Vishay Intertechnology Inc.
Vishay Intertechnology Reports Third Quarter 2024 Financial Results
Summary
On November 6, 2024, Vishay Intertechnology, Inc. reported its financial results for the third quarter and first nine months of 2024. The company posted net revenues of $735.4 million for Q3 2024, a GAAP loss per share of $0.14, and an adjusted EPS of $0.08. For the first nine months, net revenues were $2.22 billion, with adjusted earnings of $290.7 million. Vishay also provided an outlook for Q4 2024, expecting revenues between $720 million and $740 million.
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About Vishay Intertechnology Inc.
Vishay Intertechnology Inc., a leading electronic components manufacturer, plays a crucial role in the technology and electronics sectors. The company specializes in manufacturing a vast array of discrete semiconductors, including rectifiers and diodes, as well as passive components such as capacitors and resistors. These components are essential for the development and function of various electronic devices and systems across industries. As electronics become increasingly integral to modern life, Vishay's products find applications in consumer electronics, automotive, industrial, and telecommunications markets. Headquartered in Malvern, Pennsylvania, Vishay Intertechnology Inc. consistently invests in research and development to advance component efficiency and technology, reinforcing its standing within the global electronics supply chain. Established in 1962, the company has grown to be a significant supplier in the electronics market worldwide, providing critical components that enable advanced technological innovations.
Official SEC Documents
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