Vishay Intertechnology Posts $839.2M Q1 Revenue with 21% Gross Margin
VSH•Vishay Intertechnology reported Q1 revenues of $839.2 million with a 21.0% gross margin and GAAP EPS of $0.05, while achieving a book-to-bill ratio of 1.34 and ending the quarter with a 5.7-month backlog. Management forecasts Q2 revenues of $875–905 million and a 22.0% gross margin ±50bps.
1. Q1 Financial Highlights
Vishay Intertechnology reported first quarter revenue of $839.2 million, a gross margin of 21.0%, and GAAP EPS of $0.05, reflecting continued recovery in end markets.
2. Operational Metrics
The company achieved a book-to-bill ratio of 1.34 overall, with semiconductors at 1.47 and passive components at 1.23, and ended the quarter with a backlog covering 5.7 months of production.
3. Q2 Outlook and Strategic Focus
Management expects second quarter revenue between $875 million and $905 million and a 22.0% ±50 basis point gross margin, and will prioritize increasing backlog turns and capacity for high-growth, high-margin products under its Vishay 3.0 strategy.
