Welcome to our dedicated page for Vishay Precision Group news (Ticker: VPG), a resource for investors and traders seeking the latest updates and insights on Vishay Precision Group stock.
Vishay Precision Group, Inc. reports news about precision measurement and sensing technologies used in sensors, weighing solutions and measurement systems. The company manufactures and markets sensor-based measurement systems, specialty resistors and strain gages for stress, force, weight, pressure and current measurement applications.
Recurring VPG updates include quarterly earnings releases, conference-call announcements, segment commentary for Sensors, Weighing Solutions and Measurement Systems, order and book-to-bill trends, investor conference presentations and senior-management changes. Company releases also discuss end-market activity in areas such as steel, transportation and advanced measurement systems.
MALVERN, Pa., May 13, 2020 (GLOBE NEWSWIRE) -- Vishay Precision Group (NYSE: VPG) announced its participation in two upcoming virtual investor conferences. The Baird Global Consumer, Technology, & Services Conference will feature CFO Bill Clancy presenting on June 4, 2020, at 1:25 PM EDT, with a live webcast available on the company's website. Additionally, VPG will engage in one-on-one meetings at the Stifel 2020 Virtual Cross Sector Insight Conference on June 9, 2020. Interested parties can contact investor relations for scheduling.
Vishay Precision Group (NYSE: VPG) reported a decline in Q1 2020 revenues to $67.7 million, down 11.5% year-over-year. Operating margin was 6.9%, significantly lower than 16.5% in the prior year. Diluted EPS decreased to $0.24 from $0.61. Despite challenges from the COVID-19 pandemic, including a projected revenue drop of $5 million to $7 million in Q2, VPG's book-to-bill ratio improved to 1.08. The company remains focused on long-term growth and cost-saving initiatives while adapting to operational changes due to health measures.