.--(BUSINESS WIRE)-- Vishay Precision Group, Inc. (NYSE: VPG), a leading producer of precision sensors and systems, today announced its results for its fiscal 2015 first quarter ended March 28, 2015.

Ziv Shoshani, VPGs chief executive officer said, Revenues this quarter included a $4.4 million negative foreign exchange rate impact versus last years first quarter, due to the strengthening of the U.S. dollar. Consolidated gross margin improved... More