Vishay Intertechnology, Inc. (NYSE: VSH) has released its financial results for the fiscal second quarter ended June 28, 2025, showing a promising increase in revenues. The company reported second quarter 2025 revenues of $762.3 million, representing a 7% sequential increase.
The gross margin for the quarter was 19.5%, which included the negative impact of approximately 160 basis points related to the addition of Newport. Vishay reported earnings per share (EPS) of $0.01 for the second quarter of 2025, with an adjusted loss per share of $(0.07).
The company's book-to-bill ratio for the second quarter of 2025 was 1.02, with a book-to-bill of 0.98 for semiconductors and 1.06 for passive components. Additionally, the backlog at the end of the quarter stood at 4.6 months.
Looking ahead, Vishay's management expects revenues in the range of $775 million +/ $20 million for the third quarter of 2025, with a gross profit margin in the range of 19.7% +/ 50 basis points. This forecast includes the negative impact of approximately 160 to 185 basis points from the addition of Newport.
Joel Smejkal, President and CEO of Vishay Intertechnology, expressed optimism about the company's performance, attributing the revenue growth to promising signals at the beginning of the year. Smejkal emphasized the company's capacity expansion investments positioning Vishay to participate more fully in the market upturn.
Vishay Intertechnology, Inc. is a Fortune 1,000 company listed on the NYSE and is known for manufacturing a wide range of discrete semiconductors and passive electronic components essential to various industries.
The company has scheduled a conference call to discuss its second quarter financial results on August 6, 2025, at 9:00 a.m. ET. A live audio webcast of the conference call and a PDF copy of the press release and the quarterly presentation will be accessible from the investor relations section of the Vishay website.
No information on the company's future performance, including forecasted revenues and margins, capital investment, capacity expansion, stockholder returns, and the performance of the economy in general, has been provided in the press release. As a result of these announcements, the company's shares have moved -1.05% on the market, and are now trading at a price of $16.01. If you want to know more, read the company's complete 8-K report here.
