NYSE$VSH
Vishay Intertechnology Inc · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Vishay's Q1 2022 performance was marked by revenues at the high end of guidance, strong contribution margins, and solid free cash generation, despite facing increased transportation costs and general inflation.
Vishay Intertechnology reported revenues of $853.8 million for Q1 2022, with net earnings attributable to Vishay stockholders at $103.6 million, or $0.71 per diluted share. The company's gross margin was 30.3%, and the operating margin was 17.1%.
- Revenues reached $854 million.
- Gross margin was 30.3%.
- Operating margin was 17.1%.
- EPS was $0.71.
Headline financials
Revenue & EPS history
Vishay · Revenue · Quarterly
$854M
Forward guidance
For Q2 2022, Vishay anticipates revenues between $830 to $870 million and a gross margin of 28.1% plus or minus 50 basis points, considering COVID-19 production challenges in Shanghai and assuming consistent exchange rates.
Tailwinds
- Q2 2022 revenue is guided in the range of $830 to $870 million.
- Gross margin for Q2 2022 is expected to be 28.1% plus/minus 50 basis points.
- Guidance assumes the same exchange rates versus the dollar as in the first quarter.
- Company anticipates to continue to reach historical contribution margin levels.
- Solid generation of free cash despite higher capital expenditures.
Headwinds
- Production challenges related to COVID lock-downs in Shanghai in April.
- Ongoing increases in transportation costs.
- Increases in metal prices.
- Higher general inflation.
- Supply chain remains lean.
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 Q1 2022
-0.2%
Avg return
Earnings day
+0.4%
Avg return
5 days after
+3.1%
Avg return
30 days after
47%
32 / 68 earnings
Positive
+15.3%
Q1 2023
Best reaction
-13.7%
Q1 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +4.6% | +9.8% | +76.0% | |
| Q4 2025 | +5.0% | -6.1% | -19.5% | |
| Q3 2025 | -4.9% | -8.8% | -5.6% | |
| Q1 2025 | -9.8% | +9.7% | +12.8% | |
| Q4 2024 | +9.9% | +1.7% | +6.9% | |
| Q3 2024 | +5.0% | +1.9% | +6.7% | |
| Q2 2024 | -6.1% | -8.6% | -14.0% | |
| Q1 2024 | +0.3% | -1.1% | -1.5% | |
| Q4 2023 | +1.3% | +4.4% | +7.6% | |
| Q3 2023 | -7.2% | -6.8% | +0.7% | |
| Q2 2023 | -1.1% | +0.2% | -8.2% | |
| Q1 2023 | +15.3% | +14.9% | +29.1% | |
| Q4 2022 | -13.2% | -12.7% | -10.9% | |
| Q3 2022 | -6.2% | +0.1% | +7.6% | |
| Q2 2022 | +1.6% | +0.6% | -5.9% | |
| Q1 2022 | +5.1% | +0.3% | +9.3% | |
| Q4 2021 | -1.2% | -3.8% | -9.8% | |
| Q3 2021 | -2.3% | +0.0% | +0.3% | |
| Q2 2021 | +2.4% | +1.3% | -6.7% | |
| Q1 2021 | -0.7% | +2.1% | -2.0% | |
| Q4 2020 | -6.1% | -2.8% | +1.7% | |
| Q3 2020 | +0.4% | +6.7% | +18.7% | |
| Q2 2020 | +6.0% | +4.2% | +0.6% | |
| Q1 2020 | -13.7% | -13.4% | -8.4% | |
| Q4 2019 | +3.9% | +1.5% | -9.5% | |
| Q3 2019 | +7.7% | +6.8% | +6.9% | |
| Q2 2019 | -3.0% | -5.2% | -9.8% | |
| Q1 2019 | -8.3% | -9.1% | -15.8% | |
| Q4 2018 | +11.0% | +10.7% | +2.3% | |
| Q3 2018 | +6.8% | +13.1% | +19.3% | |
| Q2 2018 | -2.4% | -6.5% | -11.3% | |
| Q1 2018 | +14.0% | +13.4% | +32.8% | |
| Q4 2017 | -10.0% | -16.4% | -8.1% | |
| Q3 2017 | +0.9% | +3.0% | +6.7% | |
| Q2 2017 | +0.0% | +0.3% | +0.6% | |
| Q1 2017 | +1.5% | +3.1% | +2.8% | |
| Q4 2016 | -6.3% | -2.7% | -3.6% | |
| Q3 2016 | +3.2% | +6.5% | +12.3% | |
| Q2 2016 | -0.2% | +3.1% | +8.4% | |
| Q1 2016 | +2.5% | — | — | |
| Q4 2015 | +5.7% | — | — | |
| Q3 2015 | +6.8% | — | — | |
| Q2 2015 | -3.9% | — | — | |
| Q1 2015 | -3.3% | — | — | |
| Q4 2014 | -0.1% | — | — | |
| Q3 2014 | -3.6% | — | — | |
| Q2 2014 | +0.3% | — | — | |
| Q1 2014 | -0.1% | — | — | |
| Q4 2013 | -0.4% | — | — | |
| Q3 2013 | -6.9% | — | — | |
| Q2 2013 | -4.0% | — | — | |
| Q1 2013 | +5.4% | — | — | |
| Q4 2012 | +9.9% | — | — | |
| Q3 2012 | -5.9% | — | — | |
| Q2 2012 | +12.3% | — | — | |
| Q1 2012 | +5.2% | — | — | |
| Q4 2008 | +0.2% | — | — | |
| Q4 2011 | +0.2% | — | — | |
| Q4 2010 | +0.2% | — | — | |
| Q3 2011 | -1.1% | — | — | |
| Q2 2011 | -4.6% | — | — | |
| Q1 2010 | -11.1% | — | — | |
| Q1 2011 | -2.3% | — | — | |
| Q2 2010 | +0.8% | — | — | |
| Q3 2010 | +0.0% | — | — | |
| Q3 2009 | +0.0% | — | — | |
| Q4 2009 | -9.3% | — | — | |
| Q2 2009 | -9.3% | — | — |
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