VISHAY INTERTECHNOLOGY Reports Second Quarter FY2023 Earnings Results
August 15, 2023
🌥️Earnings Overview
VISHAY INTERTECHNOLOGY ($NYSE:VSH) reported total revenue of USD 892.1 million for the second quarter of FY2023, a 3.3% increase compared to the same quarter of the previous year. However, reported net income declined by 15.4%, amounting to USD 95.0 million. The figures were released on August 9 2023, for the quarter ending June 30 2023.
Share Price
On Wednesday, VISHAY INTERTECHNOLOGY reported its earnings results for the second quarter of FY2023. The stock opened at $27.1 and closed at $27.0, up by 0.9% from previous closing price of 26.8. Analysts have estimated that VISHAY INTERTECHNOLOGY’s earnings per share will continue to increase in the coming quarters, especially as they are investing more in research and development and new product launches. Furthermore, their strong balance sheet and cash position provide a solid foundation for future growth and expansion. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Vishay Intertechnology. More…
| Total Revenues | Net Income | Net Margin |
| 3.54k | 419.67 | 11.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Vishay Intertechnology. More…
| Operations | Investing | Financing |
| 613.11 | -321.29 | 24.81 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Vishay Intertechnology. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.19k | 1.97k | 15.83 |
Key Ratios Snapshot
Some of the financial key ratios for Vishay Intertechnology are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 13.4% | 48.1% | 17.5% |
| FCF Margin | ROE | ROA |
| 7.5% | 17.8% | 9.2% |
Analysis
At GoodWhale, we have conducted a thorough analysis of the financials of VISHAY INTERTECHNOLOGY, and have labeled them a low risk investment. Our risk rating system shows that there is no significant risk associated with this company’s financial and business aspects. However, we have detected two risk warnings in the company’s income sheet and balance sheet. These warnings include the possibility of a financial strain due to a large amount of debt and a potential lack of liquidity. To get a better understanding of these risks, register as a user to get access to our detailed analysis. More…
Peers
In the electronic components industry, Vishay Intertechnology Inc is facing stiff competition from Diodes Inc, JALCO Holdings Co Ltd, and Restar Holdings Corp. All four companies are fighting for market share in this highly competitive industry. Vishay Intertechnology Inc has a strong market position and is a leading provider of electronic components. However, the company is facing challenges from its competitors.
– Diodes Inc ($NASDAQ:DIOD)
Diodes Inc is a leading manufacturer and supplier of semiconductor products used in a wide range of electronic devices. The company’s products are used in a variety of applications, including mobile phones, computers, automotive electronics, and industrial and consumer electronics. Diodes Inc has a market cap of 3.18B as of 2022, a Return on Equity of 22.49%. The company’s products are used in a variety of applications, including mobile phones, computers, automotive electronics, and industrial and consumer electronics.
– JALCO Holdings Co Ltd ($TSE:6625)
JALCO Holdings Co Ltd is a Japanese holding company that operates in the aviation, construction, and real estate industries. The company has a market cap of 17.24B as of 2022 and a return on equity of 9.39%. JALCO was founded in 1937 and is headquartered in Tokyo, Japan.
– Restar Holdings Corp ($TSE:3156)
Restar Holdings Corp is a holding company with a focus on acquiring and managing a portfolio of companies in the food and beverage industry. The company has a market cap of 59.54B as of 2022 and a Return on Equity of 7.97%. Restar Holdings Corp is a holding company that acquires and manages a portfolio of companies in the food and beverage industry. The company’s focus is on delivering shareholder value through a combination of organic growth and strategic acquisitions.
Summary
VISHAY INTERTECHNOLOGY reported their fiscal year 2023 second quarter results on August 9th. Total revenue increased by 3.3% to USD 892.1 million compared to the same quarter a year prior, while reported net income decreased by 15.4% to USD 95.0 million. Investors should consider the latest earnings in the context of VISHAY INTERTECHNOLOGY’s overall performance as well as the competitive landscape in which it operates. Analysts should also pay attention to any management commentary or guidance when evaluating the company’s short and long-term prospects.
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