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 27, 2020 (GLOBE NEWSWIRE) -- Vishay Precision Group (NYSE: VPG) announces the launch of MRF-Series Bridge Completion Modules (BCM) under its Micro-Measurements brand. These modules feature Vishay foil resistors, ensuring enhanced precision in strain measurements across multiple applications including medical and structural health monitoring. The MRF-Series supports configurations for various bridge completions, allowing for precise and stable measurements. With a compact design and lightweight build, these modules are suitable for installations in confined spaces and on dynamic equipment.
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.