Vishay posts GAAP loss of $0.14 a share on $735.4 million Q3 revenue
Vishay reported fiscal third quarter 2024 results on November 6, 2024. Revenue fell from the prior quarter and year-earlier levels, and the company posted a GAAP loss of $0.14 per share after $40.6 million in restructuring and severance costs, with adjusted EPS of $0.08. For the fourth quarter, management expects revenue of $720 million, plus or minus $20 million, which is below the third-quarter level.
Key points
- Q3 2024 revenue was $735.4 million, down from $741.2 million in Q2 2024 and $853.7 million in Q3 2023.
- GAAP loss per share was $0.14, compared with GAAP earnings of $0.47 per share a year earlier; adjusted EPS was $0.08 versus $0.60.
- Restructuring and severance costs totaled $40.6 million in the quarter, and gross margin fell to 20.5% from 27.8% a year earlier.
- Q4 2024 outlook calls for revenue of $720 million, plus or minus $20 million, and gross margin of 20.0%, plus or minus 50 basis points.
The filing
Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 06, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.