Latest news with #VishayIntertechnology
Yahoo
7 days ago
- Business
- Yahoo
VSH Q2 Earnings Miss Estimates, Revenues Rise Y/Y, Stock Falls
Vishay Intertechnology, Inc. VSH reported second-quarter 2025 loss of 7 cents per share, in contrast to the Zacks Consensus Estimate of earnings of 2 cents. Moreover, this compares unfavorably with the year-ago quarter's earnings of 17 Intertechnology's revenues of $762.3 million beat the Zacks Consensus Estimate by 0.3%. Moreover, the top line increased 2.9% on a year-over-year company's weak second-quarter performance weighed on investor sentiment, leading to a fall of 14.05% in its share price on Wednesday. Year to date, VSH stock has plunged 17.8%, underperforming the Zacks Computer and Technology sector's growth of 10.9%.VSH has a mixed earnings surprise history. The company's earnings missed the Zacks Consensus Estimate in three of the trailing four quarters and matched once, the average negative surprise being 149.2%. Vishay Intertechnology, Inc. Price, Consensus and EPS Surprise Vishay Intertechnology, Inc. price-consensus-eps-surprise-chart | Vishay Intertechnology, Inc. Quote VSH's Q2 Top-Line Details Vishay Intertechnology's second-quarter performance reflected a broad-based recovery, with a year-over-year increase in revenues across most segments indicating a recovery in from MOSFET (19.5% of total revenues) were $148.6 million, down 4.19% year over year. The book-to-bill was revenues from Diodes (19.4% of total revenues) were $147.9 million, up 1.1% year over year. The book-to-bill was from Optoelectronics (7.1% of total revenues) in the second quarter were $54.1 million, up 2.1% year over year. The book-to-bill was from Resistors (25.6% of total revenues) were $194.8 million, up 8.5% year over year. The book-to-bill was from Inductors (12.6% of total revenues) were $95.7 million, up 1.7% year over year. The book-to-bill was from Capacitors (15.9% of total revenues) were $121.1 million, moving up 6.8% year over year. The book-to-bill was second-quarter adjusted EBITDA was $63.5 million, down 28.2% year over year. The adjusted EBITDA margin contracted 360 basis points on a year-over-year basis to 8.3%.The operating margin was 2.9% in the reported quarter, down from 5.1% in the year-ago quarter. Vishay Intertechnology's Balance Sheet & Cash Flow As of June 28, 2025, VSH's cash and cash equivalents were $473.9 million compared with $609.4 million as of March 29, debt was $914.5 million as of June 28, lower than $988.2 million as of March cash used in operating activities was $8.8 million, while the company generated a negative free cash flow of $73.2 million in the quarter. VSH Initiates Q3 Guidance For the second quarter, Vishay Intertechnology expects revenues of $775 million (plus or minus $20 million).The Zacks Consensus Estimate for revenues is pegged at $752.4 million, suggesting a year-over-year increase of 2.3%.The gross profit margin is anticipated to be 19.7% (plus or minus 50 basis points).The Zacks Consensus Estimate for earnings is pegged at 3 cents per share, indicating a year-over-year decline of 62.5%. Zacks Rank & Stocks to Consider Currently, VSH carries a Zacks Rank #3 (Hold).Some better-ranked stocks that investors can consider in the broader Zacks Computer and Technology sector are CDW CDW, Genpact G and EXL Service EXLS, each carrying a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks Zacks Consensus Estimate for CDW's 2025 earnings has been revised upwards by 2 cents to $9.73 per share in the past 30 days, implying a year-over-year increase of 2.2%. CDW shares have declined 4.9% year to Zacks Consensus Estimate for Genpact's 2025 earnings has been revised by 2 cents to $3.49 per share over the past 30 days and suggests a year-over-year increase of 6.4%. Genpact shares have fallen 1.8% year to Zacks Consensus Estimate for EXL Service's 2025 earnings has been revised upward by 2 cents to $1.90 per share in the past seven days, calling for a 15.2% year-over-year increase. EXL Service shares have fallen 3.7% year to date. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Genpact Limited (G) : Free Stock Analysis Report ExlService Holdings, Inc. (EXLS) : Free Stock Analysis Report Vishay Intertechnology, Inc. (VSH) : Free Stock Analysis Report CDW Corporation (CDW) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
06-08-2025
- Business
- Yahoo
No Surprises In Vishay Intertechnology's (NYSE:VSH) Q2 Sales Numbers But Quarterly Revenue Guidance Slightly Misses Expectations
Semiconductor manufacturer Vishay Intertechnology (NYSE:VSH) met Wall Street's revenue expectations in Q2 CY2025, with sales up 2.8% year on year to $762.3 million. On the other hand, next quarter's revenue guidance of $775 million was less impressive, coming in 0.9% below analysts' estimates. Its non-GAAP loss of $0.07 per share was significantly below analysts' consensus estimates. Is now the time to buy Vishay Intertechnology? Find out in our full research report. Vishay Intertechnology (VSH) Q2 CY2025 Highlights: Revenue: $762.3 million vs analyst estimates of $763.1 million (2.8% year-on-year growth, in line) Adjusted EPS: -$0.07 vs analyst estimates of $0.02 (significant miss) Adjusted EBITDA: $63.52 million vs analyst estimates of $60.92 million (8.3% margin, 4.3% beat) Revenue Guidance for Q3 CY2025 is $775 million at the midpoint, below analyst estimates of $782.1 million Operating Margin: 2.9%, down from 5.1% in the same quarter last year Free Cash Flow was -$73.17 million compared to -$86.78 million in the same quarter last year Inventory Days Outstanding: 112, in line with the previous quarter Market Capitalization: $2.17 billion 'The promising signals we saw emerging at the beginning of the year contributed to a 7% sequential increase in revenue for the second quarter. We delivered growth for semis and passives, across each of our end markets, each region, and to distributors and EMS customers,' said Joel Smejkal, president and CEO. Company Overview Named after the founder's ancestral village in present-day Lithuania, Vishay Intertechnology (NYSE:VSH) manufactures simple chips and electronic components that are building blocks of virtually all types of electronic devices. Revenue Growth Reviewing a company's long-term sales performance reveals insights into its quality. Any business can put up a good quarter or two, but many enduring ones grow for years. Regrettably, Vishay Intertechnology's sales grew at a sluggish 3.8% compounded annual growth rate over the last five years. This fell short of our benchmark for the semiconductor sector and is a rough starting point for our analysis. Semiconductors are a cyclical industry, and long-term investors should be prepared for periods of high growth followed by periods of revenue contractions. Long-term growth is the most important, but short-term results matter for semiconductors because the rapid pace of technological innovation (Moore's Law) could make yesterday's hit product obsolete today. Vishay Intertechnology's performance shows it grew in the past but relinquished its gains over the last two years, as its revenue fell by 9.1% annually. This quarter, Vishay Intertechnology grew its revenue by 2.8% year on year, and its $762.3 million of revenue was in line with Wall Street's estimates. Additionally, Vishay Intertechnology's growth inflected positively this quarter, news that will likely give some shareholders hope. Company management is currently guiding for a 5.4% year-on-year increase in sales next quarter. Looking further ahead, sell-side analysts expect revenue to grow 8.6% over the next 12 months, an improvement versus the last two years. This projection is above the sector average and suggests its newer products and services will catalyze better top-line performance. Software is eating the world and there is virtually no industry left that has been untouched by it. That drives increasing demand for tools helping software developers do their jobs, whether it be monitoring critical cloud infrastructure, integrating audio and video functionality, or ensuring smooth content streaming. Click here to access a free report on our 3 favorite stocks to play this generational megatrend. Product Demand & Outstanding Inventory Days Inventory Outstanding (DIO) is an important metric for chipmakers, as it reflects a business' capital intensity and the cyclical nature of semiconductor supply and demand. In a tight supply environment, inventories tend to be stable, allowing chipmakers to exert pricing power. Steadily increasing DIO can be a warning sign that demand is weak, and if inventories continue to rise, the company may have to downsize production. This quarter, Vishay Intertechnology's DIO came in at 112, which is 17 days above its five-year average, suggesting that the company's inventory levels are higher than what we've seen in the past. Key Takeaways from Vishay Intertechnology's Q2 Results We struggled to find many positives in these results. Its EPS missed and its revenue guidance for next quarter fell slightly short of Wall Street's estimates. Overall, this quarter could have been better. The stock traded down 1.9% to $15.71 immediately after reporting. Vishay Intertechnology's earnings report left more to be desired. Let's look forward to see if this quarter has created an opportunity to buy the stock. We think that the latest quarter is just one piece of the longer-term business quality puzzle. Quality, when combined with valuation, can help determine if the stock is a buy. We cover that in our actionable full research report which you can read here, it's free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Hindustan Times
04-08-2025
- Business
- Hindustan Times
Ukraine flags Indian-made parts in drones used by Russian forces
Ukraine has formally raised with the Indian government and the European Union (EU) the issue of electronic components made or assembled by firms in India being found on Iranian-designed drones used by Russian armed forces, people familiar with the matter said. The Shahed, a relatively inexpensive drone, has been used in large numbers by Russia to target Ukraine since late 2022. (REUTERS) The Ukrainian side raised the matter through formal diplomatic correspondence with the external affairs ministry on at least two occasions after these components were found on Shahed 136 unmanned combat aerial vehicles (UCAVs) since last year, according to the people cited above and documents reviewed by HT. Ukrainian diplomats brought up the issue with EU sanctions envoy David O'Sullivan when he visited New Delhi in mid-July, the people added on condition of anonymity. O'Sullivan travelled to India last month to brief Indian officials on the EU's latest sanctions package, which listed Vadinar refinery, jointly owned by Russian energy major Rosneft, and included an import ban on refined products made from Russian crude. According to the documents reviewed by HT, an investigation by Ukrainian authorities established that electronic components from Vishay Intertechnology and Aura Semiconductor – either assembled or made in India – were 'used by Russia in the production of the Shahed 136' UCAVs. The documents provided detailed information and images of specific components. A 'bridge rectifier E300359' of Vishay Intertechnology assembled in India was used in the Shahed's voltage regulator unit, while a PLL-based signal generator AU5426A chip made by Aura Semiconductor was used in the jammer-proof antenna for the drone's satellite navigation system, according to the documents. The people said, purely on a technical basis, the firms have not violated any Indian laws. External affairs ministry spokesperson Randhir Jaiswal responded to a query on the matter by saying: 'India's exports of dual-use items are in keeping with its international obligations on non-proliferation, and based on its robust domestic legal and regulatory framework. Due diligence is conducted to ensure that such exports do not violate any of our laws.' There was no official word on the matter from the Ukrainian embassy in New Delhi. However, Ukraine's defence intelligence directorate or HUR has reported about the Indian-origin components found in Shahed drones on its official Facebook page and Telegram channel. Several requests for a comment from Vishay Intertechnology, a US-based manufacturer of chips, optoelectronics and sensors, elicited no reply. Kishore Ganti, co-founder of Aura Semiconductor Pvt Ltd, the Bengaluru-based subsidiary of Ningbo Aura Semiconductor Co, said the firm ensures its products are used lawfully and ethically, and fully complies with all applicable national and international export control laws. 'We are deeply disturbed by the possibility that any of our components may have reached defence manufacturers through unauthorised third-party channels, in violation of our stated compliance framework and distribution agreements. We strongly oppose such activity and are committed to taking action wherever compliance gaps are identified,' Aura Semiconductor said in a statement. Ganti said that on becoming aware of the use of an 'Aura buffer product' in the Russia-Ukraine conflict, Aura undertook a limited audit to understand the end-use for the item in question. 'However, the findings of the audit were inconclusive with respect to supply chain/end-user visibility of the Aura buffer product,' Ganti said. The component is a 'plug-and-play' one and can be used without dependence on Aura for any kind of support, 'making it difficult for Aura to trace the end users in this instance', Ganti added. The people cited above said there were instances of electronic components made in India being legally exported to destinations in West Asia, from where they were diverted to Russia or Iran. After Ukraine raised the matter, representatives of Indian security agencies visited manufacturers of electronic components and chips in Delhi, Bengaluru and Mumbai to sensitise them about international restrictions related to dual-use items, the people said. The Shahed, a relatively inexpensive drone, has been used in large numbers by Russia to target Ukraine since late 2022. According to Ukraine's Security Service or SBU, Iran initially supplied 2,000 fully assembled drones to Russia, which later established its own assembly system using Iranian ready-made parts. Data from Ukraine's air force showed Russia launched 6,129 Shahed-type drones in July. Ukraine's defence intelligence directorate has also reported that electronic components from firms in the US and China have been found on Russian drones and other weapons. Ajay Srivastava, founder of the Global Trade Research Initiative (GTRI), said the components may have been diverted by foreign buyers to Iran through third countries. 'India strictly prohibits the export of dual-use items to sanctioned destinations. However, once such goods are exported to legitimate third countries, tracing their end use becomes nearly impossible – a challenge every open economy faces,' he said. These incidents underline the need for India to strengthen exporter awareness, especially in sensitive sectors, Srivastava said. 'Exporters must be better informed about high-risk geographies and flagged entities. But no system, however rigorous, can guarantee full control once goods leave Indian borders,' he added. 'Export compliance must be enforced, but blame must not be misdirected.'
Yahoo
04-08-2025
- Automotive
- Yahoo
Vishay Intertechnology (VSH) Introduces New Series of Uni/bidirectional 1500 W Surface-mount PAR® TVS in SMB (DO-214AA) Package
Vishay Intertechnology, Inc. (NYSE:VSH) is one of the Best Semiconductor Stocks to Buy Under $20. On July 30, the company introduced a new series of uni/bidirectional 1500 W surface-mount PAR® transient voltage suppressors (TVS) in the SMB (DO-214AA) package. In a bid to cater to the demands of automotive applications, the Vishay General Semiconductor T15BxxA and T15BxxCA series are AEC-Q101 qualified and provide high temperature operation to +185 °C. In comparison to TVS in the SMC (DO-214AB) package, the Automotive Grade devices, which have been released, offer a 58% smaller footprint to save board space and lower system costs. A close-up of discrete semiconductors in a manufacturing lab. Vishay Intertechnology, Inc. (NYSE:VSH) executed well during Q1 2025 on its strategic levers to fuel faster revenue growth and improve profitability. The company remains well-placed to navigate the evolving tariff policies and any sort of demand uncertainties. Irrespective of the direction global trade actions take, Vishay Intertechnology, Inc. (NYSE:VSH)'s global manufacturing footprint provides it with flexibility to assure customers of a reliable supply if they decide to shift orders based on country of origin and tariff impact. With the ongoing execution of strategic levers, Vishay 3.0 remains in a better position to participate in a market upturn and to exploit demand momentum in AI and smart grid infrastructure. Under Vishay 3.0, the company is in close contact with its customers, focusing on minimizing the impacts of macroeconomic uncertainties. Investment management company First Pacific Advisors recently released its Q1 2025 investor letter. Here is what the fund said: 'Vishay Intertechnology, Inc. (NYSE:VSH) makes passive electronic components and discrete semiconductors (resistors, inductors, capacitors, MOSFETs, diodes, etc). Although the industry is cyclical, competitive dynamics are stable and VSH benefits from incremental growth from electric vehicles and industrial electrification. The industry is currently struggling from a cyclical downturn following the excesses and component hoarding of the Covid era. Additionally, at its April 2024 Investor Day, Vishay announced very aggressive 2028 investment and profitability targets with a plan to strategically change the company's culture that was notably staid and overly-conservative. We are cautiously optimistic about Vishay's growth plans and have been adding to the position during this cyclical weakness.' Vishay Intertechnology, Inc. (NYSE:VSH) is engaged in manufacturing and selling discrete semiconductors and passive electronic components. While we acknowledge the potential of VSH as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
30-07-2025
- Automotive
- Yahoo
Vishay Intertechnology Uni/Bidirectional 1500 W PAR® TVS Solutions Offer High Temperature Operation to +185 °C in SMB (DO-214AA) Package
AEC-Q101 Qualified Devices Save Board Space While Offering High Stability for Automotive Applications MALVERN, Pa., July 30, 2025 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) today introduced a new series of uni/bidirectional 1500 W surface-mount PAR® transient voltage suppressors (TVS) in the SMB (DO-214AA) package. To meet the demands of automotive applications, the Vishay General Semiconductor T15BxxA and T15BxxCA series are AEC-Q101 qualified and offer high temperature operation to +185 °C. Compared to TVS in the SMC (DO-214AB) package, the Automotive Grade devices released today provide a 58 % smaller footprint to save board space and lower system costs. The unidirectional T15BxxA series offers extremely stable breakdown voltages from 12 V to 51 V, while the bidirectional T15BxxCA series provides breakdown voltages from 12V to 100 V. The devices offer excellent clamping capability — 17.0 V to 70.1 V for the T15BxxA and 17.0 V to 137 V for the T15BxxCA — and very fast response times. The TVS are designed to protect sensitive electronics against voltage transients induced by inductive load switching and lightning. Typical applications will include lighting, electro-mechanical brake (EMB), and fuel pump control; 48 V DC/DC converters and inverters; integrated starter generators, BMS, vehicle control units (VCU), and on-board chargers; and telematics control units (TCU) for audio, electronic stability control (ESC), and radar sensors. The devices meet MSL level 1 standards per J-STD-020 and are RoHS-compliant and halogen-free. Samples and production quantities of the uni/bidirectional TVS are available now, with lead times of 12 weeks. Vishay manufactures one of the world's largest portfolios of discrete semiconductors and passive electronic components that are essential to innovative designs in the automotive, industrial, computing, consumer, telecommunications, military, aerospace, and medical markets. Serving customers worldwide, Vishay is The DNA of tech.® Vishay Intertechnology, Inc. is a Fortune 1,000 Company listed on the NYSE (VSH). More on Vishay at The DNA of tech® is a registered trademark of Vishay Intertechnology, Inc. PAR is a registered trademark of Vishay Intertechnology, Inc. Vishay on Facebook: Vishay Twitter feed: Link to product photo: to datasheets: (T15B12A thru T15B51A) (T15B12CA thru T15B100CA) For more information please contact:Vishay IntertechnologyPeter Henrici, +1 408 orRedpinesBob Decker, +1 415 in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
