Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Vishay Precision Group Posts Lower Q1 Profit

RELATED NEWS
Trade VPG now with 

Vishay Precision Group, Inc. (VPG: Quote) reported first-quarter net earnings attributable to VPG stockholders of $1.6 million or $0.12 per share, down from $3.3 million or $0.24 per share last year in the same period.

Net revenues for the quarter declined 6.2 percent to $55.8 million from $59.5 million a year ago.

Ziv Shoshani, CEO of the company, said, "We are seeing some stability in our end markets for the first quarter of 2012. We believe the anticipated business for the second quarter will result in overall revenues in the range of $54 million to $59 million."

Click here to receive FREE breaking news email alerts for Vishay Precision Group, Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Toyota Motor Corp. (TM, TYT.L) Thursday announced 1.1 percent decline in worldwide production for October, as there was a sharp decline in production of passenger cars in Japan. Production outside Japan improved 2.3 percent. In a separate announcement, the Japanese automaker said it will recall more... Computer and printer maker Hewlett-Packard Co. said Tuesday after the markets closed that its fourth quarter profit fell 6% from last year, as revenue declined 2%. The company's quarterly earnings per share, excluding items, came in line with analysts' expectations, but its quarterly revenue fell short of analysts' forecast. This organic and natural products company has experienced strong compounded annual growth over the last four fiscal years with its net sales growing 25% and adjusted income from continuing operations over 30%.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.