Vishay reports Q3 adjusted EPS 4c vs 8c last year

Reports Q3 revenue $790.6M vs $762.250M last year. “Our third quarter revenue growth demonstrates Vishay’s (VSH) alignment with high growth markets including smart grid infrastructure, AI related power requirements, automotive and aerospace/defense while the market overall continues to gradually recover,” said Joel Smejkal, president and CEO. “The heavy investments in capacity expansion we have made over the past three years are enabling Vishay to capitalize on market upcycles in these high growth markets, reliably meeting quick turn delivery requirements while maintaining competitive lead times.”