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Stock impact report

VPG Reports Fiscal 2024 First Quarter Results

Vishay Precision Group, Inc. (VPG) 
Last vishay precision group, inc. earnings: 2/19 07:30 am Check Earnings Report
US:NYSE Investor Relations: ir.vpgsensors.com
Company Research Source: GlobeNewswire
MALVERN, Pa., May 07, 2024 (GLOBE NEWSWIRE) -- Vishay Precision Group, Inc. (NYSE: VPG), a leader in precision measurement and sensing technologies, today announced its results for its 2024 first fiscal quarter ended March 30, 2024. First Fiscal Quarter Highlights: Revenues of $80.8 million decreased 9.1% from a year ago.Gross profit margin was 43.4%, as compared to 41.9% reported a year ago.Operating margin was 8.6%, as compared to 11.2% reported a year ago.Adjusted operating margin* was 10.0%, as compared to 11.4% reported a year ago.Diluted net earnings per share of $0.44 compared to $0.51 reported a year ago.Adjusted diluted net earnings per share* of $0.42 compared to $0.52 reported a year ago.EBITDA* was $12.8 million with an EBITDA margin* of 15.8%.Adjusted EBITDA* was $12.3 million with an adjusted EBITDA margin* of 15.3%.Cash from operating activities was $6.4 million with adjusted free cash flow* of $4.2 million. Ziv Shoshani, Chief Executive Officer of VPG, Show less Read more
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