Welcome to our dedicated page for Vishay Precision Group news (Ticker: VPG), a resource for investors and traders seeking the latest updates and insights on Vishay Precision Group stock.
Overview
Vishay Precision Group Inc (VPG) is an internationally recognized designer, manufacturer, and marketer of precision sensors, weighing solutions, and measurement systems. Using advanced resistive foil technology and proprietary foil strain gauge methods, VPG develops products that enable highly accurate measurements of stress, force, weight, pressure, and current. These precision components are critical in optimizing product performance for diverse applications within industrial, aerospace, medical, and consumer markets.
Technological Excellence and Core Capabilities
At the heart of VPG's operations is its cutting-edge precision foil technology. The company leverages advanced techniques to produce high-quality precision resistors and strain gauges, which are core components in its sensor offerings. These devices ensure exceptional accuracy, reliability, and reproducibility, making them essential for demanding applications in environments where even minimal measurement errors can have significant consequences.
Business Segments and Product Portfolio
VPG's product portfolio is segmented into three primary business areas:
- Sensors Segment: This segment focuses on developing and manufacturing sensors that address the growing demand for precise measurement in stress, force, and current applications. Its innovative design and technology make these sensors attractive to sectors requiring detailed data acquisition and rigorous testing methodologies.
- Weighing Solutions Segment: Specializing in force sensors and weighing systems, this division provides high-accuracy solutions for applications ranging from industrial automation to medical devices and process control. The integration of sensor technology with weighing systems enhances overall product performance across various industries.
- Measurement Systems Segment: This area offers comprehensive sensor-based measurement systems that incorporate advanced data acquisition and analysis capabilities. Such systems support improved operational efficiency and informed decision-making in sectors like transportation, communications, and manufacturing.
The company utilizes a portfolio of well-established brand names known for their precision and quality, which underscores its commitment to ongoing innovation and technological superiority.
Market Position and Competitive Landscape
VPG holds a significant market position, particularly in the United States, where it garners a substantial portion of its revenue. Its emphasis on operational excellence and cost management strategies positions it with a competitive edge in a market that demands not only technical precision but also consistent quality and reliability. VPG navigates challenges such as cyclical market trends and global supply chain dynamics by leveraging its diversified product range and innovation-driven approach.
Industry Relevance and Value Proposition
In the rapidly evolving field of precision measurement, VPG’s use of advanced sensor technology is indispensable to sectors that rely on accurate, reliable measurements. The company’s products contribute to safer operations, smarter industrial processes, and more productive outcomes by ensuring that measurement systems perform at the highest level. Through continuous technology enhancements and strategic market development, VPG remains a cornerstone in precision sensor solutions, making it an invaluable component in today's technologically driven industries.
Commitment to Innovation and Quality
The hallmark of VPG's success lies in its ability to integrate complex sensor technologies into user-friendly systems while ensuring unmatched accuracy and reliability. This fusion of engineering expertise and innovative design has allowed VPG to build a reputation that resonates well across diverse end-markets. By maintaining a focus on precision engineering and quality control, the company consistently delivers products that exceed customer expectations, thereby reinforcing its position in the competitive landscape of sensor-based measurement systems.
Conclusion
Vishay Precision Group Inc exemplifies technological excellence through its sophisticated sensor solutions and measurement systems. By harnessing advanced resistive foil technology, VPG not only provides high-precision components but also offers integrated solutions that enhance performance across multiple industries. Its strategic segmentation into sensors, weighing solutions, and measurement systems demonstrates a comprehensive approach to meeting the sophisticated demands of modern technology and industrial applications.
Vishay Precision Group (NYSE: VPG), a leader in precision measurement and sensing technologies, has scheduled its first quarter fiscal 2025 earnings conference call. The company will release financial results before market opening on Tuesday, May 6, 2025.
CEO Ziv Shoshani and CFO Bill Clancy will host the conference call at 9:00 a.m. ET. Interested parties can access the call via phone (1-833-470-1428 or +1-404-975-4839, passcode: 131775) or through a live webcast on the company's investor relations website.
A replay will be available approximately one hour after the call via phone (1-866-813-9403 or +1-929-458-6194, passcode: 849827) and on the VPG website for a time.
Vishay Precision Group (NYSE: VPG), a precision measurement and sensing technologies leader, has announced its participation in the upcoming Sidoti March 2025 Small-Cap Virtual Investor Conference. The company's presentation is scheduled for Thursday, March 19, 2025, at 11:30 a.m. ET.
Investors and interested parties can access the presentation through a live and on-demand webcast available via Sidoti's platform or directly through VPG's investor relations website. The company has also opened channels for arranging one-on-one meetings during the conference through their information contact.
Vishay Precision Group (VPG) reported its fiscal 2024 Q4 and full-year results, showing significant declines across key metrics. Q4 revenues decreased 18.8% to $72.7 million, with gross profit margin falling to 38.2% from 43.0% year-over-year. Q4 diluted EPS dropped to $0.06 from $0.31 last year.
For full-year 2024, revenues declined 13.7% to $306.5 million, with operating margin decreasing to 5.5% from 11.8%. Annual diluted EPS fell to $0.74 from $1.88. The company faced macro and cyclical headwinds but reported Q4 orders of $72.4 million, showing 5.5% sequential growth and a book-to-bill ratio of 1.00.
Looking ahead, VPG expects Q1 2025 revenues between $70-76 million. The company completed the Nokra acquisition on September 30, 2024, with integration progressing as planned.
Dynamic Systems Inc. (DSI), a subsidiary of Vishay Precision Group (VPG), has launched a new standalone Ultra High Temperature Ceramic and Composite (UHTC) system for testing non-conductive materials at temperatures above 2000°C. The company has partnered with The University of Alabama for beta testing this innovative system.
The UHTC system, building on DSI's Gleeble® technology, features rapid thermal cycling, integrated pyrometer for precise temperature control, and high throughput capabilities of 8+ tests per day. The system complies with multiple ASTM standards for ceramic testing, including flexural strength, fracture toughness, surface finishing effects, and slow crack growth testing at extreme temperatures.
This development aims to serve industries such as aerospace, defense, and energy, offering faster and more efficient testing compared to traditional furnace-based methods.
Vishay Precision Group (VPG) has scheduled its fourth quarter and full-year fiscal 2024 earnings conference call for Wednesday, February 12, 2025. The financial results will be released before market opening, followed by a conference call at 9:00 a.m. ET hosted by CEO Ziv Shoshani and CFO Bill Clancy.
Interested parties can access the call by dialing 1-833-470-1428 (US) or +1-404-975-4839 (International) using passcode 029591. A live webcast will be available on the VPG investor relations website. A replay will be accessible via phone (1-866-813-9403 US, +1-929-458-6194 International, passcode 703783) and on the company's website for a time.
Vishay Precision Group (NYSE: VPG), a precision measurement and sensing technologies company, has announced its participation in the 27th Annual Needham Growth Conference. The presentation is scheduled for January 15, 2025, at 8:00 a.m. ET. Investors and interested parties can access the presentation through a live and on-demand webcast available on both the conference platform and VPG's investor relations website. The company has also opened opportunities for one-on-one meetings during the conference, which can be arranged by contacting info@vpgsensors.com.
Vishay Precision Group (VPG) has appointed Nava Swersky Sofer as a new independent director to its Board, effective immediately. Sofer brings extensive experience as a strategic consultant, venture capitalist, and thought leader in innovation and technology commercialization. Her background includes serving as president and CEO of Yissum Hebrew University Technology Transfer (2005-2009), partnership roles at various venture capital firms (1995-2005), and vice president position at Novartis (1991-1996).
With a law degree from Tel Aviv University and an MBA from IMD, Sofer has lectured on innovation and entrepreneurship at major universities globally since 2009 and has served on numerous public and private boards, including Brenmiller Energy and the Israel Innovation Authority.
Vishay Precision Group (VPG) has announced its participation in two upcoming investor conferences in December 2024. The company will present at the Sidoti December 2024 Small-Cap Investor Virtual Conference on December 5 at 9:15 a.m. ET, with a live and on-demand webcast available to the public. Additionally, VPG will attend the 13th Annual NYC Summit on December 17 in New York, an independent conference featuring 17 technology companies in a round-robin format with small group management meetings.
Vishay Precision Group (VPG) reported fiscal 2024 third quarter results with revenues of $75.7 million, showing an 11.8% decrease year-over-year. The company experienced a net loss of $(1.4) million, or $(0.10) per diluted share, compared to earnings of $6.3 million, or $0.46 per share in Q3 2023. Operating margin declined to 5.1% from 9.6%, while gross profit margin decreased to 40.0% from 41.9%. Total orders were $68.6 million with a book-to-bill ratio of 0.91. The company expects Q4 2024 revenues between $70-78 million. Performance was impacted by soft cyclical markets in steel and consumer sectors, while test and measurement and avionics showed improvement.
Vishay Precision Group (NYSE: VPG), a leader in precision measurement and sensing technologies, has announced the date for its Third Quarter Fiscal 2024 Earnings Conference Call. The company will release its financial results on Tuesday, November 5, 2024, before the market opens. CEO Ziv Shoshani and CFO Bill Clancy will host a conference call at 9:00 a.m. U.S. eastern time on the same day.
Interested parties can access the call by dialing 1-833-470-1428 (U.S.) or +1-404-975-4839 (international) using passcode 148407. A live webcast will be available on the VPG website's investor relations section. A replay will be accessible via phone and on the company's website for a time after the call.
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