By Dean Seal
Shares of Vishay Precision Group surged after the company posted big revenue gains and a higher gross margin, narrowing its net loss for the first quarter.
The stock was up 23% at $82.22 on Tuesday. Shares have now doubled since the start of the year.
The maker of high-precision sensors and measurement systems said revenue climbed almost 18% to $84.4 million in the first quarter, with double-digit percentage growth in its sensors and weighing-solutions divisions.
Higher volumes in its sensors business also boosted gross margins. The company narrowed its quarterly loss to 2 cents a share from 7 cents a share a year earlier. Adjusted earnings hit 7 cents a share.
Write to Dean at dean.seal@wsj.com
(END) Dow Jones Newswires
May 12, 2026 12:01 ET (16:01 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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