07.08.2018 13:36:45

Vishay Intertechnology Inc. Q2 adjusted earnings Beat Estimates

(RTTNews) - Vishay Intertechnology Inc. (VSH) reported earnings for its second quarter that climbed from the same period last year.

The company's profit totaled $103.10 million, or $0.65 per share. This compares with $56.19 million, or $0.36 per share, in last year's second quarter.

Excluding items, Vishay Intertechnology Inc. reported adjusted earnings of $85.65 million or $0.54 per share for the period.

Analysts had expected the company to earn $0.48 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 18.3% to $761.03 million from $643.16 million last year.

Vishay Intertechnology Inc. earnings at a glance:

-Earnings (Q2): $85.65 Mln. vs. $55.28 Mln. last year. -EPS (Q2): $0.54 vs. $0.36 last year. -Analysts Estimate: $0.48 -Revenue (Q2): $761.03 Mln vs. $643.16 Mln last year.

-Guidance: Next quarter revenue guidance: $755 to $795 Mln

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Vishay Intertechnology Inc. 17,06 2,34% Vishay Intertechnology Inc.