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Vishay Precision Group Q2 Profit Declines

Vishay Precision Group, Inc. (VPG) reported second-quarter net earnings attributable to the company of $2.96 million or $0.21 per share, down from $2.98 million or $0.22 per share in the comparable quarter last year.

Net revenues for the latest quarter declined 11 percent to $55.3 million from $62.1 million last year.

Looking ahead, the company said that it anticipates overall revenues for the third quarter will be in the range of $52 million to $57 million.

by RTTNews Staff Writer

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