Vishay Precision Group, Inc. Provides Revenue Guidance for the First Quarter of 2024
February 14, 2024 at 06:15 am EST
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Vishay Precision Group, Inc. provided revenue guidance for the first quarter of 2024. for the quarter, the company expects net revenues to be in the range of $80 million to $90 million at constant fourth fiscal quarter 2023 exchange rates.
Vishay Precision Group, Inc. is a global, diversified company focused on precision measurement and sensing technologies, including specialized sensors, weighing solutions, and measurement systems. The Company operates through three segments: Sensors, Weighing Solutions, and Measurement Systems. Its Sensors reporting segment is comprised of the foil resistor and strain gage operating segments. Its foil resistors are marketed under VFR, Alpha Electronics, Powertron and APR brands. The Weighing Solutions segment is comprised of its VPG Transducers, VPG Onboard Weighing, BLH Nobel, Stress-Tek, Celtron and Vulcan businesses. The Weighing Solutions segment includes specialized modules and systems used to precisely measure weight, force torque, and pressure. The Measurement Systems segment is comprised of highly specialized systems for steel production, materials development, and safety testing. This segment is comprised of its KELK, DSI, Pacific Instruments, and its DTS businesses.