Vishay Precision Group Inc Stock Price, News & Analysis

Vishay Precision Group (VPG), a leader in precision sensors, will participate in the 24^th Needham Virtual Growth Conference on January 13, 2022, at 8:30 a.m. ET. The event will be held in New York City, and a live webcast will be available for public access. Interested parties can view the presentation via the provided link or on VPG's official website. VPG specializes in resistive foil technology and sensor-based systems in various measurement markets.

Vishay Precision Group (VPG) announced the addition of Sejal Shah Gulati to its Board of Directors effective January 1, 2022. Her extensive background includes roles in digital marketing and business management at firms such as NOW™ and Genpact Limited. Chairman Marc Zandman expressed enthusiasm for her strategic insights, which are expected to enhance shareholder value. Ms. Gulati's prior leadership experience at American Express and her academic credentials from Princeton and Harvard further reinforce her qualifications.

Vishay Precision Group (VPG) reported revenues of $82.0 million for Q3 2021, a 21.4% increase year-over-year. However, the gross profit margin decreased to 38.8% from 40.5% in Q3 2020. Adjusted diluted earnings per share rose to $0.52 compared to $0.40 the previous year. The company noted challenges with labor availability affecting revenue growth despite a record backlog of $146.7 million. VPG anticipates net revenues for Q4 2021 to be between $86 million and $94 million, reflecting a positive outlook for growth.

Vishay Precision Group (NYSE: VPG) will announce its third quarter fiscal 2021 financial results on November 11, 2021, before market opening. The conference call, hosted by CEO Ziv Shoshani and CFO Bill Clancy, is scheduled for the same day at 10:00 a.m. ET. Interested investors can access the call by phone or via the company’s investor relations website. A replay will be available shortly after the call. VPG specializes in precision sensors and measurement systems, leveraging resistive foil technology across various applications.

Vishay Precision Group (NYSE: VPG) will present at the Sidoti Virtual Fall Smallcap Investor Conference on September 22, 2021, at 9:15 a.m. ET. Interested investors can access the live webcast via a provided link and also find the presentation on VPG’s website. This conference represents a significant opportunity for VPG to engage with investors and discuss its innovative precision sensors and sensor-based systems.

VPG Foil Resistors has launched the FRFS0402, a smallest ultra-high-precision resistor featuring a unique standoff construction that improves mounting reliability for various applications, including 5G and medical equipment. The FRFS0402 boasts a maximum TCR of ±2.5ppm/°C and a long-term stability of 0.01% at +70°C. This resistor can handle temperatures up to +200°C with a power rating of 75 mW, showcasing significant PCB space savings of 40%. Initially custom designed for a fiber optics manufacturer, the FRFS0402 is now available for standard purchase.

MALVERN, Pa., Aug. 17, 2021 - Vishay Precision Group (NYSE: VPG) announced its participation in several upcoming virtual investor conferences. The events include the Colliers 2021 Institutional Investor Conference on September 9, the Sidoti Fall Smallcap Investor Conference on September 22, and the DA Davidson Diversified Industrials & Services Conference on September 23. VPG will hold virtual one-on-one meetings at these conferences. For further details or to schedule a meeting, contact VPG's investor relations team.

Vishay Precision Group (VPG) reported robust second fiscal quarter results for 2021, with revenues reaching $75.3 million, a 27.4% increase year-over-year. The adjusted gross profit margin improved to 42.3%, while adjusted diluted earnings per share were $0.49, up from $0.27 a year earlier. The company achieved a book-to-bill ratio of 1.40, indicating strong demand. However, a non-cash impairment charge of $1.2 million was noted. VPG anticipates third quarter revenues between $81 million and $87 million.

Vishay Precision Group, Inc. (NYSE: VPG) will announce its Q2 fiscal 2021 financial results on August 10, 2021, before market opening. CEO Ziv Shoshani and CFO Bill Clancy will hold a conference call at 10:00 a.m. ET. Interested parties can join via phone or through the investor relations section of the VPG website. A replay will be accessible post-call. VPG specializes in precision sensors and systems, notably in stress, force, weight, pressure, and current measurements, and is recognized for its resistive foil technology.