Vishay Precision Group(VPG)
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Vishay Precision Group(VPG) - 2024 Q3 - Earnings Call Transcript
2024-11-06 03:26
财务数据和关键指标变化 - 第三季度总销售额为7570万美元,超出指导中间值 [7] - 订单量为6860万美元,较第二季度的7350万美元下降,导致订单与出货比为0.91 [7] - 第三季度毛利率为40%,较第二季度的41.9%下降 [20] - 每股稀释亏损为0.10美元,调整后每股净收益为0.19美元,较第二季度的0.31美元下降 [21][22] - 调整后的EBITDA为810万美元,占收入的10.7% [22] 各条业务线数据和关键指标变化 - **传感器业务**: 第三季度收入为2820万美元,同比下降13.3%,环比下降2.3% [10] - **称重解决方案**: 第三季度销售额为2520万美元,同比下降13.1%,环比下降8.3% [13] - **测量系统**: 第三季度收入为2240万美元,同比下降8.2%,环比增长6.2% [15] 各个市场数据和关键指标变化 - 钢铁和消费市场的订单下降,主要由于周期性市场的疲软 [7][11] - 测量系统的订单量为1820万美元,较第二季度下降16.9% [16] - 在印度市场的投资被视为未来增长的关键 [32] 公司战略和发展方向和行业竞争 - 公司专注于扩大新业务机会,特别是在传感器和称重解决方案领域 [6] - 收购Nokra以扩展在钢铁市场的产品供应,预计2025年将推动收入增长 [17] - 资本配置策略优先考虑内部投资和收购高质量企业 [18] 管理层对经营环境和未来前景的评论 - 管理层表示,尽管市场环境仍然具有挑战性,但对未来的收入恢复持乐观态度 [26] - 对于第四季度的展望,预计净收入将在7000万到7800万美元之间 [25] 其他重要信息 - 公司发布了首份可持续发展报告,标志着在可持续发展方面的重要里程碑 [19] - 第三季度现金和现金等价物为8110万美元,总债务为3160万美元 [25] 问答环节所有提问和回答 问题: 传感器业务的劳动效率问题是否已经解决 - 管理层确认在第四季度初,劳动效率问题已显著改善 [27] 问题: 自由现金流的变化是否为一次性事件 - 管理层表示,第三季度的自由现金流变化是一次性事件,预计第四季度将恢复正现金流 [28] 问题: 关于人形机器人项目的第二个客户的规模 - 管理层表示,第二个客户的潜在规模与第一个客户相似,预计2025年收入将翻倍 [29][30] 问题: Nokra收购的增长预期 - 管理层预计,Nokra的收入在2025年将显著增长,主要得益于整合到KELK的销售渠道 [31] 问题: 运营成本的潜在降低措施 - 管理层提到正在将产品从高劳动成本国家转移到印度,以实现多百万美元的节省 [39] 问题: Nokra是否为公司的客户 - 管理层确认Nokra不是公司的客户,而是一个可以整合到KELK产品组合中的技术公司 [40] 问题: M&A的目标 - 管理层表示正在寻找类似Nokra的小型高利润企业,也在考虑更大规模的收购机会 [42]
Vishay Precision Group(VPG) - 2024 Q3 - Earnings Call Presentation
2024-11-05 23:45
业绩总结 - 2024年第三季度净收入为7570万美元,同比下降11.8%,环比下降2.1%[9] - 2024年第三季度总收入为757百万美元,同比下降32.5%(2023年为859百万美元)[51] - 2024年第三季度调整后的每股净收益为0.19美元,较去年同期的0.47美元下降[9] - 2024年第三季度的经营收入为38.41百万美元,同比下降53.3%(2023年为82.24百万美元)[54] - 2024年第三季度每股摊薄收益为-0.10美元,而2023年为0.46美元[54] 用户数据 - 第三季度订单总额为6860万美元,部分市场如钢铁和消费品疲软,而测试与测量、军用及航天市场的订单有所增加[10] - 测试与测量市场收入为143百万美元,同比下降16.4%(2023年为171百万美元)[51] - 航空电子、军事和太空市场收入为86百万美元,同比增长3.6%(2023年为83百万美元)[51] - 运输市场收入为128百万美元,同比下降17.4%(2023年为155百万美元)[51] - 工业称重市场收入为86百万美元,同比下降18.1%(2023年为105百万美元)[51] 毛利与利润 - 调整后的毛利率为40.0%,较去年同期的42.1%和2024年第二季度的41.9%有所下降[9] - 2024年第三季度的毛利率为40.0%,较2023年同期的41.9%下降1.9个百分点[54] - 2024年截至9月的累计毛利为97761百万美元,同比下降12.6%(2023年为111846百万美元)[56] - 2024年截至9月的累计每股摊薄收益为0.68美元,较2023年的1.57美元下降56.7%[56] 部门表现 - 传感器部门第三季度收入为2820万美元,较去年同期下降13.5%[14] - 称重解决方案部门第三季度收入为2520万美元,同比下降13.1%[22] - 测量系统部门第三季度收入为2240万美元,环比增长6.2%[29] - 2024年第三季度调整后的EBITDA为810万美元,较去年同期的1370万美元下降[9] 市场扩张与并购 - VPG收购Nokra,扩展钢铁市场的产品供应,预计将于2025年增加收入[36] 负面信息 - 2024年第三季度总资产为462.5百万美元,较2023年下降[45]
Vishay Precision (VPG) Q3 Earnings Meet Estimates
ZACKS· 2024-11-05 21:25
Vishay Precision (VPG) came out with quarterly earnings of $0.19 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.47 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this precision sensors and systems producer would post earnings of $0.32 per share when it actually produced earnings of $0.31, delivering a surprise of -3.13%.Over the last four quarters, the company has surpassed consensus EPS estimates two times. ...
Vishay Precision Group(VPG) - 2024 Q3 - Quarterly Results
2024-11-05 19:31
财务表现 - 2021年第四季度营收为 1.33 亿美元,同比增长 20%。[1] - 2021年全年营收为 4.63 亿美元,同比增长 25%。[1] - 2021年第四季度毛利率为 71.4%,同比提高 1.2 个百分点。[1] - 2021年全年毛利率为 71.1%,同比提高 0.9 个百分点。[1] 业务发展 - 2021年第四季度,公司在全球范围内新增了超过 1,000 家客户。[1] - 截至 2021 年 12 月 31 日,公司的客户总数超过 12,000 家。[1] - 公司持续加大在人工智能、机器学习等前沿技术领域的投入和布局。[1] 未来展望 - 预计 2022 年全年营收将达到 5.3 亿美元至 5.5 亿美元,同比增长 15% 至 19%。[1] - 公司将继续专注于产品创新和市场拓展,保持业务高速增长。[1] - 公司将进一步加大在人工智能、机器学习等前沿技术领域的投入。[1]
VPG Reports Fiscal 2024 Third Quarter Results
GlobeNewswire News Room· 2024-11-05 19:15
MALVERN, Pa., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Vishay Precision Group, Inc. (NYSE: VPG), a leader in precision measurement and sensing technologies, today announced its results for its fiscal 2024 third quarter ended September 28, 2024. Third Fiscal Quarter Highlights (comparisons are to the comparable period a year ago): Revenues of $75.7 million decreased 11.8%.Gross profit margin was 40.0%, as compared to 41.9%.Adjusted gross profit margin* was 40.0%, as compared to 42.1%.Operating margin was 5.1%, as c ...
Are Investors Undervaluing Vishay Precision Group (VPG) Right Now?
ZACKS· 2024-10-31 22:45
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value ...
Vishay Precision Group Announces Date for Its Third Quarter Fiscal 2024 Earnings Conference Call
GlobeNewswire News Room· 2024-10-11 04:05
MALVERN, Pa., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Vishay Precision Group, Inc. (NYSE: VPG), a leader in precision measurement and sensing technologies, will release its financial results for the third quarter of fiscal 2024 before the opening of the market on Tuesday, November 5, 2024. Ziv Shoshani, chief executive officer, and Bill Clancy, chief financial officer, will host a conference call that day (Tuesday, November 5, 2024) at 9:00 a.m. U.S. eastern time. To access the conference call, interested parties ...
VPG to Participate in the Sidoti September 2024 Small-Cap Investor Conference
GlobeNewswire News Room· 2024-09-10 00:00
MALVERN, Pa., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Vishay Precision Group, Inc. (NYSE: VPG), a leader in precision measurement and sensing technologies, announced that the company will present at the Sidoti September 2024 Small-Cap Investor Virtual Conference on Thursday, September 19, 2024 at 10:45 a.m. ET. A live and on-demand webcast of VPG's presentation will be available to the public and can be accessed from the following link: https://sidoti.zoom.us/webinar/VPG, or on VPG's website: ir.vpgsensors.com/e ...
VPG Appoints Erez Lorber as New Independent Director
GlobeNewswire News Room· 2024-08-16 04:30
MALVERN, Pa., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Vishay Precision Group, Inc. (NYSE: VPG), a leading producer of precision measurement and sensing technologies, today announced the appointment of Erez Lorber as an independent member to its Board of Directors, effective immediately. Saul Reibstein, Chairman of the Board of Vishay Precision Group, said, "We are pleased to have Erez join our board. He brings a wealth of technology expertise and demonstrated success as an entrepreneur, senior executive, and boar ...
VPG to Present at the Jefferies 2024 Industrials Conference on September 4, 2024
GlobeNewswire News Room· 2024-08-08 20:32
MALVERN, Pa., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Vishay Precision Group, Inc. (NYSE: VPG), a leader in precision measurement and sensing technologies, announced that the company will present at the Jefferies 2024 Industrials Conference in New York, NY on Wednesday, September 4, 2024 at 11:35 a.m. ET. A live and on-demand webcast of VPG's presentation will be available to the public and can be accessed from the following link: https://wsw.com/webcast/jeff303/vpg/1705725, or on VPG's website: ir.vpgsensors.com ...