Vishay Precision Group Inc Stock Price, News & Analysis

Vishay Precision Group (VPG), a leader in precision measurement technologies, is set to release its Q2 2022 financial results on August 8, 2022, after market close. A conference call hosted by CEO Ziv Shoshani and CFO Bill Clancy will follow on August 9, 2022, at 9:00 a.m. ET. Stakeholders can join the call by dialing 1-844-200-6205 or visiting VPG's investor relations website. A replay will be available approximately an hour after the call. For further information, visit VPG's website.

Vishay Precision Group (NYSE: VPG) is set to participate in the 12th Annual East Coast IDEAS Investor Virtual Conference on June 23, 2022. The company's presentation will be available on demand starting June 22, 2022, at 6:00 am ET. Investors can access the presentation via the conference website or directly through the provided link. For one-on-one meetings with VPG, details are available on their website. VPG specializes in precision measurement sensing technologies, enhancing product performance across various markets.

MALVERN, Pa., May 31, 2022 – Vishay Precision Group (NYSE: VPG), a leader in precision measurement technologies, will present at the Stifel 2022 Cross Sector Insight Investor Conference on June 9, 2022, at 10:20 a.m. ET. A live and on-demand webcast of VPG's presentation will be accessible to the public.

For details, visit the VPG presentation link or visit VPG's website.

Vishay Precision Group has launched the ACCUCAMB Camber Gage Model C885, an innovative solution designed to enhance hot strip mill operations. This advanced gage utilizes non-contact opto-electronics to measure bar shapes and strip positions in real time, helping to reduce scrap and improve productivity. Its compact design allows for easy installation in tight spaces, while advanced algorithms streamline setup. The ACCUCAMB C885 complements KELK's existing product lineup aimed at optimizing rolling mill processes.

Vishay Precision Group (VPG) reported strong Q1 2022 results, with revenues reaching $87.7 million, a 24.2% year-over-year increase. The gross profit margin stood at 40.2% and the diluted EPS rose to $0.46, up from $0.36 in Q1 2021. Adjusted EPS improved to $0.49 from $0.31. The book-to-bill ratio was 1.25, with record orders of $109.6 million contributing to a backlog of $170.6 million. VPG anticipates Q2 revenues between $88 million and $96 million.

Vishay Precision Group (NYSE: VPG) will release its first quarter fiscal 2022 financial results on May 9, 2022, after market close. The conference call to discuss these results is scheduled for May 10, 2022, at 9:00 a.m. ET. Interested participants can join by calling 1-844-200-6205 (U.S.) or +1-929-526-1599 (international) with passcode 097090. A replay will be available shortly after the call, along with additional details on VPG's investor relations website.

Vishay Precision Group (NYSE: VPG) will present at the Sidoti Spring 2022 Virtual Conference on March 23, 2022, at 8:30 a.m. ET. The presentation will highlight VPG's advancements in precision measurement sensing technologies. A live and on-demand webcast will be accessible to the public through a provided link and VPG’s official website. VPG focuses on enhancing product performance across various markets with its innovative sensors and measurement systems. For further inquiries, interested parties can contact investors@vpgsensors.com.

Vishay Precision Group (NYSE: VPG) announced a new corporate strategy and reporting structure aimed at enhancing growth and optimizing financial performance. This evolution will leverage core technologies and emphasize precision measurement solutions across three newly defined segments: Sensors, Weighing Solutions, and Measurement Systems. Chairman Marc Zandman expressed excitement about the potential for increased growth and M&A opportunities. The announcement coincided with the fourth quarter earnings call scheduled for February 16, 2022, where these changes will be discussed further.

Vishay Precision Group (NYSE: VPG) reported robust fiscal 2021 results, achieving revenues of $317.9 million, up 17.8% from the previous year. In Q4 alone, revenues reached $90.0 million, a 19.3% increase year-over-year. Adjusted diluted earnings per share rose to $1.87, with Q4 at $0.56. The company adopted a new operational structure, dividing its business into Sensors, Weighing Solutions, and Measurement Systems segments. Despite a promising outlook, VPG acknowledged potential impacts from ongoing COVID-19 uncertainties.