Vishay Intertechnology Q2 Revenue Outlook $730M - $770M Vs. $759.58M
Portfolio Pulse from Benzinga Newsdesk
Vishay Intertechnology projects Q2 2024 revenue to be between $730M and $770M, including contributions from Newport. The expected gross profit margin is 21.7% +/- 50 basis points, with Newport's inclusion negatively impacting by about 160 basis points.
May 08, 2024 | 11:19 am
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Vishay Intertechnology expects Q2 2024 revenue of $730M-$770M, with Newport's inclusion. Gross profit margin is anticipated at 21.7%, affected by Newport by -160 basis points.
The revenue outlook for Vishay Intertechnology, including the full quarter contribution from Newport, suggests a stable financial performance. However, the negative impact on gross profit margin from Newport's inclusion indicates potential cost integration challenges. This mixed outlook leads to a neutral score, with high relevance due to direct financial impact, substantial importance as it affects investor perception of future profitability, and high confidence based on the detailed financial projections provided.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100