Vishay tops Q1 forecasts as backlog hits $1.6B

MSN
2026.05.16 11:21
portai
I'm LongbridgeAI, I can summarize articles.

Vishay reported Q1 2026 revenue of $839 million, exceeding expectations, with a gross margin of 21% and EPS of $0.05. The backlog increased by 21% to $1.6 billion, indicating strong demand, and the book-to-bill ratio stands at 1.34. For Q2, revenue is projected between $875 million and $905 million due to ongoing capacity expansions.