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Vishay Intertechnology Inc. (VSH) revealed earnings for its second quarter that increased from last year.


RTTNews | Aug 10, 2021 07:15AM EDT

07:14 Tuesday, August 10, 2021 (RTTNews.com) - Vishay Intertechnology Inc. (VSH) revealed earnings for its second quarter that increased from last year.

The company's profit totaled $93.19 million, or $0.64 per share. This compares with $24.65 million, or $0.17 per share, in last year's second quarter.

Excluding items, Vishay Intertechnology Inc. reported adjusted earnings of $89.31 million or $0.61 per share for the period.

Analysts had expected the company to earn $0.58 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 40.8% to $819.12 million from $581.72 million last year.

Vishay Intertechnology Inc. earnings at a glance:

-Earnings (Q2): $89.31 Mln. vs. $25.94 Mln. last year.-EPS (Q2): $0.61 vs. $0.18 last year.-Analysts Estimate: $0.58-Revenue (Q2): $819.12 Mln vs. $581.72 Mln last year.

-Guidance:Next quarter revenue guidance: $810 to $850 Mln

Read the original article on RTTNews ( https://www.rttnews.com/3217634/vishay-intertechnology-inc-q2-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

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