NYSE$VSH

Vishay Intertechnology Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Vishay's Q3 2024 results were announced, revealing revenue held fairly constant amidst prolonged inventory de-stocking and slow industrial customer consumption.

Vishay Intertechnology reported Q3 2024 revenues of $735.4 million. The GAAP loss per share was ($0.14), while adjusted EPS was $0.08 per share. The book-to-bill ratio was 0.88, with semiconductors at 0.79 and passive components at 0.97.

  • Q3 2024 revenues reached $735.4 million.
  • Gross margin was 20.5%, impacted by Newport's addition by approximately 150 basis points.
  • GAAP loss per share was ($0.14); adjusted EPS was $0.08 per share.
  • Book-to-bill ratio for Q3 2024 was 0.88, with semiconductors at 0.79 and passive components at 0.97.

Headline financials

Total Revenue

$735M

Previous: $854M-13.9%
EPS

-$0.14

Previous: $0.60-123.3%
Capital Expenditures

-$59.5M

Previous: -$66.8M+10.9%
Free Cash Flow

-$19.3M

Previous: $65.5M-129.5%
Net Income

-$19.3M

Previous: $65.5M-129.5%
Operating Income

-$18.3M

Previous: $115M-115.9%
Gross Profit

$151M

Previous: $238M-36.5%
Cash & Equivalents

$644M

Previous: $1.1B-41.2%
Total Assets

$4.22B

Previous: $4.24B-0.5%

Revenue & EPS history

Vishay · Revenue · Quarterly

$735M

Q3 2024-13.9%vs Q3 2023
Beat estimate in 5 of 15 quarters(33%)
ActualEstimate

Forward guidance

For the fourth quarter of 2024, Vishay expects revenues in the range of $720 million +/- $20 million, with gross profit margin in the range of 20.0% +/- 50 basis points, including the negative impact of approximately 175 to 200 basis points from the addition of Newport.

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 2024

Historical avgQ3 2024

-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

Earnings price reactions
QuarterReport dateReaction (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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro