03.05.2016 13:38:54

Vishay Intertechnology Inc. Announces 9% Retreat In Q1 Bottom Line

(RTTNews) - Vishay Intertechnology Inc. (VSH) reported a profit for first quarter that lost ground compared to the same period last year.

The company said its earnings totaled $28.01 million, or $0.19 per share. This was down from $30.69 million, or $0.20 per share, in last year's first quarter.

The company said revenue for the quarter fell 3.8% to $570.60 million. This was down from $593.44 million last year.

Vishay Intertechnology Inc. earnings at a glance:

-Earnings (Q1): $28.01 Mln. vs. $30.69 Mln. last year. -Earnings Decline (Y-o-Y): -8.7% -EPS (Q1): $0.19 vs. $0.20 last year. -EPS Decline (Y-o-Y): -5.0% -Revenue (Q1): $570.60 Mln vs. $593.44 Mln last year. -Revenue Change (Y-o-Y): -3.8%

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