10.08.2021 13:14:29
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Vishay Intertechnology Inc. Q2 adjusted earnings Beat Estimates
(RTTNews) - Vishay Intertechnology Inc. (VSH) revealed earnings for its second quarter that increased from last year.
The company's profit totaled $93.19 million, or $0.64 per share. This compares with $24.65 million, or $0.17 per share, in last year's second quarter.
Excluding items, Vishay Intertechnology Inc. reported adjusted earnings of $89.31 million or $0.61 per share for the period.
Analysts had expected the company to earn $0.58 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 40.8% to $819.12 million from $581.72 million last year.
Vishay Intertechnology Inc. earnings at a glance:
-Earnings (Q2): $89.31 Mln. vs. $25.94 Mln. last year. -EPS (Q2): $0.61 vs. $0.18 last year. -Analysts Estimate: $0.58 -Revenue (Q2): $819.12 Mln vs. $581.72 Mln last year.
-Guidance: Next quarter revenue guidance: $810 to $850 Mln
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