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VPG to Present at Upcoming Investor Conferences on August 27, 2025, in Chicago, IL and September 3, 2025, in New York, NY
Globenewswire· 2025-08-12 12:00
Core Viewpoint - Vishay Precision Group, Inc. (VPG) is actively participating in investor conferences to showcase its leadership in precision measurement and sensing technologies [1][2]. Company Overview - VPG specializes in precision measurement and sensing technologies, providing sensors, weighing solutions, and measurement systems that enhance product performance across various markets [2]. Upcoming Events - VPG will present at the 16th Annual Midwest IDEAS Conference on August 27, 2025, at 4:30 p.m. ET, with a live and on-demand webcast available [3]. - The company will also participate in the Jefferies Industrials Conference on September 3, 2025, at 4:50 p.m. ET, with a similar webcast option [3].
VPG Reports Fiscal 2025 Second Quarter Results
Globenewswire· 2025-08-05 10:15
Core Insights - Vishay Precision Group, Inc. (VPG) reported a net earnings of $0.3 million or $0.02 per diluted share for the second fiscal quarter of 2025, a significant decrease from $4.6 million or $0.34 per diluted share in the same period last year [2][20] - The company experienced a 4.8% sequential growth in sales and a 7.5% increase in total orders, marking the third consecutive quarter of order growth [1][12] - Adjusted net earnings for the second fiscal quarter were $2.3 million or $0.17 per adjusted diluted share, down from $4.2 million or $0.31 per adjusted diluted share in the prior year [4][28] Financial Performance - Total net revenues for the second fiscal quarter of 2025 were $75.2 million, a decrease of 2.8% compared to $77.4 million in the same quarter of 2024 [6][19] - The company reported a gross profit margin of 40.7%, down from 41.9% year-over-year, while the adjusted gross profit margin was 41.0% [6][28] - Operating income for the second quarter was $2.7 million, compared to $5.9 million in the same quarter of the previous year, reflecting an operating margin of 3.6% [6][20] Segment Performance - The Sensors segment revenue decreased by 8.0% year-over-year to $26.6 million, primarily due to lower sales of strain gages in consumer applications [5][30] - The Weighing Solutions segment saw a revenue increase of 7.2% year-over-year to $29.4 million, driven by higher sales in the Transportation market [8][31] - The Measurement Systems segment revenue decreased by 8.9% year-over-year to $19.2 million, attributed to decreased revenue in the Steel market [10][31] Cost Management and Efficiency - The company completed the sale of a building for $10.8 million in net proceeds, which will be used to pay down bank debt, expected to save approximately $700 thousand in annual interest expense [1][12] - Adjusted EBITDA for the second fiscal quarter was $7.9 million, with an adjusted EBITDA margin of 10.5% [6][32] Outlook - VPG anticipates net revenues for the third fiscal quarter of 2025 to be in the range of $73 million to $81 million, based on current market conditions and backlog [12]
VPG to Present and Host 1x1 Investor Meetings at the 15th Annual East Coast IDEAS Conference on June 12, 2025 in New York, NY
Globenewswire· 2025-05-28 16:00
Core Insights - Vishay Precision Group, Inc. (VPG) will present at the East Coast IDEAS Investor Conference on June 12, 2025, at the Westin Times Square in New York, NY [1] - The presentation is scheduled to start at 1:20 p.m. ET, with a live and on-demand webcast available to the public [2] - IDEAS Investor Conferences aim to provide independent venues for quality companies to present their investment merits to investment professionals, distinguishing themselves from traditional bank-sponsored events [3] Company Overview - VPG is a leader in precision measurement and sensing technologies, offering sensors, weighing solutions, and measurement systems that enhance product performance across various markets [4] - The company's technologies contribute to making the world safer, smarter, and more productive [4]
Vishay Precision Group Announces Date for Its First Quarter Fiscal 2025 Earnings Conference Call
Globenewswire· 2025-04-10 20:05
Core Viewpoint - Vishay Precision Group, Inc. (VPG) will announce its financial results for the first quarter of fiscal 2025 on May 6, 2025, before market opening [1] Financial Results Announcement - The financial results will be released before the market opens on May 6, 2025 [1] - A conference call will be hosted by CEO Ziv Shoshani and CFO Bill Clancy at 9:00 a.m. U.S. eastern time on the same day [2] - Interested parties can access the conference call via a specific phone number or through a live webcast on the VPG investor relations website [2] Webcast Replay - A replay of the conference call will be available approximately one hour after its completion [3] - The replay can be accessed through a toll-free number or on the "Events" page of the VPG investor relations website for a limited time [3] Company Overview - Vishay Precision Group, Inc. is recognized as a leader in precision measurement and sensing technologies [4] - The company's products, including sensors and measurement systems, aim to enhance customer product performance across various markets [4]