MALVERN, Pa. (AP) 鈥� MALVERN, Pa. (AP) 鈥� Vishay Intertechnology Inc. (VSH) on Wednesday reported second-quarter net income of $28.1 million.
On a per-share basis, the Malvern, Pennsylvania-based company said it had net income of 19 cents.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 15 cents per share.
The chipmaker posted revenue of $888.6 million in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $893.4 million.
For the current quarter ending in September, Vishay said it expects revenue in the range of $945 million to $975 million.
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