Vishay Intertechnology is trading at $34.80, +6.16% in pre-market after reporting second-quarter results that exceeded estimates.
- Adjusted revenue was $918.6 million and adjusted EPS $0.19, versus estimates of $897.0 million and $0.15.
- Management guided third-quarter revenue to $945 millionβ$975 million, above consensus, citing a 1.32 book-to-bill ratio, stronger backlog, and earlier margin expansion.
- Broader semiconductor strength is adding support, with SOXX up 2.91% pre-market.