1 January 30, 2024 Expertise Applied | Answers Delivered Important Information About Littelfuse, Inc. This presentation does not constitute or form part of, and should not be construed as, an offer or solicitation to purchase or sell securities of Littelfuse, Inc. and no investment decision should be made based upon the information provided herein. Littelfuse strongly urges you to review its filings with the Securities and Exchange Commission, which can be found at investor.littelfuse.com. This website also ...

Littelfuse (LFUS) reported $533.81 million in revenue for the quarter ended December 2023, representing a year-over-year decline of 13%. EPS of $2.02 for the same period compares to $3.34 a year ago.The reported revenue represents a surprise of -0.42% over the Zacks Consensus Estimate of $536.05 million. With the consensus EPS estimate being $2.02, the company has not delivered EPS surprise.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compa ...

CHICAGO--(BUSINESS WIRE)--Littelfuse, Inc. (NASDAQ: LFUS), a diversified, industrial technology manufacturing company empowering a sustainable, connected, and safer world, today reported financial results for the fourth quarter and full year ended December 30, 2023: Fourth Quarter 2023 Results Net sales of $533.8 million were down 13% versus the prior year period, and down 14.5% organically GAAP diluted EPS was $1.71; adjusted diluted EPS was $2.02 Cash flow from operations was $144 million and free ...

Wall Street analysts forecast that Littelfuse (LFUS) will report quarterly earnings of $2.02 per share in its upcoming release, pointing to a year-over-year decline of 39.5%. It is anticipated that revenues will amount to $536.05 million, exhibiting a decline of 12.6% compared to the year-ago quarter.The current level reflects a downward revision of 0.9% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised th ...

CHICAGO--(BUSINESS WIRE)--Littelfuse, Inc. (NASDAQ: LFUS), a diversified, industrial technology manufacturing company empowering a sustainable, connected, and safer world, announced today that it will release financial results for its fourth quarter of fiscal 2023 after market close on Tuesday, January 30, 2024. The press release and slide presentation will be available in the Investor Relations section of the company’s website, Littelfuse.com. The company will host a conference call on Wednesday, January ...

CHICAGO--(BUSINESS WIRE)--Littelfuse, Inc. (NASDAQ: LFUS), an industrial technology manufacturing company empowering a sustainable, connected, and safer world, was recently named one of America’s Most Responsible Companies on Newsweek’s 2024 list. This marks the second consecutive year the Company has been recognized. This prestigious award is presented by Newsweek and Statista Inc., the world-leading statistics portal and industry ranking provider. The final list recognizes the top 600 most responsible ...

Financial Performance - For Q3 2023, the company reported net sales of $607.1 million, a decrease of $51.8 million, or 7.9% compared to Q3 2022, including $7.3 million or 1.1% from favorable foreign exchange rates [121]. - Net income for Q3 2023 was $57.8 million, or $2.30 per diluted share, down from $75.5 million, or $3.02 per diluted share in Q3 2022, primarily due to lower operating income in the Electronics segment [121]. - Operating income for Q3 2023 was $93.6 million, a decrease of $28.3 million, or 23.2%, compared to Q3 2022, with operating margins declining from 18.5% to 15.4% [137]. - Gross profit for Q3 2023 was $226.9 million, or 37.4% of net sales, down from $256.8 million, or 39.0% of net sales in Q3 2022 [133]. - Cost of sales for Q3 2023 was $380.2 million, or 62.6% of net sales, compared to $402.1 million, or 61.0% of net sales in Q3 2022 [131]. - Operating income for the first nine months of 2023 was $296.3 million, a decrease of $110.3 million, or 27.1%, compared to $406.6 million for the same period in 2022 [138]. - Income before income taxes for the first nine months of 2023 was $269.6 million, or 14.7% of net sales, down from $339.7 million, or 17.9% of net sales, in the first nine months of 2022 [140]. - Net sales decreased by $51.3 million, or 6.8%, in the first nine months of 2023 compared to the same period in 2022, primarily due to lower volume in the electronics products business [162]. Segment Performance - Net sales in the Electronics segment decreased by $69.0 million, or 6.1%, in the first nine months of 2023 compared to the same period in 2022, despite an incremental $91.9 million from the C&K acquisition [147]. - Net sales in the Transportation segment decreased by $32.6 million, or 5.9%, in the first nine months of 2023, with a significant decline of $40.6 million in the commercial vehicle business [152]. - Net sales in the Industrial segment increased by $29.7 million, or 12.9%, in the first nine months of 2023, driven by higher volume in construction/MRO and the acquisition of Western Automation [156]. - Operating income in the Electronics segment for the first nine months of 2023 was $247.0 million, a decrease of $92.6 million, or 27.3%, compared to $339.7 million in the same period of 2022 [150]. - Operating income in the Transportation segment for the first nine months of 2023 was $26.0 million, a decrease of $31.6 million, or 54.8%, compared to $57.6 million in the same period of 2022 [154]. - Operating income in the Industrial segment for the first nine months of 2023 was $45.5 million, an increase of $5.5 million, or 13.7%, compared to $40.0 million in the same period of 2022 [158]. Acquisitions and Investments - The company acquired Western Automation for approximately $162 million in cash, which had annualized sales of about $25 million at the time of acquisition [123]. - The company entered into a purchase agreement to acquire a 200mm wafer fab in Dortmund, Germany for approximately €93 million, with a down payment of €37.2 million made in Q3 2023 [122]. - The acquisition of Western Automation for approximately $162 million was completed, with annualized sales of about $25 million reported at the time of acquisition [183]. Cash Flow and Dividends - Net cash provided by operating activities for the nine months ended September 30, 2023 was $313.1 million, slightly down from $313.4 million for the same period in 2022 [124]. - Net cash used in investing activities was $261.4 million for the nine months ended September 30, 2023, a significant decrease from $610.0 million in the same period in 2022 [188]. - The Company paid quarterly dividends of $16.2 million during the third quarter of 2023 and announced a quarterly cash dividend of $0.65 per share payable on December 7, 2023 [184]. Market Conditions and Risks - The company faced challenges in the macro environment, including supply chain disruptions and varying regional dynamics, with a modest impact from the ongoing war in Ukraine [125]. - There have been no material changes in the Company's exposure to market risk during the nine months ended September 30, 2023 [195]. Tax and Accounting - The effective tax rate for the first nine months of 2023 was 19.7%, higher than the 17.6% effective tax rate for the same period in 2022, primarily due to a one-time deduction in 2022 [142]. - There were no significant changes in the application of critical accounting policies during the nine months ended September 30, 2023 [194]. - The Company's financial statements are prepared in accordance with U.S. GAAP, using estimates and judgments based on historical experience and current trends [193]. Cash Position and Share Repurchase - Cash and cash equivalents were $560.1 million as of September 30, 2023, a decrease of $2.5 million compared to December 31, 2022 [169]. - The Company announced a new three-year share repurchase program to buy back up to $300 million of its common stock from May 1, 2021, to April 30, 2024 [190]. - As of September 30, 2023, the Company had no off-balance sheet arrangements and was not liable for any third-party indebtedness [191]. - As of September 30, 2023, the effective interest rate on outstanding borrowings was 6.67% [174].

SUPPLEMENTAL FINANCIAL INFORMATION Non-GAAP EPS reconciliation 19 (In millions of USD except per share amounts - unaudited) Expertise Applied | Answers Delivered Consolidated Net Leverage Ratio (as defined in the Credit Agreement) * 4.3 66.1 0.8 8.5 Expective Applied | Accessers Delivered (In millions of USD except per share amounts - unaudited) Littelfuse, Inc. © 2023 22 (b) reflected in cost of sales. (In millions of USD except per share amounts - unaudited) (a) reflected in selling, general and administr ...

Table of Contents United States Securities and Exchange Commission Washington, D.C. 20549 FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 (Mark one) for the fiscal year ended December 31, 2022 Or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from to Commission file number 0-20388 LITTELFUSE, INC. (Exact name of registrant as specified in its charter) Delaware 36-3795742 (State or other jur ...

Littelfuse, Inc. (NASDAQ:LFUS) Q4 2022 Earnings Conference Call February 2, 2023 10:00 AM ET Company Participants Trisha Tuntland - Head of IR David Heinzmann - President and CEO Meenal Sethna - EVP and CFO Conference Call Participants Matthew Sheerin - Stifel Luke Junk - Baird Joshua Buchalter - Cowen David Kelley - Jefferies David Williams - Benchmark David Silver - CL King Operator Good day, everyone, and welcome to the Littelfuse Fourth Quarter 2022 Earnings Conference Call. Today's call is being record ...