Vishay Precision Slips To Loss In Q1, Stock Down In Pre-Market

(RTTNews) - Vishay Precision Group, Inc. (VPG), Tuesday announced the financial results for the first quarter, reporting a loss of $0.9 million, or $0.07 per share, compared to net earnings of $5.9 million, or $0.44 per share, last year.

Adjusted earnings stood at $0.5 million, or $0.04 per share, compared to $5.7 million, or $0.42 per share, in the previous year.

Net revenues declined to $71.7 million from last year's $80.8 million.

Looking ahead, the company expects net revenues to be in the range of $70 million to $76 million for the second fiscal quarter of 2025.

In the pre-market hours, VPG is moving down 4.68 percent, to $23.83 on the New York Stock Exchange.