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. (VPG) is a manufacturer of precision measurement and sensing technologies, and its news flow reflects this focus. The company regularly issues press releases about its financial results, business performance, and participation in investor conferences, as well as updates related to its subsidiaries and advanced measurement solutions.
Investors following VPG news can expect recurring coverage of quarterly earnings results and related conference calls, as highlighted in announcements about its second and third fiscal quarter results and scheduled earnings calls. These updates often include segment performance for Sensors, Weighing Solutions, and Measurement Systems, along with commentary on demand trends in markets such as transportation, test and measurement, AMS, steel, medical, and precision agriculture.
VPG also publishes news about corporate developments, including changes in senior leadership roles and organizational structure. For example, the company has announced the creation of new C-suite positions, such as Chief Business and Product Officer and Chief Operating Officer, to support its growth and operational objectives.
Another category of VPG news involves technology and collaboration updates. Through its subsidiary Dynamic Systems Inc., VPG has reported on beta evaluations of ultra-high-temperature testing systems for advanced materials research in collaboration with academic institutions. These announcements highlight the application of VPG-related technologies in demanding research environments.
In addition, VPG reports on its participation in investor conferences, where it presents to investment professionals and hosts one-on-one meetings. These events are often accompanied by webcasts, providing further access to management’s perspectives on the company’s strategy and markets.
For readers interested in VPG, the news stream offers insight into financial performance, segment trends, leadership changes, technology initiatives, and investor outreach activities, all centered on its core theme of precision measurement and sensing technologies.
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.
Vishay Precision Group (NYSE: VPG), a leader in precision measurement sensing technologies, will present at the Jefferies 2022 Industrials Conference on August 10, 2022, at 9:30 a.m. ET. A live and on-demand webcast of the presentation will be accessible through the webcast link or on its website. For inquiries regarding one-on-one meetings, contact info@vpgsensors.com.
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.