Financial Performance - VPG's 2Q25 revenue reached $75.2 million, a 4.8% sequential increase[7, 10] - Orders grew to $79.9 million, up 7.5% from 1Q25, marking the third consecutive quarter of growth[8, 10] - The book-to-bill ratio improved to 1.06, with Measurement Systems and Sensors segments achieving ratios of 1.20 and 1.12, respectively[9, 10] - Adjusted gross margin improved to 41.0% from 1Q25, with Weighing Solutions achieving a quarterly record[10, 30] - Adjusted net earnings per diluted share increased from $0.04 in 1Q25 to $0.17 in 2Q25[10] - Cash from operations was $6.0 million, and adjusted free cash flow was $4.7 million[10] Segment Performance - Sensors segment revenue declined 1.8% sequentially to $26.6 million, but bookings grew 3.7% to $29.8 million[11, 12, 13, 15] - Weighing Solutions segment revenue grew 11.3% sequentially to $29.4 million, with bookings at $27.2 million[17, 18, 19, 21] - Measurement Systems segment revenue grew 5.1% sequentially to $19.2 million, with bookings up 18.1% to $23.0 million[23, 24, 25, 26] Strategic Initiatives - Orders for business development initiatives year-to-date were approximately $17 million, on track to reach the 2025 goal of $30 million[29] - The company completed the sale of a building for $10.8 million as part of manufacturing consolidations[29] - Targeted annual fixed cost reductions of $5 million are on track[29]