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. reports news about precision measurement and sensing technologies used in sensors, weighing solutions and measurement systems. The company manufactures and markets sensor-based measurement systems, specialty resistors and strain gages for stress, force, weight, pressure and current measurement applications.
Recurring VPG updates include quarterly earnings releases, conference-call announcements, segment commentary for Sensors, Weighing Solutions and Measurement Systems, order and book-to-bill trends, investor conference presentations and senior-management changes. Company releases also discuss end-market activity in areas such as steel, transportation and advanced measurement systems.
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.
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.