Vishay Precision Group sets November 4 results date for VPG stock
π VPG will report fiscal third-quarter 2026 results on November 4, 2026, with a conference call scheduled for 9:00 a.m. ET.
π° Fiscal second-quarter revenue reached USD 83.94 million, marking an 11.70% year-over-year increase.
π The Sensors segment delivered the strongest performance with revenue of USD 33.4 million, up 25.80% from the prior year.
π¦ Bookings exceeded shipments in the second quarter, totaling USD 95.5 million and resulting in a book-to-bill ratio of 1.14.
π Operating margins declined to negative 0.40% compared to 3.60% in the same period last year.
πΈ Adjusted EBITDA margins fell to 6.50% from 11.10%, reflecting a challenge in converting revenue growth into earnings.
π VPG reported a net loss of USD 1.7 million, or USD 0.13 per diluted share, versus net earnings of USD 0.3 million in the prior year.
π± A significant portion of the financial pressure was attributed to USD 3.3 million in unfavorable foreign exchange effects.
π οΈ Delayed shipments linked to an enterprise resource planning implementation contributed USD 3.0 million to the quarter's challenges.
π The company has a market capitalization of USD 898.9 million and a 52-week trading range between USD 29.08 and USD 151.78.
- Fiscal second-quarter revenue grew 11.70% year over year to reach USD 83.94 million, demonstrating strong top-line momentum.
- The Sensors segment delivered exceptional growth with revenue rising 25.80% to USD 33.4 million in the fiscal second quarter.
- Bookings significantly outpaced shipments in the second quarter, totaling USD 95.5 million and establishing a healthy book-to-bill ratio of 1.14.
- Operating margins deteriorated sharply to negative 0.40% from 3.60% a year ago, indicating severe profitability pressure despite revenue growth.
- Adjusted EBITDA margins contracted to 6.50% from 11.10%, highlighting the difficulty in translating sales volume into operational earnings.
- The company recorded a net loss of USD 1.7 million, or USD 0.13 per diluted share, compared to net earnings of USD 0.3 million in the prior-year period.
- Unfavorable foreign exchange effects of USD 3.3 million materially impacted the bottom line during the fiscal second quarter.
- Delayed shipments associated with an enterprise resource planning implementation reduced revenue by USD 3.0 million, creating a timing mismatch between bookings and recognition.