Overview

• Precision measurement tech firm's fiscal Q1 revenue grew 17.6%, beating analyst expectations

• Adjusted EPS for fiscal Q1 beat analyst expectations

• Company attributes results to strong Sensors segment demand and higher sales across markets

Outlook

• VPG expects Q2 2026 net revenues between $85 mln and $90 mln

• Company says current bookings trends and backlog support a positive business environment for 2026

• VPG announces revised target model reflecting expectations for accelerated organic top-line growth

Result Drivers

• SENSORS DEMAND - Co said Sensors segment bookings grew 29% sequentially and revenue rose 23% year-over-year, driven by strong demand across semiconductor equipment, data centers, avionics, military and space, and select industrial markets

• HIGHER VOLUME & PRODUCT MIX - Sensors segment gross profit margin rose to 34.8% from 30.8% a year ago, mainly due to higher volume, favorable product mix, and improved manufacturing efficiencies, partially offset by higher personnel costs and unfavorable currency

• WEIGHING SOLUTIONS SALES - Weighing Solutions segment revenue increased 14.4% year-over-year, mainly from higher sales in medical and industrial weighing markets, though gross margin declined due to unfavorable product mix and higher manufacturing and fixed costs

Company press release: ID:nGNX7PbyNC

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q1 Revenue	Beat	$84.35 mln	$77.08 mln (3 Analysts)
Q1 Adjusted EPS	Beat	$0.07	$0 (3 Analysts)
Q1 EPS		-$0.02
Q1 Net Earnings		-$287,000

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the industrial machinery & equipment peer group is "buy"

• Wall Street's median 12-month price target for Vishay Precision Group Inc is $54.00, about 18.9% below its May 11 closing price of $66.60

• The stock recently traded at 65 times the next 12-month earnings vs. a P/E of 47 three months ago

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