Vishay Intertechnology, Inc VSH stock gained after analyst Ming-Chi Kuo commented on the stock on social media.While the tech industry focuses on NVIDIA Corp’s NVDA AI server and RTX 50 series supply chain, Kuo’s research reveals Vishay as the hidden key winner.  According to the analyst, Vishay has secured better-than-expected orders for Nvidia’s Blackwell AI servers (GB200 series and DGX/HGX B200) and RTX 50 series graphics cards.Also Read: Meta, OpenAI, Orange Join Forces To Build AI Models For African L ...

MALVERN, Pa., Nov. 20, 2024 (GLOBE NEWSWIRE) -- To provide higher efficiency and power density for telecom, industrial, and computing applications, Vishay Intertechnology, Inc. (NYSE: VSH) today introduced a new 150 V TrenchFET® Gen V n-channel power MOSFET in the PowerPAK® SO-8S (QFN 6x5) package. Compared to previous-generation devices in the PowerPAK SO-8, the Vishay Siliconix SiRS5700DP slashes overall on-resistance by 68.3% and on-resistance times gate charge — a key figure of merit (FOM) for MOSFETs u ...

MALVERN, Pa., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) today announced the release of its new TS7 series of single-turn, surface-mount cermet trimmers. The TS7 trimmers feature a compact 6.7 mm x 7 mm footprint with a height of 5 mm, making them ideal for applications requiring optimized board space in harsh environments. The TS7 series is designed to support automated assembly and setting processes, enhancing production efficiency while reducing both time and costs. Fully ...

Vishay Intertechnology (VSH) reported third-quarter 2024 adjusted earnings of 8 cents per share, missing the Zacks Consensus Estimate by 46.7%. The figure declined 86.7% year over year.Excepting the latest miss, VSH’s earnings beat the Zacks Consensus Estimate in the remaining three of the trailing four quarters, with an average negative surprise being 3.12%.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.VSH’s third-quarter revenues of $735.4 million missed the consensus mark by 1.49 ...

MALVERN, Pa., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) today announced that at electronica 2024, the company will be exhibiting its broad portfolio of passive and semiconductor solutions, and discussing their pivotal role in shaping a sustainable future through the all-electric society. Vishay experts will be on hand to dive into cutting-edge developments in automation, AI, e-mobility, and smart and alternative energy technologies. In hall C4, booth 478, Vishay will be show ...

Vishay Intertechnology, Inc. (NYSE:VSH) Q3 2024 Earnings Conference Call November 6, 2024 9:00 AM ET Company Participants Peter Henrici - EVP, Corporate Development & Corporate Secretary Joel Smejkal - President, CEO & Director David McConnell - EVP & CFO Conference Call Participants Ruplu Bhattacharya - Bank of America Merrill Lynch Operator Good day, and thank you for standing by. Welcome to the Vishay Intertechnology Q3 2024 Earnings Conference Call. At this time, all participants are in a listen-only mo ...

Lowering Switching Losses, Devices Combine Low Qrr Down to 105 nC With VF of 1.10 V While Reducing Parasitic Capacitance and Recovery Time MALVERN, Pa., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) today expanded its Gen 7 platform of 1200 V FRED Pt® Hyperfast rectifiers with four new Automotive Grade devices in the eSMP® series SMF (DO-219AB) package. Optimized for industrial and automotive applications, the 1 A and 2 A rectifiers not only offer the best trade-off between reve ...

Vishay Intertechnology (VSH) came out with quarterly earnings of $0.08 per share, missing the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.60 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -46.67%. A quarter ago, it was expected that this chipmaker would post earnings of $0.14 per share when it actually produced earnings of $0.17, delivering a surprise of 21.43%.Over the last four quarters, the ...

Revenue and Gross Margin - 3Q 2024 revenues of $735.4 million with a gross margin of 20.5%, negatively impacted by approximately 150 basis points due to the addition of Newport[2] - 4Q 2024 revenue guidance of $720 million +/- $20 million, with gross profit margin expected to be 20.0% +/- 50 basis points, including a negative impact of approximately 175 to 200 basis points from Newport[3] - Net revenues for 3Q 2024 were $735.4 million, compared to $741.2 million in 2Q 2024 and $853.7 million in 3Q 2023[9] - Gross profit for 3Q 2024 was $150.9 million, down from $162.9 million in 2Q 2024 and $237.6 million in 3Q 2023[9] - For the nine fiscal months ended September 28, 2024, net revenues were $2.22 billion, down from $2.62 billion in the same period of 2023[10] Earnings and Losses - GAAP loss per share of ($0.14) and adjusted EPS of $0.08 per share for 3Q 2024[2] - Operating loss for 3Q 2024 was ($18.3 million), compared to an operating income of $37.9 million in 2Q 2024 and $115.1 million in 3Q 2023[9] - Net loss attributable to Vishay stockholders for 3Q 2024 was ($19.3 million), compared to a net income of $23.5 million in 2Q 2024 and $65.5 million in 3Q 2023[9] - GAAP net earnings attributable to Vishay stockholders for the nine fiscal months ended September 28, 2024, were $35.2 million, compared to $272.3 million in the same period of 2023, a decline of 87.1%[14] - Adjusted net earnings for the nine fiscal months ended September 28, 2024, were $65.5 million, compared to $290.7 million in the same period of 2023, a decrease of 77.5%[14] - GAAP net earnings attributable to Vishay stockholders for Q3 2024 were $(19.3 million), compared to $23.5 million in Q2 2024 and $65.5 million in Q3 2023[16] Book-to-Bill Ratio and Backlog - 3Q 2024 book-to-bill ratio of 0.88, with 0.79 for semiconductors and 0.97 for passive components[2] - Backlog at the end of 3Q 2024 was 4.4 months[2] Cash Flow and Capital Expenditures - Cash and cash equivalents decreased from $972.7 million in December 2023 to $643.8 million in September 2024, a decline of 33.8%[11] - Net cash provided by operating activities for the nine fiscal months ended September 28, 2024, was $106.0 million, compared to $359.4 million in the same period of 2023, a decrease of 70.5%[13] - Capital expenditures for the nine fiscal months ended September 28, 2024, were $175.2 million, a slight decrease from $184.1 million in the same period of 2023[13] - Free cash for the nine fiscal months ended September 28, 2024, was -$67.7 million, compared to $176.4 million in the same period of 2023[15] Inventory and Assets - Total inventories increased from $647.5 million in December 2023 to $687.2 million in September 2024, a growth of 6.1%[11] - Total assets remained relatively stable, decreasing slightly from $4,239.9 million in December 2023 to $4,220.4 million in September 2024[11] Debt and Equity - Long-term debt less current portion increased marginally from $818.2 million in December 2023 to $820.8 million in September 2024[12] - Total Vishay stockholders' equity decreased from $2,196.1 million in December 2023 to $2,167.7 million in September 2024, a decline of 1.3%[12] Adjusted EBITDA and Margins - Adjusted EBITDA for Q3 2024 was $71.5 million, compared to $88.4 million in Q2 2024 and $159.6 million in Q3 2023[16] - Adjusted EBITDA margin for Q3 2024 was 9.7%, compared to 11.9% in Q2 2024 and 18.7% in Q3 2023[16] Restructuring and Other Costs - Restructuring and severance costs in Q3 2024 were $40.6 million, compared to $0 in Q2 2024 and Q3 2023[16] - Depreciation and amortization for Q3 2024 was $53.6 million, compared to $52.2 million in Q2 2024 and $46.2 million in Q3 2023[16] - Interest expense for Q3 2024 was $6.6 million, compared to $6.7 million in Q2 2024 and $7.2 million in Q3 2023[16] - Interest income for Q3 2024 was $(5.2 million), compared to $(6.7 million) in Q2 2024 and $(9.2 million) in Q3 2023[16] - Income taxes for Q3 2024 were $(5.1 million), compared to $12.4 million in Q2 2024 and $30.6 million in Q3 2023[16] - Net earnings attributable to noncontrolling interests for Q3 2024 were $0.3 million, compared to $0.3 million in Q2 2024 and $0.4 million in Q3 2023[16] - Loss on early extinguishment of debt in Q3 2023 was $18.9 million, compared to $0 in Q3 2024 and Q2 2024[16]

MALVERN, Pa., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc., (NYSE: VSH), one of the world's largest manufacturers of discrete semiconductors and passive electronic components, today announced results for the fiscal third quarter ended September 28, 2024. Highlights 3Q 2024 revenues of $735.4 millionGross margin was 20.5% and included the negative impact of approximately 150 basis points related to the addition of NewportGAAP loss per share of ($0.14); adjusted EPS of $0.08 per share3Q 2024 ...