Vishay Precision Group, Inc. (VPG) released earnings for fourth quarter that decreased from the same period last year and missed the Street estimates.
The company's bottom line totaled $0.77 million, or $0.06 per share. This compares with $4.23 million, or $0.31 per share, last year.
Excluding items, Vishay Precision Group, Inc. reported adjusted earnings of $0.40 million or $0.03 per share for the period.
Analysts on average had expected the company to earn $0.14 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 18.9% to $72.65 million from $89.53 million last year.
Vishay Precision Group, Inc. earnings at a glance (GAAP) :
-Earnings: $0.77 Mln. vs. $4.23 Mln. last year.
-EPS: $0.06 vs. $0.31 last year.
-Revenue: $72.65 Mln vs. $89.53 Mln last year.
-Guidance:
Next quarter revenue guidance: $70 - $76 Mln
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