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Vishay Intertechnology Q1 Earnings, Revenue Decline; Q2 Revenue Outlook Issued; Shares Fall Pre-Bell
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Vishay Intertechnology Q1 Earnings, Revenue Decline; Q2 Revenue Outlook Issued; Shares Fall Pre-Bell
May 8, 2024 6:10 AM

08:30 AM EDT, 05/08/2024 (MT Newswires) -- Vishay Intertechnology ( VSH ) reported Q1 earnings Wednesday of $0.22 per diluted share, down from $0.79 a year earlier.

Three analysts polled by Capital IQ expected $0.21.

Revenue for the fiscal quarter ended March 30 was $746.3 million, down from $871 million a year earlier.

Four analysts surveyed by Capital IQ expected $735.9 million.

For fiscal Q2, the semiconductor components maker expects revenue of $730 million to $770 million. Four analysts surveyed by Capital IQ expect $759.6 million.

Shares of the company were down more than 4% in recent Wednesday premarket activity.

Price: 22.00, Change: -0.97, Percent Change: -4.22

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