Welcome to our dedicated page for Littelfuse news (Ticker: LFUS), a resource for investors and traders seeking the latest updates and insights on Littelfuse stock.
Littelfuse Inc. reports recurring developments tied to electrical energy transfer, circuit protection, and power-control products used across electronics, transportation, industrial, telecommunications, and consumer electronics markets. Company updates commonly cover quarterly and annual operating results, organic sales trends, backlog, product demand, and segment commentary for electronics, transportation, and industrial operations.
News also includes updates on acquisitions, investor presentations, and governance changes such as board appointments and executive leadership roles. Recurring themes include higher-power and higher-energy-density customer requirements, passive products, semiconductor demand, and integration of acquired businesses within Littelfuse's global distribution and direct-sales model.
Littelfuse (NASDAQ: LFUS) has been named one of the 2021 'Best Places to Work in Illinois' for the tenth consecutive year in the large employer category. This recognition highlights Littelfuse's commitment to fostering a positive workplace environment amid recent challenges. The awards program is sponsored by the Daily Herald Business Ledger and various business organizations, reflecting the company's impact on the state's economy and workforce.
Littelfuse (NASDAQ: LFUS) announced that Meenal Sethna, Executive Vice President and CFO, has joined the Advisory Council of Women in Electronics (WE). WE is a nonprofit aimed at increasing opportunities for women in the electronics sector. Sethna's leadership experience from previous roles at Baxter, Motorola, and ITW is expected to significantly contribute to WE's growth strategy. Under her guidance, Littelfuse's Women’s Initiative Network (WiN) seeks to empower women in technology fields, promoting associate advancement and enhancing business outcomes.
Littelfuse (NASDAQ: LFUS) has appointed Maggie Chu as Senior Vice President and Chief Human Resources Officer, effective June 1, 2021. With nearly 20 years of HR leadership experience, including roles at Caterpillar and General Electric, Chu aims to enhance talent acquisition and retention at Littelfuse. CEO Dave Heinzmann expressed confidence in her ability to contribute to the company's growth. Chu holds a bachelor's degree in electrical engineering from Zhejiang University and a master's in human resources from the University of Minnesota.
Littelfuse reported strong Q1 2021 results with net sales of $463.8 million, a 34% increase year-over-year, driven by demand in electronics, automotive, and industrial sectors. Electronics sales rose by 34%, automotive by 23%, and industrial by 80%. GAAP diluted EPS was $2.32, while adjusted diluted EPS grew 107% to $2.67. Cash flow from operations reached $50.2 million. For Q2 2021, the company anticipates net sales between $463 million and $477 million and an adjusted EPS of $2.12 to $2.28. A new stock repurchase authorization of up to $300 million was also approved.
Littelfuse, an industrial technology manufacturing company listed on NASDAQ under the symbol LFUS, announced its participation in the Oppenheimer Virtual Industrial Growth Conference on May 5, 2021. Interested parties can schedule a call with management through their Oppenheimer representative. A live webcast of the presentation will be available on the company's investor relations page, with materials posted post-event. Littelfuse operates globally, employing 12,000 associates and serving over 100,000 end customers across various markets.
Littelfuse (NASDAQ: LFUS) announced it will release its financial results for Q1 fiscal 2021 on April 28, 2021, prior to market opening. The press release and accompanying slide presentation will be accessible in the Investor Relations section of the company's website. A conference call will follow at 9:00 a.m. Central Time, available via webcast and for replay on the company's site. Littelfuse is a global industrial technology manufacturer focused on delivering sustainable, connected, and safer solutions across various markets.
Littelfuse, Inc. (NASDAQ: LFUS) has announced its sponsorship of Women in Electronics (WE), a nonprofit organization aimed at fostering the development of women in the electronics industry. This partnership includes sponsorship of WE’s Even Better Together Leadership Summit on March 24. President and CEO Dave Heinzmann highlighted the importance of women’s talents in driving innovation. The collaboration will also benefit Littelfuse's Women’s Initiative Network (WiN), established in 2017 to support women's advancement in technology fields.
Littelfuse (NASDAQ: LFUS) is set to partake in Baird's Vehicle Technology & Mobility Conference on March 9-10 and Loop Capital’s Consumer, Industrials & TMT Conference on March 12. These events will connect the company with investors, focusing on its commitment to sustainable, connected industrial technology. Littelfuse operates in over 15 countries, employing around 12,000 associates, and serves more than 100,000 customers with innovative solutions across various industries.
Littelfuse, a leader in industrial technology, is set to present an update on its long-term strategy today at 9:00 a.m. Central Time. A live webcast will be available on Littelfuse.com. The company reaffirmed its first quarter 2021 guidance, projecting net sales between $418 and $432 million and adjusted diluted EPS ranging from $1.76 to $1.92, with an effective tax rate of approximately 21%. Littelfuse continues to innovate across various markets, serving over 100,000 customers globally.
Littelfuse (NASDAQ: LFUS) will host a virtual investor and analyst event on February 23, 2021, at 9:00 a.m. Central Time. Interested parties can register here or via the company’s investor relations page. The event will feature presentations, with materials posted and an archived webcast available post-event.