Vishay Precision Group, Inc. Q1 adjusted earnings Beat Estimates

Vishay Precision Group, Inc. (VPG) released a profit for its first quarter that advanced from last year.

The company's earnings totaled $4.99 million, or $0.37 per share. This compares with $2.00 million, or $0.15 per share, in last year's first quarter.

Excluding items, Vishay Precision Group, Inc. reported adjusted earnings of $4.99 million or $0.37 per share for the period.

Analysts had expected the company to earn $0.33 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 22.2% to $73.09 million from $59.79 million last year.

Vishay Precision Group, Inc. earnings at a glance:

-Earnings (Q1): $4.99 Mln. vs. $2.51 Mln. last year.
-EPS (Q1): $0.37 vs. $0.19 last year.
-Analysts Estimate: $0.33
-Revenue (Q1): $73.09 Mln vs. $59.79 Mln last year.

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