Vishay Intertechnology Inc. Reports 14% Advance In Q2 Bottom Line

(RTTNews) - Vishay Intertechnology Inc. (VSH) revealed earnings for its second quarter that advanced from last year.

The company said its bottom line rose to $34.24 million, or $0.23 per share. This was up from $29.94 million, or $0.20 per share, in last year's second quarter.

Analysts had expected the company to earn $0.22 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 0.1% to $590.05 million. This was down from $590.47 million last year.

Vishay Intertechnology Inc. earnings at a glance:

-Earnings (Q2): $34.24 Mln. vs. $29.94 Mln. last year. -Earnings Growth (Y-o-Y): 14.4% -EPS (Q2): $0.23 vs. $0.20 last year. -EPS Growth (Y-o-Y): 15.0% -Analysts Estimate: $0.22 -Revenue (Q2): $590.05 Mln vs. $590.47 Mln last year. -Revenue Change (Y-o-Y): -0.1%

-Guidance: Next quarter revenue guidance: $570 to $610 Mln