Fiscal Fourth Quarter Report: Vishay Intertechnology's Results Revealed

Vishay Intertechnology's Financial Performance Overview

MALVERN, Pa. — Vishay Intertechnology, Inc. (NYSE: VSH), recognized as a leading manufacturer of discrete semiconductors and passive electronic components, has released its financial results for the fourth quarter and the full fiscal year ending December 31, 2024.

Key Highlights

• In the fourth quarter of 2024, the company generated revenues amounting to $714.7 million.
• Reported a GAAP loss per share of ($0.49), although the adjusted earnings per share remained at $0.00.
• The book-to-bill ratio in Q4 2024 was noted at 1.01, with semiconductors at 0.99 and passive components at 1.03.
• The backlog at the end of the quarter was a solid 4.4 months.
• In the fourth quarter, Vishay returned $26.2 million to its stockholders, totaling $105.1 million for the year.
• Capital expenditures for the fiscal year 2024 reached $320.1 million.

“While we experienced a slight downturn compared to the previous quarter, several encouraging indicators emerged,” stated Joel Smejkal, President and CEO. “These indicators included a positive book-to-bill ratio for the first time in nine quarters, and strong order flows for smart grid infrastructure projects, alongside initial deliveries for AI servers. We are strategically positioned for a potential market rebound in 2025, focusing on our priorities under Vishay 3.0, which emphasizes capacity enhancements, strategic engagements, and customer relations.”

Outlook for the First Quarter of 2025

Management anticipates Q1 2025 revenues in the range of approximately $710 million, plus or minus $20 million, alongside a gross profit margin expected between 19.0% with a deviation of approximately 50 basis points due to pressures impacting Newport.

Discussion of Financial Results

The company’s approach to financial transparency is essential for maintaining investor confidence. The fiscal year saw fluctuations in earnings, influenced by market conditions, operational decisions, and shifts in consumer demand across various sectors.

Revenue Breakdown

Vishay reported a total net revenue of $714.7 million in Q4, contrasted with $785.2 million for the same quarter the previous year. This revenue reflects the competitive landscape in the electronics components market.

Operational Insights

Despite the challenges faced, the operational decisions to streamline processes and optimize resource allocation proved beneficial. The gross profit for Q4 amounted to $626.3 million, although adjustments related to overall operating costs affected the net earnings.

Future Strategies and Innovations

Vishay's strategic outlook emphasizes innovation and adaptation within the rapidly changing tech landscape. The company aims to leverage megatrends such as e-mobility and sustainability to fuel growth and improve profitability.

The ongoing investments in research and development will be pivotal in introducing cutting-edge technologies that meet evolving consumer needs. Vishay's commitment to sustainability not only aligns with current market demands but also positions the company as a forward-thinking competitor in the sector.

Frequently Asked Questions

What were Vishay Intertechnology's Q4 2024 revenues?

Vishay Intertechnology reported revenues of $714.7 million for Q4 2024.

What is the company’s outlook for the first quarter of 2025?

The company expects revenues between $710 million and $730 million in Q1 2025.

What is the significance of the book-to-bill ratio mentioned?

The book-to-bill ratio of 1.01 indicates that orders received exceeded shipments, suggesting a positive demand environment.

How much did Vishay return to shareholders in Q4 2024?

Vishay returned $26.2 million to shareholders in the fourth quarter of 2024.

What are Vishay’s strategic focuses moving forward?

Vishay aims to focus on capacity improvements and customer engagement strategies to support growth in e-mobility and sustainability sectors.

About The Author

My name is Dylan Bailey, and I am 28 years old. I am an author and an expert on the stock market who specializes in publicly traded companies. Early fascination with the stock market inspired me to seek a finance degree and then delve deeply into the world of stocks. I have developed over the years my abilities to spot investment prospects, assess business performance, and analyze market trends.

My books and articles try to help regular investors understand the nuances of the stock market. Anyone can, in my opinion, make wise investment choices and succeed financially if they have the correct information and resources. In my writing, I combine in-depth research with practical insights and advice that can be put into action. This is done with the intention of assisting readers in navigating the constantly shifting landscape of publicly traded companies.

In addition to writing, I also host webinars and workshops, where I give presentations and share my knowledge with a wider audience. I also write for top financial journals and show up as a guest analyst on financial news shows. I like to travel, spend time with my family, and keep active by playing different sports when I'm not buried in market research.

My goal is to enable people to choose wisely and consciously in their investments, so taking charge of their financial futures. By my work, I hope to create a community of informed and self-assured investors prepared to take advantage of the chances presented by the stock market.

Contact Dylan Bailey privately here. Or send an email with ATTN: Dylan Bailey as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.