Vishay Intertechnology Reports Q2 and Six‑Month FY2026 Results

What Happened

• On August 5, 2026, Vishay Intertechnology, Inc. filed Form 8-K attaching a press release (Exhibit 99.1) announcing its financial results for the fiscal quarter and the six fiscal months ended July 4, 2026. The filing also includes Regulation FD disclosure that provides detailed computational guidance on diluted earnings per share (EPS) and estimates of shares expected to be used in diluted EPS for the third fiscal quarter of 2026.

Key Details

• Press release dated August 5, 2026 attached as Exhibit 99.1 announcing quarterly and six‑month results (numbers are in the press release).
• Shares outstanding: approximately 153 million shares issued and outstanding (common + class B).
• Restricted stock units: generally add less than 5 million incremental shares to diluted EPS.
• Convertible Senior Notes due 2030: $750 million principal outstanding; conversion feature equals 33.1609 shares per $1,000 principal and a conversion price of $30.16 per $1,000. Vishay will include the notes in diluted EPS using the “if converted” method (with no interest adjustment); the company provided the formula for calculating shares from the notes: S = [750,000,000 / 1,000] * [(P − 30.16) * 33.1609] / P Projected diluted shares (millions) for various average stock prices:
  • Avg price < $30.16: 157
  • $35.00: 161
  • $40.00: 164
  • $45.00: 166
  • $50.00: 168
  • $55.00: 169
  • $60.00: 170
  • $65.00: 171
• Estimates assume no share or convertible debt repurchases during Q3 2026; figures are unaudited and subject to change.

Why It Matters

• The filing alerts investors that diluted EPS can be materially affected by the company’s average stock price, restricted stock units, and the potential conversion impact of the $750M 2030 notes. As the average share price rises above the conversion threshold, more shares are included in diluted EPS, which can reduce reported EPS even if net earnings stay the same.
• These share-count estimates are not a forecast of EPS or stock price and assume no repurchases; any change in assumptions, activity, or accounting could materially change diluted EPS calculations. Investors should review the attached press release for the actual reported revenue and earnings figures.