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Stock impact report

VPG Reports Fiscal 2024 Third 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., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Vishay Precision Group, Inc. (NYSE: VPG), a leader in precision measurement and sensing technologies, today announced its results for its fiscal 2024 third quarter ended September 28, 2024. Third Fiscal Quarter Highlights (comparisons are to the comparable period a year ago): Revenues of $75.7 million decreased 11.8%.Gross profit margin was 40.0%, as compared to 41.9%.Adjusted gross profit margin* was 40.0%, as compared to 42.1%.Operating margin was 5.1%, as compared to 9.6%.Adjusted operating margin* was 5.2%, as compared to 11.2%.Diluted net loss per share of $(0.10) compared to $0.46.Adjusted diluted net earnings per share* of $0.19 compared to $0.47.EBITDA* was $5.1 million with an EBITDA margin* of 6.7%.Adjusted EBITDA* was $8.1 million with an adjusted EBITDA margin* of 10.7%. Ziv Shoshani, Chief Executive Officer of VPG, commented, "Total revenue in the third quarter was fairly stable sequentially, as trends across our Show less Read more
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