Vishay Intertechnology (VSH) reported a fiscal Q1 adjusted loss Wednesday of $0.03 per diluted share, swinging from adjusted earnings of $0.22 a year earlier.

Three analysts polled by FactSet expected a loss of $0.01.

Revenue for the quarter ended March 29 was $715.2 million, down from $746.3 million a year earlier.

Three analysts surveyed by FactSet expected $716.2 million.

The company said it expects fiscal Q2 revenue of $760 million, plus or minus $20 million. Analysts polled by FactSet expect $748.8 million.

Shares of the company were down more than 1% in recent premarket activity.