Vishay Intertechnology IncVishay's Q2 revenue of $888.6 million rose 16.6% but missed analyst estimates by 1.8%, and the stock is down 16% since reporting.
Vishay Intertechnology reported second-quarter revenues of $888.6 million, up 16.6% year on year, falling short of analysts' expectations by 1.8% even as it beat EPS and operating income estimates. CEO Joel Smejkel said the quarter delivered 9.5% sequential growth to adjusted revenue of $919 million, exceeding the top end of the company's revenue guidance on strengthening demand across all end markets, channels and regions. The stock is down 16% since reporting and currently trades at $32.64. Across the 14 analog semiconductors stocks tracked, group revenues beat consensus estimates by 1.8% while next quarter's revenue guidance came in 4.9% above, and share prices have held steady, up 2.2% on average since the latest earnings results. Monolithic Power Systems posted the group's best quarter with revenues of $980.6 million, up 47.6% year on year and 8.6% above expectations, while Himax had the slowest, with revenues of $227.4 million, up 5.9% and 2% above estimates.
Vishay Intertechnology IncVishay's Q2 revenue of $888.6 million rose 16.6% but missed analyst estimates by 1.8%, and the stock is down 16% since reporting.
Monolithic Power Systems IncMonolithic Power Systems posted the group's best quarter with revenues up 47.6% year on year and 8.6% above expectations.
Microchip Technology Inc
Texas Instruments Incorporated
Himax Technologies IncHimax had the group's slowest quarter with revenues of $227.4 million, up 5.9% and 2% above estimates.