Vishay Precision Group Beats On Q1 Earnings, Issues Robust Q2 Guidance
Portfolio Pulse from Anusuya Lahiri
Vishay Precision Group (VPG) reported strong Q1 FY21 results, surpassing revenue and EPS expectations. The company provided robust Q2 guidance, indicating continued growth momentum.
May 11, 2021 | 2:34 pm
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Vishay Precision Group reported Q1 FY21 revenue of $70.6M, beating expectations. The company also provided strong Q2 guidance, suggesting continued growth.
VPG's Q1 results exceeded both company guidance and analyst expectations, with significant growth in key segments. The strong book-to-bill ratio and positive Q2 guidance suggest continued demand and growth, likely boosting investor confidence and stock price.
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