Vishay Precision ( (VPG) ) has released its Q1 earnings. Here is a breakdown of the information Vishay Precision presented to its investors.
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Vishay Precision Group, Inc. (VPG) is a prominent company in the precision measurement and sensing technologies sector, providing solutions that enhance product performance across various markets.
In its fiscal 2025 first quarter, VPG reported a challenging financial performance with a notable decline in key metrics compared to the previous year. The company faced an 11.2% decrease in revenues, resulting in a net loss per share of $0.07, down from earnings of $0.44 per share in the same quarter last year.
Key financial highlights include a gross profit margin of 37.7%, a significant drop from 43.4% a year ago, and an operating margin that turned negative at -0.1%. Despite these setbacks, VPG achieved a book-to-bill ratio above 1.00 for the second consecutive quarter, indicating a positive trend in order intake. The Sensors and Measurement Systems segments recorded book-to-bill ratios above 1.00, reflecting resilience in these areas.
VPG’s management remains optimistic, emphasizing the company’s strong balance sheet and cash flow as a foundation to implement long-term growth and cost-efficiency strategies. The company is also focusing on business development initiatives, including opportunities in humanoid robots, to navigate the volatile global economic environment.
Looking ahead, VPG expects net revenues for the second fiscal quarter of 2025 to range between $70 million and $76 million, maintaining a cautious yet hopeful outlook amid ongoing market challenges.