30.10.2018 12:43:39

Vishay Intertechnology Inc. Q3 adjusted earnings Beat Estimates

(RTTNews) - Vishay Intertechnology Inc. (VSH) announced a profit for its third quarter that climbed from the same period last year.

The company's earnings came in at $77.88 million, or $0.51 per share. This compares with $64.40 million, or $0.41 per share, in last year's third quarter.

Excluding items, Vishay Intertechnology Inc. reported adjusted earnings of $92.05 million or $0.60 per share for the period.

Analysts had expected the company to earn $0.53 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 15.2% to $780.97 million from $677.94 million last year.

Vishay Intertechnology Inc. earnings at a glance:

-Earnings (Q3): $92.05 Mln. vs. $65.28 Mln. last year. -EPS (Q3): $0.60 vs. $0.42 last year. -Analysts Estimate: $0.53 -Revenue (Q3): $780.97 Mln vs. $677.94 Mln last year.

-Guidance: Next quarter revenue guidance: $745 to $785 Mln

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