System of measurement

VPG Reports Fiscal 2023 Fourth Quarter and Twelve Month Results

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Wednesday, February 14, 2024
Acquisition, VPG, OEM, Annual report, KELK, AMS, Sale, DSI, Sensor, GAAP, COVID-19, Depreciation, System of measurement, Tax, Public expenditure, DTS, Transport, Diversified Technical Systems, Test, Security (finance)

MALVERN, Pa., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Vishay Precision Group, Inc. (NYSE: VPG), a leader in precision measurement technologies, today announced its results for its fiscal 2023 fourth quarter and twelve fiscal months ended December 31, 2023.

Key Points: 
  • MALVERN, Pa., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Vishay Precision Group, Inc. (NYSE: VPG), a leader in precision measurement technologies, today announced its results for its fiscal 2023 fourth quarter and twelve fiscal months ended December 31, 2023.
  • The Company's fourth fiscal quarter 2023 net earnings attributable to VPG stockholders were $4.2 million, or $0.31 per diluted share, compared to $8.8 million, or $0.65 per diluted share, in the fourth fiscal quarter of 2022.
  • Gross profit margin for the Sensors segment of 40.2% for the fourth fiscal quarter of 2023 was higher compared to 37.6% in the fourth fiscal quarter of 2022, and higher compared to 35.9% in the third fiscal quarter of 2023.
  • Gross profit margin for the Weighing Solutions segment was 35.6% for the fourth fiscal quarter of 2023, an increase compared to 33.4% in the fourth fiscal quarter of 2022, and a decrease compared to 38.7% in the third fiscal quarter of 2023.

VPG Reports Fiscal 2023 Third Quarter Results

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Tuesday, November 7, 2023
Sale, System of measurement, Avionics, Sensor, NYSE, Tax, Public expenditure, EBITDA, Transport, GAAP, General Industrial Union of Furniture Makers and Woodworkers, DTS, COVID-19, VPG, Depreciation, AMS, Test, Annual report, DSI, Manufacturing, Textile, Bank, Security (finance), Video game, Cryptocurrency, Steel

Third Fiscal Quarter and Nine Fiscal Month Financial Trends:

Key Points: 
  • Third Fiscal Quarter and Nine Fiscal Month Financial Trends:
    The Company's third fiscal quarter ended September 30, 2023 net earnings attributable to VPG stockholders were $6.3 million, or $0.46 per diluted share, compared to $10.1 million, or $0.74 per diluted share, in the third fiscal quarter ended October 1, 2022.
  • The Sensors segment revenue of $32.5 million in the third fiscal quarter of 2023 decreased 14.1% from $37.9 million in the third fiscal quarter of 2022; sequentially, revenue decreased 10.3% compared to $36.3 million in the second fiscal quarter of 2023.
  • The Weighing Solutions segment revenue of $29.0 million in the third fiscal quarter of 2023 decreased 7.7% compared to $31.4 million in the third fiscal quarter of 2022 and was 7.3% lower than $31.3 million in the second fiscal quarter of 2023.
  • The Measurement Systems segment revenue of $24.4 million in the third fiscal quarter of 2023 increased 17.2% year-over-year from $20.8 million in the third fiscal quarter of 2022 and was 4.6% higher than $23.3 million in the second fiscal quarter of 2023.

VPG Reports Fiscal 2023 Second Quarter Results

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Tuesday, August 8, 2023
AMS, COVID-19, Tax, System of measurement, DSI, GAAP, Sensor, Sale, Public expenditure, VPG, EBITDA, Avionics, Test, Annual report, DTS, Depreciation, Industrial, NYSE, Manufacturing, Textile, Bookkeeping, Bank, Car rental, Security (finance), Video game, Cryptocurrency, Steel

Second Fiscal Quarter and Six Month Financial Trends:

Key Points: 
  • Second Fiscal Quarter and Six Month Financial Trends:
    The Company's second fiscal quarter 2023 net earnings attributable to VPG stockholders were $8.2 million, or $0.60 per diluted share, compared to $10.8 million, or $0.79 per diluted share, in the second fiscal quarter of 2022.
  • The Sensors segment revenue of $36.3 million in the second fiscal quarter of 2023 decreased 10.0% from $40.3 million in the second fiscal quarter of 2022; sequentially, revenue decreased 1.3% compared to $36.7 million in the first fiscal quarter of 2023.
  • Gross profit margin for the Weighing Solutions segment was 38.7% for the second fiscal quarter of 2023, which increased compared to 33.7% in the second fiscal quarter of 2022, and increased compared to 34.9% in the first fiscal quarter of 2023.
  • The Measurement Systems segment revenue of $23.3 million in the second fiscal quarter of 2023 increased 17.1% year-over-year from $19.9 million in the second fiscal quarter of 2022 and was 14.8% higher than $20.3 million in the first fiscal quarter of 2023.

VPG Reports Fiscal 2023 First Quarter Results

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Tuesday, May 9, 2023
AMS, COVID-19, Tax, System of measurement, DSI, GAAP, Sensor, Transport, Sale, Public expenditure, VPG, EBITDA, Acquisition, Test, Annual report, DTS, Depreciation, Industrial, NYSE, Manufacturing, Textile, Video game, Security (finance), Cryptocurrency, Steel

MALVERN, Pa., May 09, 2023 (GLOBE NEWSWIRE) -- Vishay Precision Group, Inc. (NYSE: VPG), a leader in precision measurement sensing technologies, today announced its results for its fiscal 2023 first quarter ended April 1, 2023.

Key Points: 
  • MALVERN, Pa., May 09, 2023 (GLOBE NEWSWIRE) -- Vishay Precision Group, Inc. (NYSE: VPG), a leader in precision measurement sensing technologies, today announced its results for its fiscal 2023 first quarter ended April 1, 2023.
  • First Fiscal Quarter Financial Trends:
    The Company's first fiscal quarter 2023 net earnings attributable to VPG stockholders were $7.0 million, or $0.51 per diluted share, compared to $6.4 million, or $0.46 per diluted share, in the first fiscal quarter of 2022.
  • Gross profit margin for the Weighing Solutions segment was 34.9% for the first fiscal quarter of 2023, which decreased compared to 36.9% in the first fiscal quarter of 2022, and increased compared to 33.4% in the fourth fiscal quarter of 2022.
  • The Measurement Systems segment revenue of $20.3 million in the first fiscal quarter of 2023 increased 18.3% year-over-year from $17.1 million in the first fiscal quarter of 2022 and was 24.4% lower than $26.8 million in the fourth fiscal quarter of 2022.

VPG Reports Fiscal 2022 Fourth Quarter and Twelve Month Results

Retrieved on: 
Tuesday, February 14, 2023
Public expenditure, DTS, VPG, General Industrial Union of Furniture Makers and Woodworkers, DSI, NYSE, Electronics, Acquisition, EBITDA, OEM, GAAP, AMS, Sale, Test, Sensor, Annual report, KELK, Transport, System of measurement, COVID-19, Depreciation, Diversified Technical Systems, Tax, Aquaculture, Textile, Pharmaceutical industry, Video game, Cryptocurrency, Security (finance)

MALVERN, Pa., Feb. 14, 2023 (GLOBE NEWSWIRE) -- Vishay Precision Group, Inc. (NYSE: VPG), a leader in precision measurement technologies, today announced its results for its fiscal 2022 fourth quarter and twelve fiscal months ended December 31, 2022.

Key Points: 
  • MALVERN, Pa., Feb. 14, 2023 (GLOBE NEWSWIRE) -- Vishay Precision Group, Inc. (NYSE: VPG), a leader in precision measurement technologies, today announced its results for its fiscal 2022 fourth quarter and twelve fiscal months ended December 31, 2022.
  • For the fourth quarter, we achieved record revenue which was 6.9% above both the fourth quarter of last year and the third quarter of 2022.
  • The Company's fourth fiscal quarter 2022 net earnings attributable to VPG stockholders were $8.8 million, or $0.65 per diluted share, compared to $6.0 million, or $0.44 per diluted share, in the fourth fiscal quarter of 2021.
  • Gross profit margin for the Weighing Solutions segment was 33.4% for the fourth fiscal quarter of 2022, a decrease compared to 34.0% in the fourth fiscal quarter of 2021, and flat compared to 33.3% in the third fiscal quarter of 2022.

Outlook on the RF Tunable Filter Global Market to 2027 - Huge Demand from Infotainment and Telematics Equipment from Automotive Sector Presents Opportunities - ResearchAndMarkets.com

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Monday, September 5, 2022
Technology, Hardware, DTC, Market development, Energy, SAW, Observation, Test, Radar, Porter's five forces analysis, Impact, Digital, SMD, TV White Space Database, Aerospace, USD, Global, Smart city, Surface acoustic wave, Others, Ansoff Matrix, Band-pass filter, Investment, Software-defined radio, Emotion, Geography, Component, SWOT, CAGR, Competitive analysis, Defense, Risk, COVID-19, System of measurement, Growth, Industry, Valve RF amplifier, Marketing, Retail, Risk management, Electronic component, Mobile phone, Health care, Mining, Application

The Global RF Tunable Filter Market is estimated to be USD 127 Mn in 2022 and is projected to reach USD 199.56 Mn by 2027, growing at a CAGR of 9.46%.

Key Points: 
  • The Global RF Tunable Filter Market is estimated to be USD 127 Mn in 2022 and is projected to reach USD 199.56 Mn by 2027, growing at a CAGR of 9.46%.
  • Market dynamics are forces that impact the prices and behaviors of the Global RF Tunable Filter Market stakeholders.
  • The report presents a detailed Ansoff matrix analysis for the Global RF Tunable Filter Market.
  • The Global RF Tunable Filter Market is segmented based on Type, Mechanism, Component, System, Application, and Geography.

VPG Announces Change in Corporate Strategy and Reporting Segments

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Tuesday, February 15, 2022
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MALVERN, Pa., Feb. 15, 2022 (GLOBE NEWSWIRE) -- Vishay Precision Group, Inc. (NYSE: VPG), a leader in precision measurement sensing technologies, today announced a new corporate strategy resulting in a realignment of its reporting business segments.

Key Points: 
  • MALVERN, Pa., Feb. 15, 2022 (GLOBE NEWSWIRE) -- Vishay Precision Group, Inc. (NYSE: VPG), a leader in precision measurement sensing technologies, today announced a new corporate strategy resulting in a realignment of its reporting business segments.
  • The new corporate strategy and reporting structure builds on the Companys strengths and investments.
  • For the fourth quarter and fiscal year 2021, and on a go-forward basis, the Company is reporting its results in three new reporting segments: Sensors, Weighing Solutions, and Measurement Systems.
  • Management will discuss the change in strategy and reporting segments in conjunction with its fourth quarter earnings conference call scheduled for tomorrow (Wednesday, February 16, 2022) at 9:00 a.m.