Vishay Precision Group, Inc. (VPG), a leader in precision measurement and sensing technologies, announced its fiscal 2025 second quarter results, which ended on June 28, 2025. The company reported net revenues of $75.2 million, marking a 2.8% decrease compared to the same period in the previous year. The gross profit margin stood at 40.7%, down from 41.9% a year ago, while the adjusted gross profit margin slightly decreased to 41.0% from 41.9%. Net earnings attributable to VPG stockholders amounted to $0.3 million, or $0.02 per diluted share, showing a significant decline from $4.6 million, or $0.34 per diluted share, in the second fiscal quarter of 2024. The adjusted diluted net earnings per share were $0.17, compared to $0.31 in the prior year. The company's operating margin was reported at 3.6%, a decrease from 7.6% in the previous year, with the adjusted operating margin at 4.8%, down from 7.6%. EBITDA was $5.2 million, representing an EBITDA margin of 7.0%, while adjusted EBITDA was $7.9 million with an adjusted EBITDA margin of 10.5%. CEO Ziv Shoshani highlighted the positive sequential trends, noting a 4.8% increase in sales from the previous quarter and a 7.5% growth in total orders, achieving a book-to-bill ratio of 1.06. The company also reported cash from operating activities of $6.0 million and adjusted free cash flow of $4.7 million. In a move to reduce costs, VPG completed the sale of a building in July 2025, using the $10.8 million in net proceeds to pay down its outstanding bank revolver balance, which is expected to save approximately $700 thousand in annual interest expense.
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