Vishay Precision Q3 revenue rises but margins hit by currency and costs
VPG•Vishay Precision Group’s fiscal third-quarter revenue rose year over year to $85.07 million but missed the $86.56 million estimate, while EPS was $0.04. The company expects fourth-quarter revenue of $84 million to $91 million at constant exchange rates.
1. Revenue and margins
Vishay Precision Group reported fiscal third-quarter revenue of $85.07 million, up year over year but below the $86.56 million estimate. EPS was $0.04, and the company said unfavorable currency exchange rates and higher manufacturing costs weighed on margins, partly offset by higher volume.
2. Outlook and demand
The company expects fourth-quarter net revenue of $84 million to $91 million at constant exchange rates and sees revenue momentum into 2027, citing strong order activity and a growing backlog. It said record sensor bookings were driven by strength in AI-driven applications and demand for precision resistors in semiconductor equipment, data centers and fiber-optic applications.
