Vishay Precision Group reported Q2 adjusted EPS of 17 cents, down from 31 cents last year. Revenue was $75.2M, compared to $77.36M last year. CEO Ziv Shoshani attributed the results to a moderately improved business climate, with sales growing 4.8% sequentially and total orders increasing 7.5% sequentially. The company completed the sale of a building, generating $10.8M in net proceeds that were used to pay down the outstanding bank revolver balance, expected to save approximately $700K in annual interest expense.
Title: Vishay Precision Group Reports Mixed Q2 2025 Financial Results
Vishay Precision Group, Inc. (NYSE: VPG) recently announced its financial results for the second quarter of fiscal 2025, revealing a mixed performance with revenue declines and improved order growth. The company reported net revenues of $75.2 million, a 2.8% decrease compared to the same period last year. Despite this, the company saw sequential improvements in sales and orders, with a 4.8% increase in sales and a 7.5% increase in total orders [1].
The company's gross profit margin decreased to 40.7%, down from 41.9% in the previous year, while the operating margin fell to 3.6% from 7.6%. Diluted earnings per share (EPS) were $0.02, down from $0.34 a year prior [1]. CEO Ziv Shoshani attributed the results to a moderately improved business climate, with sequential growth in sales and orders.
The Weighing Solutions segment saw revenue growth, increasing by 7.2% compared to the previous year. In contrast, the Sensors and Measurement Systems segments faced declines [1]. The company also completed the sale of a building for $10.8 million, using the proceeds to pay down debt and reduce annual interest expenses by approximately $700,000 [1].
Looking ahead, Vishay Precision Group anticipates third-quarter revenues between $73 million and $81 million, influenced by current market conditions and backlog [1]. The company is implementing cost reduction strategies to improve operational efficiency and profitability.
References:
[1] https://www.quiverquant.com/news/Vishay+Precision+Group%2C+Inc.+Reports+Q2+2025+Financial+Results+with+Revenue+Decrease+and+Positive+Sequential+Trends
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