Vishay Intertechnology (VSH) Tops Q1 EPS by 7c, Revenues Beat; Offers 2Q Revenue Guidance Below Consensus
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Vishay Reports Results for First Quarter 2020
May 12, 2020 7:30 AM EDTRevenues Q1 of $613 millionGross margin Q1 of 24.0%; adjusted gross margin 24.5%Operating margin Q1 of 7.7%; adjusted operating margin 8.3%EPS Q1 of $0.19; adjusted EPS Q1 of $0.21Free Cash for the trailing 12 months of $107 millionGuidance Q2 for revenues of $540 to $580 million and gross margins of 21.0% plus/minus 90 basis points at Q1 exchange ratesInventory reduction at distribution of $63 million in Q1
MALVERN, Pa., May 12, 2020 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH), one of the world's largest manufacturers of discrete semiconductors and passive components, today announced its results... More
