Littelfuse Q4 Earnings Call Highlights

Khandelwal also discussed a non-cash goodwill impairment charge of $301 million recorded in the fourth quarter related to the IXYS and Dortmund acquisitions . He said the impairment resulted from the company’s annual impairment testing and “reflects weaker sales and profitability than original expectations amid persistent soft market conditions.”Profitability improved as adjusted EBITDA margin was 20.5% , up 480 basis points . Adjusted diluted earnings per share were $2.69 . Khandelwal said the margin perfo ...