NYSE$VPG

Vishay Precision Group Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Reported solid growth driven by diversified markets and precision measurement solutions.

Vishay Precision Group reported a solid third quarter with revenue growth of 9.9% year-over-year and a book-to-bill ratio of 1.08, indicating continued demand. The company achieved an adjusted diluted net earnings per share of $0.69 and an adjusted EBITDA margin of 17.9%.

  • Revenues increased 9.9% from a year ago to $90.1 million.
  • Diluted net earnings per share reached $0.74, compared to $0.39 a year ago.
  • The book-to-bill ratio was 1.08, reflecting strong order intake.
  • Adjusted EBITDA was $16.1 million, with an adjusted EBITDA margin of 17.9%.

Headline financials

Total Revenue

$90.1M

Previous: $82M+9.9%
EPS (adj)

$0.69

Previous: $0.52+32.7%
Gross Profit Margin

41.4%

Previous: 38.8%+6.7%
Operating Margin

13.2%

Previous: 8.9%+48.3%
Book-to-Bill Ratio

1.08

Previous: 1.21-10.7%
Capital Expenditures

-$13.2M

Previous: -$9.37M-40.9%
Free Cash Flow

-$3.08M

Previous: -$3.99M+22.8%
Net Income

$10.1M

Previous: $5.38M+88.1%
Operating Income

$11.9M

Previous: $7.27M+63.6%
Gross Profit

$37.3M

Previous: $31.8M+17.2%
Cash & Equivalents

$79.9M

Previous: $75.5M+5.8%
Total Assets

$454M

Previous: $450M+0.9%
Stock-Based Comp

$559K

Previous: $386K+44.8%

Revenue & EPS history

Vishay Precision · Revenue · Quarterly

$90.1M

Q3 2022+9.9%vs Q3 2021
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Forward guidance

The company expects net revenues to be in the range of $88 million to $98 million for the fourth fiscal quarter of 2022, at constant third fiscal quarter 2022 foreign currency exchange rates.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2022

Historical avgQ3 2022

-0.2%

Avg return

Earnings day

+2.7%

Avg return

5 days after

+4.4%

Avg return

30 days after

45%

29 / 64 earnings

Positive

+18.7%

Q4 2017

Best reaction

-17.6%

Q2 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+8.0%+47.6%+115.1%
Q4 2025-13.4%-17.5%-23.5%
Q3 2025-6.4%-13.3%-1.8%
Q1 2025-1.1%-1.7%+9.6%
Q4 2024-4.2%+4.2%-6.6%
Q3 2024-1.6%-4.5%-1.1%
Q2 2024-14.2%-14.2%-18.2%
Q1 2024-9.0%-7.2%-4.0%
Q4 2023+11.7%+9.0%+5.1%
Q3 2023-9.7%-11.8%-3.2%
Q2 2023-4.9%-2.4%-7.1%
Q1 2023-13.1%-14.0%-3.8%
Q4 2022-7.0%-2.7%-5.6%
Q3 2022+6.9%+17.6%+22.8%
Q2 2022+12.9%+14.8%+10.3%
Q1 2022-4.7%+0.4%-3.1%
Q4 2021+4.9%+2.2%+4.0%
Q3 2021-0.8%+1.5%-9.3%
Q2 2021+5.5%+4.5%-0.6%
Q1 2021+0.4%+5.0%+8.0%
Q4 2020-6.1%-5.3%-8.9%
Q3 2020+12.0%+8.3%+18.7%
Q2 2020+2.8%+4.1%-3.2%
Q1 2020+0.0%+2.8%+13.7%
Q4 2019-7.2%-10.3%-46.3%
Q3 2019+4.4%+0.3%-2.0%
Q2 2019-17.6%-18.2%-15.4%
Q1 2019+2.9%+5.8%-3.3%
Q4 2018+1.9%+3.1%+0.1%
Q3 2018+6.9%+3.4%-10.1%
Q2 2018+4.7%+6.8%+2.3%
Q1 2018+16.6%+23.9%+37.1%
Q4 2017+18.7%+26.8%+26.8%
Q3 2017+2.4%+7.5%+20.3%
Q2 2017+7.5%+11.1%+30.7%
Q1 2017+1.1%+1.4%+1.1%
Q4 2016-3.8%-4.1%-7.4%
Q3 2016+10.2%+21.0%+20.7%
Q2 2016-12.9%-2.0%+9.1%
Q1 2016+0.2%
Q4 2015+1.1%
Q3 2015+5.6%
Q2 2015+7.4%
Q1 2015-7.0%
Q4 2014-5.4%
Q3 2014+3.6%
Q2 2014+13.0%
Q1 2014-1.2%
Q4 2013+10.7%
Q3 2013-4.7%
Q2 2013-6.9%
Q1 2013-0.6%
Q1 2011-0.3%
Q4 2011-0.3%
Q4 2009-0.3%
Q4 2012-0.4%
Q3 2012-7.7%
Q2 2012-1.7%
Q1 2012+1.2%
Q3 2011-4.8%
Q3 2010-4.8%
Q2 2010-4.7%
Q4 2010-4.7%
Q2 2011-4.7%

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