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Vishay Precision Group Inc (VPG) delivers essential measurement solutions through advanced sensor technologies and resistive foil systems. This news hub provides investors and industry professionals with authoritative updates on corporate developments, financial performance, and technological advancements.
Access real-time updates across VPG's core operations: quarterly earnings reports, product innovation announcements, strategic partnerships, and leadership changes. Our curated collection ensures you stay informed about developments in sensor manufacturing, weighing system enhancements, and measurement technology breakthroughs.
Key coverage areas span precision resistor innovations, industrial weighing solutions, aerospace sensor applications, and medical measurement systems. All content maintains strict editorial standards for accuracy and regulatory compliance, serving both technical experts and investment decision-makers.
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Vishay Precision Group (NYSE: VPG) reported its fiscal 2024 second quarter results, showing a 14.8% decrease in revenues to $77.4 million compared to the previous year. The company's gross profit margin slightly declined to 41.9% from 42.6% a year ago. Operating margin decreased to 7.6% from 13.0%, while diluted earnings per share fell to $0.34 from $0.60. Despite challenging market conditions, VPG maintained a strong balance sheet and solid cash flow, focusing on cost-reduction initiatives and strategic business development. The company's book-to-bill ratio improved slightly to 0.95, with orders of $73.5 million. For the third fiscal quarter of 2024, VPG expects net revenues between $70 million and $78 million at constant second fiscal quarter 2024 foreign currency exchange rates.
Vishay Precision Group (NYSE: VPG), a leader in precision measurement and sensing technologies, has announced its second quarter fiscal 2024 earnings conference call scheduled for August 6, 2024. The company will release its financial results before the market opens, followed by a conference call at 9:00 a.m. U.S. eastern time. CEO Ziv Shoshani and CFO Bill Clancy will host the call.
Interested parties can access the call by dialing 1-833-470-1428 (U.S.) or +1-404-975-4839 (international) with passcode 707756. A live webcast will be available on the VPG website's investor relations section. A replay will be accessible via phone and on the company's website for a time after the call.
Vishay Precision Group (NYSE: VPG), a leader in precision measurement and sensing technologies, will present at the Noble Capital Markets' Emerging Growth Virtual Equity Conference on June 27, 2024, at 12:30 p.m. ET. The event will feature a fireside chat-style Q&A session with questions from the live virtual audience. Attendees can register for free via the Virtual Equity Conference Registration link. A video webcast of the presentation will be available on VPG's website after the event. For more details or to schedule a one-on-one meeting, contact Noble Capital Markets or VPG directly.
Vishay Precision Group (NYSE: VPG), a leader in precision measurement and sensing technologies, has announced its participation in the Sidoti June 2024 Small-Cap Investor Virtual Conference. The event is scheduled for Wednesday, June 12, 2024, at 11:30 a.m. ET. VPG will provide a live and on-demand webcast of their presentation, accessible to the public via a specified link and on their investor relations website. For additional information or to arrange one-on-one meetings, interested parties can contact VPG directly through their provided email.
Vishay Precision Group, Inc. (VPG) reported its fiscal 2024 first quarter results, with revenues of $80.8 million, a 9.1% decrease from the previous year. The gross profit margin was 43.4%, operating margin at 8.6%, and diluted net earnings per share of $0.44. The company achieved an adjusted EBITDA margin of 15.3% and generated $6.4 million from operating activities. Despite challenges in specific market segments, VPG remains optimistic about improved demand in the latter half of the year. The company continues to focus on business development and capital allocation to drive growth.
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