Vishay Precision's Q1 2025: Navigating Contradictions in Sensor Market Recovery and Product Development

Sensor market recovery and order growth, inventory trends and demand recovery, new product development and revenue opportunities are the key contradictions discussed in Vishay Precision's latest 2025Q1 earnings call.



Revenue and Order Trends:
- Vishay Precision Group, Inc. reported revenue of $71.7 million for Q1 2025, down slightly from the previous quarter, with a book-to-bill ratio of 1.04.
- The decline was largely due to approximately $2 million in delayed shipments of KELK products, while consolidated orders grew 2.7% sequentially.

Sensors Segment Growth:
- The Sensors segment revenue rose 5.1% sequentially, driven by higher sales of strain gages and precision resistors.
- This growth was primarily due to increased demand in test and measurement applications, particularly from semiconductor equipment manufacturers.

Measurement Systems Segment Challenges:
- The Measurement Systems segment revenue decreased 13.8% sequentially to $18.2 million, impacted by a $2 million delay in KELK product shipments and weaker global steel market trends.

Tariff and Cost Management:
- Vishay is positioned to navigate changing tariffs with anticipated minor impacts on input costs based on its supply chains.
- The company aims to achieve $5 million in annual operational cost reductions by year-end, primarily through material cost reductions and process improvements.