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Vishay Intertechnology Turns To Q4 Profit - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Tuesday, Vishay Intertechnology Inc. (VSH) said its fourth-quarter net earnings attributable to Vishay stockholders was $28.48 million or $0.15 per share compared with a loss of $652.29 million or $3.50 per share in the prior year period.

Adjusted net earnings for the recent quarter were $31.50 million or $0.16 per share versus a loss of $13.15 million or $0.07 per share in the year-ago period. On average, 4 analysts polled by Thomson Reuters expected the company to report earnings of $0.12 per share for the quarter.

Net revenues for the quarter rose to $606.96 million from $575.44 million in the comparable period. Three analysts estimated revenues of $591.10 million for the quarter.

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