Company profile

Ticker
VSH
Exchange
CEO
Gerald Walter Paul
Employees
Incorporated in
Location
Fiscal year end
SEC CIK
IRS number
381686453

VSH stock data

(
)

Calendar

31 Jul 19
23 Oct 19
31 Dec 19

News

Company financial data Financial data

Quarter (USD) Mar 19 Dec 18 Sep 18 Jun 18
Revenue 745.16M 775.89M 780.97M 761.03M
Net income 75.46M 102.42M 77.88M 103.1M
Diluted EPS 0.52 0.69 0.51 0.65
Net profit margin 10.13% 13.20% 9.97% 13.55%
Operating income 107.74M 119.67M 138.1M 123.29M
Net change in cash 63.39M -242.07M -78.95M 167.47M
Cash on hand 749.43M 686.03M 928.11M 1.01B
Cost of revenue 544.68M 533.79M
Annual (USD) Dec 18 Dec 17 Dec 16 Dec 15
Revenue 3.03B 2.6B 2.32B 2.3B
Net income 345.76M -20.34M 48.79M -108.51M
Diluted EPS 2.24 -0.14 0.32 -0.73
Net profit margin 11.39% -0.78% 2.11% -4.72%
Operating income 485.12M 324.01M 197.06M 97.8M
Net change in cash -62M 276.25M -3.73M -116.67M
Cash on hand 686.03M 748.03M 471.78M 475.51M
Cost of revenue 1.9B 1.74B 1.76B

Financial data from company earnings reports

Financial report summary

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Competition
DiodesKemetLittelfuseIxysALPHA & OMEGA SEMICONDUCTORGrow
Management Discussion
  • We experienced a substantial, broad-based increase in demand for our products beginning in the first fiscal quarter of 2017 that continued through the third fiscal quarter of 2018.  Demand started to decrease in the fourth fiscal quarter of 2018 and the decrease has accelerated through the second fiscal quarter of 2019 as distributors have significantly reduced orders as they decrease their inventory.  The decrease in demand resulted in decreased net revenues compared to the prior fiscal quarter and prior year periods.
  • Gross profit margins for the fiscal quarter ended June 29, 2019 were 25.5%%, versus 28.3% and 29.9%, for the comparable prior quarter and prior year period, respectively.  Gross profit margins for the six fiscal months ended June 29, 2019 were 27.0%, versus 29.3% for the comparable prior year period.  The decreases are primarily due to the decreases in sales volume and the impacts of U.S. tariffs on goods imported from China.  We were able to offset the negative impacts of inflation and average selling price decline by cost reductions and innovation.  Contributive margin was negatively impacted by the adaptation of manufacturing capacities in the second fiscal quarter of 2019.
  • Analysis of revenues and gross profit margins for our segments is provided below.
Content analysis ?
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Constraining
Legalese
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Readability
H.S. freshman V bad
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