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Vishay Precision Group Q1 2023 Earnings Report

Vishay Precision Group logo
$23.15 +0.07 (+0.30%)
(As of 12/20/2024 05:23 PM ET)

Vishay Precision Group EPS Results

Actual EPS
$0.52
Consensus EPS
$0.53
Beat/Miss
Missed by -$0.01
One Year Ago EPS
$0.49

Vishay Precision Group Revenue Results

Actual Revenue
$88.86 million
Expected Revenue
$89.79 million
Beat/Miss
Missed by -$930.00 thousand
YoY Revenue Growth
N/A

Vishay Precision Group Announcement Details

Quarter
Q1 2023
Time
Before Market Opens

Conference Call Resources

Conference Call Audio

Slide Deck

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Vishay Precision Group Earnings Headlines

Vishay Precision appoints Nava Swersky Sofer as independent director
Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
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About Vishay Precision Group

Vishay Precision Group (NYSE:VPG) designs, manufactures, and markets specialized sensors, weighing solutions, and measurement systems in the United States, Israel, the United Kingdom, rest of Europe, Asia, and Canada. It operates through three segments: Sensors, Weighing Solutions, and Measurement Systems. Its product portfolio includes precision resistors, strain gages, load cells and force measurement transducers, on-board weighing systems, and process weighing products; rolling force measuring load cell systems and pressure transmitters; web tension measurement load cells and systems; and optical strip width gages; and laser velocimeters for speed and length measurements and closed-loop crop optimization control systems for optimal strip cuts. The company also offers data acquisition systems and sensors for product safety testing; thermal-mechanical simulation systems for metallurgical research; and conditioning, data acquisition and control systems, as well as electronic displays, signal processors, microelectromechanical system sensors, cabling, system software, and communications software/hardware. Its products are used in industrial comprising waste management, bulk hauling, logging, scales manufacturing, engineering systems, pharmaceutical, oil, chemical, steel, paper, and food industries, as well as test and measurement, steel, medical, construction, agricultural, and consumer markets. The company offers its products under the Alpha Electronics, Powertron, Vishay Foil Resistors, Micro-Measurements, APR, Celtron, Revere, Sensortronics, Tedea-Huntleigh, Stress-tek, Vulcan, BLH Nobel, KELK, and DTS brands. Vishay Precision Group, Inc. was incorporated in 2009 and is headquartered in Malvern, Pennsylvania.

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