Revenue Update on Vishay Precision Group Inc(NYSE:VPG)

Vishay Precision Group Inc(NYSE:VPG) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Aug 9, 2016. Company reported revenue of $58.00M. Analysts estimated a revenue of $59.51M. Earnings per share were $0.15.

Vishay Precision Group Inc (VPG) made into the market gainers list on Wednesdays trading session with the shares advancing 0.63% or 0.09 points. Due to strong positive momentum, the stock ended at $14.48, which is also near the day’s high of $14.56. The stock began the session at $14.35 and the volume stood at 75,966 shares. The 52-week high of the shares is $15.48 and the 52 week low is $10.25. The company has a current market capitalization of $191 M and it has 1,31,92,203 shares in outstanding.

Vishay Precision Group Inc. (VPG) designs manufactures and markets sensors and sensor-based measurement systems as well as specialty resistors and strain gages. The Company operates through three business segments: Foil Technology Products Force Sensors and Weighing and Control Systems. The Foil Technology Products segment includes foil resistor and strain gage operating segments. The segment’s brands include Alpha Electronics Micro-Measurements Powertron and Vishay Foil Resistors. The Force Sensors segment includes load cells and force measurement transducers that are offered as precision sensors for industrial and commercial use. The segment’s brand includes VPG Transducers. The Weighing and Control Systems segment designs and manufactures complete systems that consist of load cells and instrumentation for weighing and force control/measurement. The segment’s brands include BLH Nobel KELK and VPG Onboard Weighing.

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