Quarterly ResultMay 12, 2026, 06:17 AM
VPG Q1 Revenue Up 17.6% to $84.4M; Bookings Hit Near-Record $102.1M
AI Summary
Vishay Precision Group, Inc. reported a strong start to fiscal 2026, with first-quarter net revenues increasing 17.6% year-over-year to $84.4 million. The company achieved near-record bookings of $102.1 million, up 25.5% sequentially, driven by robust demand across its Sensors segment. Diluted net loss per share improved to $(0.02), while adjusted diluted net earnings per share remained at $0.07. The company provided a positive outlook, forecasting Q2 2026 net revenues between $85 million and $90 million.
Key Highlights
- Net revenues increased 17.6% year-over-year to $84.4 million.
- Bookings surged 25.5% sequentially to $102.1 million, the third-highest quarterly level in VPG's history.
- Consolidated book-to-bill ratio was 1.21, with all three segments reporting ratios well above 1.0.
- Diluted net loss per share improved to $(0.02) from $(0.07) in the prior year quarter.
- Adjusted diluted net earnings per share remained flat at $0.07.
- Sensors segment revenue grew 23.1% year-over-year to $33.3 million, with bookings up 29.0% sequentially.
- Vishay Precision Group expects Q2 2026 net revenues to be in the range of $85 million to $90 million.