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. (LFUS), a global leader in circuit protection and power control solutions, provides critical updates through this dedicated news hub. Investors and industry professionals will find timely press releases, financial announcements, and operational developments consolidated for efficient tracking of corporate milestones.
This resource delivers essential updates spanning quarterly earnings, product innovations, strategic partnerships, and industry certifications. Content is curated to support analysis of LFUS's role in advancing electrical safety across automotive, industrial, and semiconductor markets.
Regular updates ensure stakeholders stay informed about the company’s expanding portfolio of circuit protection devices and power semiconductor solutions. Bookmark this page to monitor how LFUS continues to shape safety standards in evolving sectors like electric vehicle infrastructure and smart manufacturing.
Littelfuse has inaugurated a new manufacturing plant in Piedras Negras, Coahuila, Mexico, aimed at enhancing its industrial circuit protection capabilities and commitment to sustainability. The 106,000-square-foot facility doubles the company's local production capacity, utilizing advanced automation and zero water consumption processes. The plant will produce electrical products for various sectors, including renewable energy, data centers, and HVAC, and is expected to employ 1,000 individuals. The facility is designed to be environmentally friendly, featuring high-efficiency HVAC systems and LED lighting. This expansion is part of Littelfuse's broader strategy to align with customer demands and support local community development.
Littelfuse, Inc. (NASDAQ: LFUS) reported Q1 net sales of $535 million, down 12% YoY, with GAAP diluted EPS at $1.93. The company expects Q2 net sales of $525-$555 million with adjusted diluted EPS at $1.65-$1.85. Littelfuse approved a $300 million stock repurchase program and a $0.65 cash dividend per share. The company remains confident in a return to growth in 2024.
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