Vishay Intertechnology(US:VSH) Globenewswire·2025-11-05 12:15Core Insights - Vishay Intertechnology, Inc. reported third quarter revenues of $790.6 million, reflecting growth in high-demand markets such as smart grid infrastructure, AI, automotive, and aerospace/defense [3][9] - The company anticipates fourth quarter revenues to be in the range of $790 million +/- $20 million, with a gross profit margin of approximately 19.5% [4][9] Financial Performance - For the third quarter of 2025, Vishay's gross margin was 19.5%, which included a negative impact of approximately 150 basis points related to Newport [9][14] - The company recorded a GAAP loss per share of $(0.06) and an adjusted EPS of $0.04 for the third quarter [9][21] - The book-to-bill ratio was 0.97, with semiconductors at 0.96 and passive components at 0.98, indicating a slight decline in order intake relative to shipments [9][21] Operational Highlights - The backlog at the end of the quarter was equivalent to 4.4 months of sales, suggesting a stable demand outlook [9] - Heavy investments in capacity expansion over the past three years are enabling Vishay to meet quick delivery requirements and maintain competitive lead times [3][9] Market Outlook - The company is well-positioned to capitalize on market upcycles in high-growth sectors, as indicated by its revenue growth and strategic investments [3][4] - Management's outlook for the fourth quarter reflects confidence in continued revenue stability despite market fluctuations [4][9]