Vishay Precision Group Inc Stock Price, News & Analysis

Vishay Precision Group (NYSE: VPG) reported its fiscal 2022 fourth quarter results, highlighting a revenue increase of 6.9% year-over-year, totaling $96.2 million. The gross profit margin improved to 41.2% from 38.7% a year prior. Diluted net earnings per share rose to $0.65, up from $0.44. For the full year, VPG saw revenues of $362.6 million, a 14.0% increase, with adjusted diluted net earnings per share at $2.62. However, the company experienced a book-to-bill ratio of 0.76 in Q4, indicating softer orders due to cyclical market adjustments. Looking ahead, VPG anticipates net revenues between $85 million and $95 million for Q1 2023.

Vishay Precision Group (VPG) will release its financial results for the fourth quarter and full year of fiscal 2022 on February 14, 2023, after market close. The conference call is set for February 15, 2023, at 9:00 a.m. ET, featuring CEO Ziv Shoshani and CFO Bill Clancy. Investors can participate by calling 1-844-200-6205 or via the live webcast on the VPG investor relations website. A replay will be available one hour after the call's conclusion. VPG specializes in precision measurement and sensing technologies, enhancing product performance across diverse markets.

MALVERN, Pa., Dec. 20, 2022 – Vishay Precision Group (NYSE: VPG) will present at the 25th Annual Needham Growth Investor Conference on January 11, 2023, at 4:30 p.m. ET. A live and on-demand webcast of the presentation will be available for public access via https://wsw.com/webcast/needham128/vpg/2083977 and on the company's website. VPG is known for its precision measurement sensing technologies, which enhance customer product performance across various markets.

Vishay Precision Group (VPG) will present at the Sidoti December Virtual Small Cap Investor Conference on December 7, 2022, at 10:00 a.m. ET. This event showcases VPG’s expertise in precision measurement sensing technologies. A live and on-demand webcast of the presentation will be accessible to the public through the provided links. For inquiries or to schedule a one-on-one meeting, interested parties can contact VPG via email. VPG continues to innovate in sensor technology, enhancing performance across various markets.

Vishay Precision Group (VPG) reported a strong fiscal Q3 2022 with revenues of $90.1 million, up 9.9% year-over-year. Gross profit margin improved to 41.4% from 38.8% last year, and diluted EPS surged to $0.74 from $0.39. Adjusted EBITDA was $16.1 million with a margin of 17.9%. The company posted a book-to-bill ratio of 1.08 and generated $11.8 million in cash from operations. For Q4 2022, VPG anticipates revenues between $88 million and $98 million.

Vishay Precision Group (NYSE: VPG) will announce its third quarter financial results for fiscal 2022 on November 7, 2022, after market close. A conference call with CEO Ziv Shoshani and CFO Bill Clancy is scheduled for November 8, 2022, at 9:00 a.m. ET. Participants can join the call by dialing 1-844-200-6205 or internationally +1-929-526-1599 with passcode 301523, or via the VPG investor relations website. A replay will be available following the call. VPG specializes in precision measurement and sensing technologies across diverse markets.

Vishay Precision Group (NYSE: VPG) will present at the Sidoti Small-Cap Virtual Conference on September 21, 2022, at 10:45 a.m. ET. The presentation will be available as a live webcast and on-demand access can be found via the company's presentation link. For one-on-one meetings during the event, contact info@vpgsensors.com.

Vishay Precision Group (NYSE: VPG) reported strong financial results for Q2 2022, with revenues of $88.6 million, up 17.6% year-over-year. Gross profit margin improved to 42.1% from 39.6% a year ago, while diluted EPS rose to $0.79 compared to $0.29. Adjusted net earnings were $9.3 million, or $0.68 per share. The company is also experiencing robust demand, with a record backlog of $171.4 million. However, foreign exchange rates pose challenges. VPG's Board approved a stock repurchase plan for up to 600,000 shares.

Vishay Precision Group (NYSE: VPG) has approved a stock repurchase plan to buy back up to 600,000 shares by August 11, 2023. This initiative aims to enhance shareholder value, supported by the company's strong balance sheet and cash generation capabilities. Shares will be repurchased in open markets or through negotiated transactions, allowing flexible execution based on market conditions. Funding will come from cash reserves and operational cash flow. As of today, VPG has approximately 12.6 million shares of common stock outstanding.