Vishay Precision Group, Inc. VPG today announced results for the fourth quarter ended December 31, 2010. VPG was spun-off from Vishay Intertechnology VSH as an independent publicly traded company on July 6, 2010 and began trading on the New York Stock Exchange on July 7, 2010.
Revenues for the fourth quarter of 2010 were $54.8 million, a 17% increase over the prior year period
Gross margins were 38.2% for the fourth quarter of 2010 compared to 32.0% in the prior year period
Net earnings were $3.3 million, or $0.24 per diluted share compared to $0.7 million, or $0.05 per diluted share in the prior year period
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