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 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.
Vishay Precision Group (NYSE: VPG) will announce its fourth-quarter financial results for fiscal 2021 on February 15, 2022, after market close. A conference call with CEO Ziv Shoshani and CFO Bill Clancy is scheduled for February 16, 2022, at 9:00 a.m. ET. Investors can join the call by dialing 1-888-317-6003 (US) or 1-412-317-6061 (international) and using passcode 5963923, or through the VPG investor relations website. A replay will be available post-call. For more details on VPG's precision sensor products, visit their website.
Vishay Precision Group (VPG), a leader in precision sensors, will participate in the 24th 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.