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.
Vishay Precision Group, Inc. (VPG) is a global leader in the design, manufacture, and marketing of high-precision sensors, weighing solutions, and measurement systems. The company is renowned for its advanced resistive foil technology and serves diverse markets that require precise measurement of stress, force, weight, pressure, and current.
The company's portfolio includes precision foil resistors, foil strain gauges, load cells, and sensor-based systems, making it the market leader in foil technology products. VPG's products stand out in their reliability and accuracy, making them essential in industries such as aerospace, military, industrial, consumer electronics, and healthcare.
VPG operates through three main segments:
- Sensors Segment: This segment specializes in precision resistors and strain gauges. It provides critical measurement solutions to markets requiring high-accuracy components, including avionics, military, and space applications.
- Weighing Solutions Segment: Focuses on load cells and weighing systems that are utilized in various sectors like precision agriculture, construction, and industrial weighing. The segment has seen significant growth due to increased sales in these markets.
- Measurement Systems Segment: Delivers sophisticated measurement systems for steel production and diversified technical applications. The segment has shown robust performance with increased revenues, particularly in the steel market.
Recent Achievements: In the second fiscal quarter of 2023, VPG reported strong financial results with an increase in revenue and adjusted gross margin. Sequentially, the company grew its adjusted EBITDA by 13.0% and adjusted free cash flow by 29.7%. The third quarter saw mixed results with higher sales in the Measurement Systems segment, although overall orders decreased due to economic trends impacting some markets.
VPG has demonstrated a solid financial foundation, evidenced by its consistent cash flow generation and strategic stock repurchases. The company is poised for future growth with a focus on expanding applications for its precision measurement and sensing technologies.
Partnerships and Innovation: VPG continues to innovate by leveraging its proprietary technology in precision resistors and strain gauges. The company maintains strong customer relationships and is committed to developing new products and solutions that meet the evolving needs of its markets.
For more detailed information about VPG, visit their official website at www.vpgsensors.com.
Vishay Precision Group, a leader in precision measurement and sensing technologies, announced its Annual Meeting of Stockholders will be held virtually on May 24, 2023, at 9:00 a.m. ET. Stockholders will have access to the proxy materials online, minimizing costs associated with printing and postage. Those with a control number can vote their shares online; guests can attend but cannot vote. The meeting aims to enhance shareholder engagement and streamline the voting process. VPG focuses on optimizing customer product performance across various markets, contributing to safer and smarter solutions.
Diversified Technical Systems (DTS), part of Vishay Precision Group (NYSE: VPG), announced the launch of the new TSR AIR data logger on April 12, 2023. This ultra-small device is designed for automotive, aerospace, and industrial testing, featuring 11 built-in sensors for shock and vibration analysis. The TSR AIR is compact, high-shock rated, and operates across a wide temperature range (-40°C to 60°C), making it suitable for both transient and long-term monitoring. Its innovative power management allows prolonged system monitoring, while real-time data streaming enhances testing capabilities. The device is particularly useful for applications such as UAV testing, vehicle crash assessments, and engine vibration studies. For further details, visit www.dtsweb.com.
Vishay Precision Group (NYSE: VPG) will announce its financial results for the first quarter of fiscal 2023 on May 9, 2023, before market opening.
CEO Ziv Shoshani and CFO Bill Clancy will lead a conference call on the same day at 9:00 a.m. Eastern Time. Investors can join by calling 1-833-470-1428 (U.S.) or +1-929-526-1599 (international) with passcode 165286, or via a live webcast available on the VPG investor relations website.
A replay of the call will be accessible approximately one hour after its conclusion, with call-in details provided for both domestic and international participants. For more information, visit VPG's investor relations page.
MALVERN, Pa., March 9, 2023 – Vishay Precision Group (NYSE: VPG) will present at the Sidoti March Small-Cap Virtual Investor Conference on March 23, 2023, at 9:15 a.m. ET. The presentation aims to showcase the company's innovations in precision measurement and sensing technologies that enhance product performance across various markets.
A live and on-demand webcast of the presentation will be accessible to the public via this link or through VPG’s official website. For inquiries or to arrange one-on-one meetings, please contact info@vpgsensors.com.
Vishay Precision Group (NYSE: VPG) reported its fiscal 2022 fourth quarter results, highlighting a revenue increase of 6.9% year-over-year, totaling $96.2 million. The gross profit margin improved to 41.2% from 38.7% a year prior. Diluted net earnings per share rose to $0.65, up from $0.44. For the full year, VPG saw revenues of $362.6 million, a 14.0% increase, with adjusted diluted net earnings per share at $2.62. However, the company experienced a book-to-bill ratio of 0.76 in Q4, indicating softer orders due to cyclical market adjustments. Looking ahead, VPG anticipates net revenues between $85 million and $95 million for Q1 2023.
Vishay Precision Group (VPG) will release its financial results for the fourth quarter and full year of fiscal 2022 on February 14, 2023, after market close. The conference call is set for February 15, 2023, at 9:00 a.m. ET, featuring CEO Ziv Shoshani and CFO Bill Clancy. Investors can participate by calling 1-844-200-6205 or via the live webcast on the VPG investor relations website. A replay will be available one hour after the call's conclusion. VPG specializes in precision measurement and sensing technologies, enhancing product performance across diverse markets.
MALVERN, Pa., Dec. 20, 2022 – Vishay Precision Group (NYSE: VPG) will present at the 25th Annual Needham Growth Investor Conference on January 11, 2023, at 4:30 p.m. ET. A live and on-demand webcast of the presentation will be available for public access via https://wsw.com/webcast/needham128/vpg/2083977 and on the company's website. VPG is known for its precision measurement sensing technologies, which enhance customer product performance across various markets.
Vishay Precision Group (VPG) will present at the Sidoti December Virtual Small Cap Investor Conference on December 7, 2022, at 10:00 a.m. ET. This event showcases VPG’s expertise in precision measurement sensing technologies. A live and on-demand webcast of the presentation will be accessible to the public through the provided links. For inquiries or to schedule a one-on-one meeting, interested parties can contact VPG via email. VPG continues to innovate in sensor technology, enhancing performance across various markets.
Vishay Precision Group (VPG) reported a strong fiscal Q3 2022 with revenues of $90.1 million, up 9.9% year-over-year. Gross profit margin improved to 41.4% from 38.8% last year, and diluted EPS surged to $0.74 from $0.39. Adjusted EBITDA was $16.1 million with a margin of 17.9%. The company posted a book-to-bill ratio of 1.08 and generated $11.8 million in cash from operations. For Q4 2022, VPG anticipates revenues between $88 million and $98 million.
Vishay Precision Group (NYSE: VPG) will announce its third quarter financial results for fiscal 2022 on November 7, 2022, after market close. A conference call with CEO Ziv Shoshani and CFO Bill Clancy is scheduled for November 8, 2022, at 9:00 a.m. ET. Participants can join the call by dialing 1-844-200-6205 or internationally +1-929-526-1599 with passcode 301523, or via the VPG investor relations website. A replay will be available following the call. VPG specializes in precision measurement and sensing technologies across diverse markets.
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