Littelfuse Inc Stock Price, News & Analysis

Littelfuse (NASDAQ: LFUS) reported Q3 2024 results with net sales of $567 million, down 7% year-over-year. The company achieved GAAP diluted EPS of $2.32 and adjusted diluted EPS of $2.71. Cash flow from operations was $80 million, with free cash flow of $65 million. For Q4 2024, Littelfuse expects net sales between $510-540 million and adjusted diluted EPS of $1.90-2.10. The company announced a quarterly dividend of $0.70 per share, payable on December 5, 2024.

Littelfuse (NASDAQ: LFUS) has announced its participation in two upcoming investor conferences. The company will attend the Baird Global Industrial Conference in Chicago on November 12 and the Oppenheimer Midwest Virtual Summit on December 11. Interested parties can schedule meetings with management through their Baird and Oppenheimer representatives.

Littelfuse is a diversified industrial technology manufacturer operating across more than 20 countries with approximately 16,000 global associates. The company serves over 100,000 end customers, providing innovative solutions for industrial, transportation, and electronics markets.

Littelfuse, Inc. (NASDAQ: LFUS), a diversified industrial technology manufacturing company, has announced that it will release its third quarter financial results for fiscal 2024 after market close on Tuesday, October 29, 2024. The company will host a conference call on Wednesday, October 30, 2024, at 9:00 a.m. Central Time to discuss the results.

A press release and slide presentation will be available in the Investor Relations section of the company's website, Littelfuse.com. The conference call will be accessible via webcast from the same website and will be available for replay afterwards.

Littelfuse operates across more than 20 countries with approximately 16,000 global associates, serving over 100,000 end customers in various industrial, transportation, and electronics end markets.

ITT Inc. has announced the election of Maggie Chu to its Board of Directors, effective immediately. Chu currently serves as Chief Human Resources Officer at Littelfuse, Inc., a global manufacturer with a market capitalization of over $6 billion. She leads Littelfuse's HR and corporate communications functions globally.

ITT's Chairman, Timothy H. Powers, highlighted Chu's experience in strategic HR leadership across diverse, global industries similar to ITT's operations. Her expertise in attracting and retaining top global talent for multinational manufacturing companies is expected to strengthen ITT's growth and development of a higher-performing culture.

ITT President and CEO Luca Savi emphasized that Chu's experience at large global industrials will benefit ITT as it continues to grow and reshape its portfolio both organically and through M&A. He noted that Chu's approach aligns well with ITT's culture and that the company's teams will benefit from her diverse experiences and adaptable approach to continuous learning.

Littelfuse (NASDAQ: LFUS), a diversified industrial technology manufacturing company, has announced its participation in two upcoming investor conferences. The company will attend the Evercore ISI Semiconductor, IT Hardware & Networking Conference in Chicago on August 28 and the Jefferies Industrial Conference in New York on September 5.

Investors can access a live webcast of the Jefferies conference on Littelfuse's investor relations webpage. Presentation materials will be posted, and an archived webcast will be available after the event. Littelfuse operates in over 20 countries with approximately 16,000 global associates, serving more than 100,000 end customers in various industrial, transportation, and electronics markets.

Littelfuse (NASDAQ: LFUS) has launched the SRP1 Solid-State Relays (SSRs) family, designed for enhanced reliability and durability in industrial and commercial machinery applications. These SSRs offer:

- Extended service life of up to 750K life stress cycles
- Ratings from 10 A to 90 A at low or high voltage
- AC or DC control options
- IP20 finger-safe and overvoltage protection
- Compliance with international standards

The SRP1 SSRs are available in five configurations, catering to various application needs in industrial automation, HVAC, and food & beverage sectors. This launch reinforces Littelfuse's commitment to solid-state technology solutions and industry leadership.

Littelfuse (NASDAQ: LFUS) reported Q2 2024 results, with net sales of $558 million, down 9% year-over-year and 8% organically. GAAP diluted EPS was $1.82, while adjusted diluted EPS reached $1.97, both exceeding guidance. The company generated $69 million in operating cash flow and $50 million in free cash flow. Littelfuse's Board approved an 8% increase in quarterly dividend to $0.70 per share. For Q3 2024, Littelfuse expects net sales between $540-$570 million and adjusted diluted EPS of $1.95-$2.15. The company anticipates a return to growth in Q4 2024, citing normalized inventory and improving demand in some areas, balanced by customer caution.

Littelfuse (NASDAQ: LFUS), a company specializing in diversified industrial technology, announced it will release its Q2 2024 financial results after market close on July 30, 2024. Investors can access the press release and slide presentation in the Investor Relations section of Littelfuse.com. Additionally, the company has scheduled a conference call for 9:00 a.m. Central Time on July 31, 2024, which will be available via webcast and later replayed on the website. Littelfuse engages in designing and delivering innovative, reliable solutions across industrial, transportation, and electronics markets, serving over 100,000 customers globally.

Littelfuse (NASDAQ: LFUS) has released its fourth annual Sustainability Report, highlighting significant strides in environmental, social, and governance (ESG) efforts. Notable achievements include a 24% reduction in GHG intensity since 2019, 46% of manufacturing sites utilizing renewable energy, and a 37% increase in water recycling.

On the social front, Littelfuse reported a 22.5% representation of females in leadership roles, a 3-year consecutive reduction in hazardous waste, and zero workplace injuries across three sites. Governance highlights include the launch of a Local Ethics Ambassadors program at 28 major sites and 30,200 hours of ethics training.

CEO Dave Heinzmann emphasized the company's commitment to integrating sustainability into its business strategy, aiming for lasting value for all stakeholders. The full report is available on the company's website.