Vishay Intertechnology Inc. Profit Drops 27% In Q4

(RTTNews) - Vishay Intertechnology Inc. (VSH) revealed earnings for fourth quarter that fell compared to the same period last year.

The company said its earnings dropped to $21.30 million, or $0.14 per share. This was down from $29.19 million, or $0.19 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.12 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 9.0% to $555.93 million. This was down from $610.76 million last year.

Vishay Intertechnology Inc. earnings at a glance:

-Earnings (Q4): $21.30 Mln. vs. $29.19 Mln. last year. -Earnings Decline (Y-o-Y): -27.0% -EPS (Q4): $0.14 vs. $0.19 last year. -EPS Decline (Y-o-Y): -26.3% -Analysts Estimate: $0.12 -Revenue (Q4): $555.93 Mln vs. $610.76 Mln last year. -Revenue Change (Y-o-Y): -9.0%

-Guidance: Next quarter revenue guidance: $540 - $580 Mln