Vishay Intertechnology reports Q4 FY2023 revenue down 8.2% YoY to $785.2M, slightly missing Q1 guidance of $735M.

Vishay Intertechnology, a semiconductor manufacturer, reported Q4 FY2023 results in line with expectations, with a year-on-year revenue decrease of 8.2% to $785.2 million. However, analysts had anticipated a quarterly guidance of $735 million for the next period, which came 5.5% below expectations. Despite a non-GAAP profit of $0.37 per share falling from last year's $0.69, the company remains optimistic about the long-term demand trends of e-mobility, sustainability, and connectivity.

February 07, 2024
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