-+ 0.00%
-+ 0.00%
-+ 0.00%
Vishay: Q2 Earnings Snapshot
Share
Listen to the news

MALVERN, Pa. (AP) — MALVERN, Pa. (AP) — Vishay Intertechnology Inc. (VSH) on Wednesday reported second-quarter net income of $28.1 million.

On a per-share basis, the Malvern, Pennsylvania-based company said it had net income of 19 cents.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 15 cents per share.

The chipmaker posted revenue of $888.6 million in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $893.4 million.

For the current quarter ending in September, Vishay said it expects revenue in the range of $945 million to $975 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VSH at https://www.zacks.com/ap/VSH

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending