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.
Littelfuse reported strong Q1 2021 results with net sales of $463.8 million, a 34% increase year-over-year, driven by demand in electronics, automotive, and industrial sectors. Electronics sales rose by 34%, automotive by 23%, and industrial by 80%. GAAP diluted EPS was $2.32, while adjusted diluted EPS grew 107% to $2.67. Cash flow from operations reached $50.2 million. For Q2 2021, the company anticipates net sales between $463 million and $477 million and an adjusted EPS of $2.12 to $2.28. A new stock repurchase authorization of up to $300 million was also approved.
Littelfuse, an industrial technology manufacturing company listed on NASDAQ under the symbol LFUS, announced its participation in the Oppenheimer Virtual Industrial Growth Conference on May 5, 2021. Interested parties can schedule a call with management through their Oppenheimer representative. A live webcast of the presentation will be available on the company's investor relations page, with materials posted post-event. Littelfuse operates globally, employing 12,000 associates and serving over 100,000 end customers across various markets.
Littelfuse (NASDAQ: LFUS) announced it will release its financial results for Q1 fiscal 2021 on April 28, 2021, prior to market opening. The press release and accompanying slide presentation will be accessible in the Investor Relations section of the company's website. A conference call will follow at 9:00 a.m. Central Time, available via webcast and for replay on the company's site. Littelfuse is a global industrial technology manufacturer focused on delivering sustainable, connected, and safer solutions across various markets.
Littelfuse, Inc. (NASDAQ: LFUS) has announced its sponsorship of Women in Electronics (WE), a nonprofit organization aimed at fostering the development of women in the electronics industry. This partnership includes sponsorship of WE’s Even Better Together Leadership Summit on March 24. President and CEO Dave Heinzmann highlighted the importance of women’s talents in driving innovation. The collaboration will also benefit Littelfuse's Women’s Initiative Network (WiN), established in 2017 to support women's advancement in technology fields.
Littelfuse (NASDAQ: LFUS) is set to partake in Baird's Vehicle Technology & Mobility Conference on March 9-10 and Loop Capital’s Consumer, Industrials & TMT Conference on March 12. These events will connect the company with investors, focusing on its commitment to sustainable, connected industrial technology. Littelfuse operates in over 15 countries, employing around 12,000 associates, and serves more than 100,000 customers with innovative solutions across various industries.
Littelfuse, a leader in industrial technology, is set to present an update on its long-term strategy today at 9:00 a.m. Central Time. A live webcast will be available on Littelfuse.com. The company reaffirmed its first quarter 2021 guidance, projecting net sales between $418 and $432 million and adjusted diluted EPS ranging from $1.76 to $1.92, with an effective tax rate of approximately 21%. Littelfuse continues to innovate across various markets, serving over 100,000 customers globally.
Littelfuse (NASDAQ: LFUS) will host a virtual investor and analyst event on February 23, 2021, at 9:00 a.m. Central Time. Interested parties can register here or via the company’s investor relations page. The event will feature presentations, with materials posted and an archived webcast available post-event.
Littelfuse, Inc. (NASDAQ: LFUS) will host a virtual investor and analyst event on February 23, 2021, at 9:00 a.m. Central Time. Interested participants can register for the event here or through the investor relations page at Littelfuse.com. Materials will be available after the event.
Littelfuse (NASDAQ: LFUS) reported strong fourth quarter 2020 results with net sales of $400.7 million, an 18% increase year-over-year, driven by robust demand in automotive, electronics, and industrial sectors. Adjusted diluted EPS was $2.23, benefiting from a lower effective tax rate. However, the full year saw a 4% decline in total net sales, impacted by decreases in the automotive and electronics segments. Looking ahead, the company forecasts first-quarter net sales between $418 and $432 million and an adjusted EPS of $1.76 to $1.92, indicating a strong start to 2021.
Littelfuse, Inc. (NASDAQ: LFUS) has acquired Hartland Controls, a supplier of electrical components focused on HVAC/R systems, with 2020 sales of approximately $70 million. This acquisition aims to enhance Littelfuse’s capabilities in control products and engineering, bolstering their customer service. The integration is expected to strengthen its market presence in industrial applications. Further details will be discussed in the upcoming earnings conference call on February 3, 2021 at 9:00 a.m. CT.
FAQ
What is the current stock price of Littelfuse (LFUS)?
What is the market cap of Littelfuse (LFUS)?
What does Littelfuse Inc. specialize in?
When was Littelfuse Inc. founded?
Where is Littelfuse Inc. headquartered?
How many employees does Littelfuse Inc. have?
What markets does Littelfuse Inc. serve?
What are some of the key products offered by Littelfuse Inc.?
What recent achievements has Littelfuse Inc. accomplished?
Is Littelfuse Inc. involved in electric vehicle infrastructure?
What is the global presence of Littelfuse Inc.?
How does Littelfuse Inc. ensure the reliability of its products?
