Vishay Precision Group (VPG) Reports Q1 EPS of $0.04, Updates Outlook

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VPG Reports Fiscal 2016 First Quarter Results

May 10, 2016 7:30 AM EDT

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 2016 first quarter ended April 2, 2016.

Highlights:

First quarter net revenues of $56.6 million. First quarter adjusted diluted earnings per share of $0.13. New products advanced sensors revenue grew approximately 95% in the first quarter 2016 from the first quarter 2015, and approximately 42% from the fourth quarter 2015. Fiscal year 2016 adjusted diluted earnings per share reaffirmed - in the range of... More