Vishay: Fourth Quarter Financial Overview

Vishay Precision Group Reports Fourth Quarter Financial Results

Vishay Precision Group Inc., headquartered in Malvern, Pennsylvania, announced a net loss of $1.9 million for the fourth quarter.

The company reported a loss of 14 cents per share for the quarter. After adjusting for one-time and restructuring expenses, earnings stood at 7 cents per share.

These adjusted earnings fell short of analysts’ expectations, as a consensus of three analysts polled by Zacks Investment Research had predicted earnings of 21 cents per share.

Despite the earnings miss, VPG generated $80.6 million in revenue during the quarter, surpassing the $78.1 million forecasted by analysts surveyed by Zacks.

For the full year, Vishay Precision Group posted a profit of $5.3 million, or 40 cents per share, on total revenue of $307.2 million.

Looking ahead, the company anticipates revenue for the first quarter of the new year to fall between $74 million and $80 million.