Earnings ·
Reports Q3 revenue of $978.9 million, diluted EPS of $0.37
VSHVishay Intertechnology Inc
Vishay Intertechnology reported fiscal third-quarter results with revenues of $978.9 million and diluted earnings per share of $0.37. The company posted a gross margin of 25.5% and an operating margin of 9.4%, marking the highest quarterly revenue in its history. Book-to-bill stood at 1.29, with backlog at 6.6 months. Management provided fourth-quarter guidance expecting revenues between $975 million and $1,005 million and a gross profit margin of 26.0% plus or minus 50 basis points. Vishay manufactures discrete semiconductors and passive electronic components for automotive, industrial, computing, and other markets.