Vishay Intertechnology Files 8-K on Financials
Ticker: VSH · Form: 8-K · Filed: Feb 5, 2025 · CIK: 103730
| Field | Detail |
|---|---|
| Company | Vishay Intertechnology Inc (VSH) |
| Form Type | 8-K |
| Filed Date | Feb 5, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.10, $66.5 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-reporting, results-of-operations, impairments
TL;DR
Vishay Intertechnology filed an 8-K on Feb 5, 2025, covering financial results and impairments.
AI Summary
Vishay Intertechnology, Inc. filed an 8-K on February 5, 2025, reporting on its Results of Operations and Financial Condition, Material Impairments, and Financial Statements and Exhibits. The filing does not contain specific financial figures or details regarding impairments in the provided text.
Why It Matters
This filing indicates Vishay Intertechnology is providing updates on its financial performance and any significant asset impairments, which are crucial for investors to assess the company's health.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of financial information and does not inherently present new risks.
Key Players & Entities
- Vishay Intertechnology, Inc. (company) — Registrant
- February 5, 2025 (date) — Filing Date
- Delaware (jurisdiction) — State of Incorporation
- 38-1686453 (identifier) — I.R.S. Employer Identification Number
- 63 Lancaster Avenue Malvern, PA 19355 (address) — Principal Executive Offices
- 610 - 644-1300 (phone_number) — Registrant's telephone number
FAQ
What specific financial results are being reported in this 8-K?
The filing indicates 'Results of Operations and Financial Condition' are being reported, but specific figures are not detailed in the provided text.
Are there any material impairments being disclosed?
Yes, 'Material Impairments' is listed as an item information, suggesting such disclosures are included, though details are not in the provided text.
What is the filing date of this 8-K?
The filing date is February 5, 2025.
What is the principal business address of Vishay Intertechnology, Inc.?
The principal executive offices are located at 63 Lancaster Avenue, Malvern, PA 19355.
Under which section of the Securities Exchange Act is this report filed?
This Form 8-K is filed pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934.
Filing Stats: 567 words · 2 min read · ~2 pages · Grade level 11.3 · Accepted 2025-02-05 07:22:27
Key Financial Figures
- $0.10 — ich registered Common stock, par value $0.10 per share VSH New York Stock Exchan
- $66.5 million — non-cash goodwill impairment charge of $66.5 million to write-off the goodwill of its MOSFET
Filing Documents
- form8-k.htm (8-K) — 31KB
- exhibit99-1.htm (EX-99.1) — 549KB
- 0000103730-25-000006.txt ( ) — 737KB
- vsh-20250205.xsd (EX-101.SCH) — 4KB
- vsh-20250205_lab.xml (EX-101.LAB) — 21KB
- vsh-20250205_pre.xml (EX-101.PRE) — 16KB
- form8-k_htm.xml (XML) — 4KB
02 – Results of Operations and Financial Condition
Item 2.02 – Results of Operations and Financial Condition On February 5, 2025, Vishay Intertechnology, Inc. ("the Company") issued a press release announcing its financial results for the fiscal quarter and year ended December 31, 2024. A copy of the press release is attached as Exhibit 99.1 to this report.
06 – Material Impairments
Item 2.06 – Material Impairments In connection with its preparation of financial statements for the fiscal quarter and year ended December 31, 2024, the Company determined that an interim goodwill impairment test was required as of the end of the fourth fiscal quarter of 2024 for the MOSFETs reporting unit. Prior to completing the interim assessment of goodwill for impairment, the Company performed a recoverability test of certain depreciable and amortizable long-lived assets within the MOSFETs reporting unit. As a result of those assessments, the Company recorded a non-cash goodwill impairment charge of $66.5 million to write-off the goodwill of its MOSFETs reporting unit. There was no impairment identified for the depreciable and amortizable long-lived assets tested for recoverability. Further information about the impairment charge will be provided in the Company's Annual Report on Form 10-K.
01 – Financial Statements and Exhibits
Item 9.01 – Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 99.1 Press release dated February 5, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). Signature Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: February 5, 2025 VISHAY INTERTECHNOLOGY, INC. By: /s/ David L. Tomlinson Name: David L. Tomlinson Title: Senior Vice President – Chief Accounting Officer