Vishay Precision Group stock reports Q2 revenue growth and loss
π VPG reported Q2 revenue of $83.94 million, representing an 11.7% year-over-year increase.
πΈ The company posted a GAAP loss with diluted EPS of negative $0.13 and operating profit of negative $294,000.
π Adjusted EPS of $0.04 missed the analyst consensus estimate of $0.19 for the quarter.
π¦ Q2 bookings reached $96 million, yielding a book-to-bill ratio of 1.14 and a backlog of $136 million.
π¬ Sensor revenue hit $48.1 million, supported by demand from semiconductors, data centers, and aerospace/defense.
β οΈ Approximately $3 million of Q2 revenue was affected by delivery delays linked to ERP implementation.
π VPG forecasts Q3 revenue between $84 million and $89 million for the period ending October 3, 2026.
π° The company targets $6 million in cost savings for the full year 2026.
π¦ MarketBeat lists a Hold consensus with an average price target of $82.33 against a current price of $78.06.
π B. Riley retained a Buy rating but cut its price target from $109.00 to $105.00 on August 6, 2026.
- Q2 revenue grew 11.7% year-over-year to reach $83.94 million.
- Strong order intake with Q2 bookings of $96 million and a book-to-bill ratio of 1.14.
- Sensor segment generated $48.1 million in revenue driven by demand from semiconductors, data centers, and aerospace/defense.
- Company identified $6 million in targeted cost savings for 2026.
- GAAP diluted EPS was negative $0.13 while operating profit turned to a loss of $294,000.
- Adjusted EPS of $0.04 missed the analyst consensus estimate of $0.19.
- Q2 revenue of $83.94 million fell short of the $87.44 million expected by analysts.
- Approximately $3 million of reported revenue was impacted by delivery delays related to ERP implementation.