NYSE:VPGElectronic
Vishay Precision Group (VPG) Stock Sinks As Losses Expose Margin Strain
Vishay Precision Group entered this earnings release with a stock that had already declined over the past month, then the floor gave way. Shares closed at US$73.56 on Thursday, down about 27% in a single session, as investors reacted to a fresh quarterly loss and softening margins.
The headline from the release is simple and uncomfortable. Revenue was around US$83.9m, yet Vishay Precision Group reported a net loss of about US$1.7m and lower earnings per share than in recent quarters. The gap...