Vishay Precision Group (VPG) Tops Q1 EPS by 15c, Revenues Beat; Offers 2Q Revenue Mid-Point Guidance Above Consensus
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VPG Reports Fiscal 2020 First Quarter Results
May 5, 2020 6:30 AM EDTMALVERN, Pa., May 05, 2020 (GLOBE NEWSWIRE) -- Vishay Precision Group, Inc. (NYSE: VPG), a leading producer of precision sensors and sensor-based systems, today announced its results for its fiscal 2020 first quarter ended March 28, 2020.
First Quarter Highlights:
Revenues of $67.7 million declined 11.5% from a year ago.Operating margin was 6.9% as compared to 16.5% reported a year ago.Adjusted operating margin* was 7.8%, as compared to 16.5% reported a year ago.Diluted earnings per share of $0.24 as compared to $0.61 reported a year ago.Adjusted diluted earnings per share* of... More