Littelfuse, Inc. Reports Earnings Results for the Fourth Quarter Ended December 30, 2023
January 30, 2024 at 05:00 pm EST
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Littelfuse, Inc. reported earnings results for the fourth quarter ended December 30, 2023. For the fourth quarter, the company reported sales was USD 533.81 million compared to USD 613.25 million a year ago. Net income was USD 42.88 million compared to USD 93.3 million a year ago.
Basic earnings per share from continuing operations was USD 1.72 compared to USD 3.77 a year ago. Diluted earnings per share from continuing operations was USD 1.71 compared to USD 3.74 a year ago.
Littelfuse, Inc. is an industrial technology manufacturing company. It designs, manufactures, and sells electronic components, modules, and subassemblies throughout the world. Its segments include Electronics, Transportation and Industrial. Its Electronics segment consists of product offerings in the industry, including fuses and fuse accessories, positive temperature coefficient (PTC) resettable fuses and polymer electrostatic discharge (ESD); semiconductor products, such as discrete transient voltage suppressor (TVS) diodes, silicon and silicon carbide metal-oxide-semiconductor field effect transistors and diodes, and insulated gate bipolar transistors (IGBT) technologies. Its Transportation segment consists of circuit protection, power control and sensing technologies for global original equipment manufacturers. Its Industrial Segment consists of industrial circuit protection (industrial fuse), industrial controls (protection relay, contactors, transformers) and temperature sensors.