Littelfuse, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 31, 2023 at 05:00 pm EDT
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Littelfuse, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 607.07 million compared to USD 658.88 million a year ago. Net income was USD 57.79 million compared to USD 75.47 million a year ago. Basic earnings per share from continuing operations was USD 2.32 compared to USD 3.05 a year ago. Diluted earnings per share from continuing operations was USD 2.3 compared to USD 3.02 a year ago.
For the nine months, sales was USD 1,828.85 million compared to USD 1,900.65 million a year ago. Net income was USD 216.6 million compared to USD 280 million a year ago. Basic earnings per share from continuing operations was USD 8.72 compared to USD 11.32 a year ago. Diluted earnings per share from continuing operations was USD 8.63 compared to USD 11.21 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.
LITTELFUSE, INC. 
