Vishay Precision Group (VPG) Tops Q1 EPS by 9c, Revenues Beat; Affirms 2Q Revenue Outlook Below Consensus

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VPG Reports Fiscal 2019 First Quarter Results

May 7, 2019 7:30 AM EDT

MALVERN, Pa.--(BUSINESS WIRE)-- Vishay Precision Group, Inc. (NYSE: VPG), a leading producer of precision sensors and sensor-based systems, today announced its results for its fiscal 2019 first quarter ended March30, 2019.

First Quarter Highlights:

Growth in revenues to $76.5 million, up 4.7% year-over-year Gross profit margin was 43.2% for the quarter as compared to 39.0% for the prior year period Operating income increased by 54% to $12.6 million as compared to $8.2 million in the prior year period Operating margin for the quarter was 16.5%, compared to 11.2% for the... More