Vishay Intertechnology (VSH) Tops Q2 EPS by 11c, Revenues Beat

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Go back to Vishay Intertechnology (VSH) Tops Q2 EPS by 11c, Revenues Beat

Vishay Reports Results for Second Quarter 2020

August 4, 2020 7:00 AM EDT

Revenues Q2 of $582 millionGross margin Q2 of 22.5%; adjusted gross margin 22.6%Operating margin Q2 of 7.0%; adjusted operating margin 7.2%EPS Q2 of $0.17; adjusted EPS $0.18Free Cash for the trailing 12 months Q2 of $151 millionRepurchased $75.8 million principal amount of convertible notes due 2025, at approximately 93% of face value, to provide flexibility to adjust future debt levels as necessaryGuidance Q3 for revenues of $580 to $620 million at a gross margin of 22.8% plus/minus 70 basis points, assuming a USD/EUR exchange rate... More