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Littelfuse Inc - LFUS STOCK NEWS

Welcome to our dedicated page for Littelfuse news (Ticker: LFUS), a resource for investors and traders seeking the latest updates and insights on Littelfuse stock.

Littelfuse Inc. (symbol: LFUS), founded in 1927, is a global leader in circuit protection solutions. Headquartered in Chicago, Illinois, Littelfuse offers the industry’s most comprehensive portfolio of circuit protection products and solutions. These include fuses, gas discharge tubes (GDTs), positive temperature coefficient devices (PTCs), protection relays, PulseGuard® ESD suppressors, SIDACtor® devices, TVS diode arrays (SPA™ family of products), switching thyristors, TVS diodes, and varistors. The company also provides reliable electromechanical and electronic switch and control devices for commercial and specialty vehicles.

Littelfuse protects products in virtually every market that uses electrical energy, including consumer electronics, automobiles, and industrial equipment. The company's products are vital in safeguarding devices from overcurrent, overvoltage, electrostatic discharge (ESD), and other electrical disturbances.

With over 40 sales, distribution, manufacturing, and engineering facilities in the Americas, Europe, and Asia, Littelfuse has a vast global presence. The company has also been expanding its power semiconductor business, primarily serving industrial end markets and making inroads into electric vehicle (EV) charging infrastructure.

As of the latest update, Littelfuse employs around 17,000 individuals worldwide. The company continues to innovate and provide highly reliable technologies, ensuring high performance and safety in a variety of applications.

Recent achievements include strategic partnerships and technological advancements in the power semiconductor sector. Littelfuse is also involved in numerous ongoing projects aimed at enhancing the efficiency and reliability of its products. Financially, Littelfuse maintains a stable condition, consistently focusing on growth and customer satisfaction.

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Littelfuse, Inc. (NASDAQ: LFUS) reported record sales and earnings for Q4 and full year 2021. Q4 net sales were $553.1 million, up 38%, with GAAP diluted EPS at $2.08. For the full year, sales reached $2.1 billion, a 44% increase, and GAAP diluted EPS soared to $11.38. Strong demand across all segments and strategic acquisition of Carling Technologies contributed to growth. Cash flow from operations stood at $373 million. Guidance for Q1 2022 forecasts net sales of $563 to $577 million and adjusted EPS of $3.14 to $3.30.

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Littelfuse, Inc. (NASDAQ: LFUS) announced it will release its financial results for Q4 fiscal 2021 after market close on February 1, 2022. The results will be accessible in the Investor Relations section of its website. A conference call to discuss these results will be held on February 2, 2022, at 9:00 a.m. Central Time, with a webcast available for replay on their site. Littelfuse specializes in industrial technology, partnering globally to deliver innovative solutions across various markets.

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Littelfuse, Inc. (NASDAQ: LFUS) has completed its acquisition of Carling Technologies, significantly expanding its commercial vehicle business. Carling, with annualized sales of approximately $170 million, enhances Littelfuse's capabilities in switching and circuit protection technologies across various markets. The acquisition is expected to more than double the size of Littelfuse's commercial vehicle business and accelerate growth in strategic areas. Following the acquisition, Littelfuse anticipates fourth-quarter net sales between $518 million and $532 million, with adjusted diluted EPS projected between $2.82 and $2.98.

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Littelfuse, Inc. (NASDAQ: LFUS) reported remarkable third-quarter results for 2021, achieving net sales of $539.6 million and a GAAP diluted EPS of $3.69. This performance was propelled by robust demand in the electronics segment. The company’s GAAP operating margin stood at 22.3%. Additionally, Littelfuse announced an acquisition agreement for Carling Technologies, expected to enhance its market position, with Carling generating annual sales of approximately $170 million. For Q4, projected net sales are between $503 million and $517 million.

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Littelfuse has announced its acquisition of Carling Technologies for $315 million, enhancing its position in commercial vehicles and communications infrastructure. Carling, with annual sales of around $170 million, brings expertise in switching and circuit protection technologies. The deal is expected to close in Q4 2021, pending regulatory approvals. Key executives from both companies express optimism about the synergy and growth opportunities that this acquisition represents for their customers and stakeholders.

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Littelfuse (NASDAQ: LFUS) has announced its participation in two upcoming virtual investor conferences. The first is the Baird Global Industrial Conference on November 9, followed by the Stifel Midwest One-on-One Growth Conference on November 11. Interested parties can arrange calls with management through Baird or Stifel representatives. The presentations will be accessible via a live webcast on Littelfuse's investor relations page, with presentation materials and an archived webcast available post-event.

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Littelfuse, Inc. (NASDAQ: LFUS) will release its financial results for Q3 2021 on October 26, 2021, after market close. A conference call to discuss the results is scheduled for October 27, 2021, at 9:00 a.m. Central Time, available via webcast. The company's Investor Relations section will provide access to the press release and slide presentation after the results are published. Littelfuse operates globally across 15 countries and employs 12,000 associates, serving over 100,000 end customers.

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Littelfuse, Inc. (NASDAQ: LFUS) reported strong financial results for Q2 2021, with net sales of $523.5 million and a GAAP diluted EPS of $3.30. The company’s operating margins stood at 18.4% (GAAP) and 19.5% (adjusted). Cash flow from operations was $76.2 million, while free cash flow reached $58.2 million. Littelfuse's Board approved a 10% increase in the quarterly cash dividend, raising it from $0.48 to $0.53. The company anticipates Q3 net sales between $510 million and $524 million and adjusted EPS of $3.07 to $3.23.

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Littelfuse (NASDAQ: LFUS) announced its participation in virtual investor conferences on August 4 at the Jefferies Industrials Conference and September 14 at the CL King Best Ideas Conference. Interested parties can arrange calls with management through their respective conference representatives. A live webcast of the presentations will be available on Littelfuse's investor relations page, where presentation materials will also be posted and archived after the events. Littelfuse is committed to sustainability and innovation across over 15 countries, serving a diverse range of industries.

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FAQ

What is the current stock price of Littelfuse (LFUS)?

The current stock price of Littelfuse (LFUS) is $234.44 as of December 20, 2024.

What is the market cap of Littelfuse (LFUS)?

The market cap of Littelfuse (LFUS) is approximately 5.8B.

What does Littelfuse Inc. specialize in?

Littelfuse Inc. specializes in circuit protection solutions, including fuses, relays, and a wide range of electronic protection devices.

When was Littelfuse Inc. founded?

Littelfuse Inc. was founded in 1927.

Where is Littelfuse Inc. headquartered?

Littelfuse Inc. is headquartered in Chicago, Illinois.

How many employees does Littelfuse Inc. have?

Littelfuse Inc. employs around 17,000 individuals globally.

What markets does Littelfuse Inc. serve?

Littelfuse Inc. serves various markets including consumer electronics, automobiles, industrial equipment, and telecommunications.

What are some of the key products offered by Littelfuse Inc.?

Key products include fuses, gas discharge tubes, PTCs, protection relays, ESD suppressors, SIDACtor devices, TVS diode arrays, and varistors.

What recent achievements has Littelfuse Inc. accomplished?

Recent achievements include strategic partnerships and advancements in the power semiconductor sector.

Is Littelfuse Inc. involved in electric vehicle infrastructure?

Yes, Littelfuse Inc. is making significant inroads into the electric vehicle charging infrastructure.

What is the global presence of Littelfuse Inc.?

Littelfuse Inc. has over 40 facilities worldwide, including sales, distribution, manufacturing, and engineering locations in the Americas, Europe, and Asia.

How does Littelfuse Inc. ensure the reliability of its products?

Littelfuse Inc. ensures product reliability through continuous innovation, strategic partnerships, and comprehensive testing and development processes.

Littelfuse Inc

Nasdaq:LFUS

LFUS Rankings

LFUS Stock Data

5.78B
24.58M
0.88%
103.18%
1.16%
Electronic Components
Switchgear & Switchboard Apparatus
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United States of America
CHICAGO