Vishay Precision Group(US:VPG)2022-11-13 01:56Financial Performance - Net revenues for Q3 2022 were $90.1 million, a 9.9% increase year-over-year and a 1.6% increase sequentially[10] - Adjusted net earnings per diluted share grew 32.7% year-over-year to $0.69[14] - Adjusted EBITDA was $16.1 million, representing 17.9% of revenue[15] - Gross margin was 41.4%[11] - The company repurchased $1.1 million of stock in Q3[6] Segment Highlights - Sensors segment revenues increased 23.3% year-over-year to $37.9 million[22, 27] - Weighing Solutions segment revenues grew 2.4% year-over-year to $31.4 million[30, 31] - Measurement Systems segment revenues increased 1% year-over-year to $20.8 million[35, 40] Orders and Backlog - Book-to-bill ratio was 1.08x, reflecting orders of $96.9 million[16, 18] - The company has a strong backlog of $171.7 million[17, 18]