Littelfuse Inc. Reports Earnings Results for the Fourth Quarter Ended December 29, 2018
January 30, 2019 at 11:00 am
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Littelfuse Inc. announced earnings results for the fourth quarter ended December 29, 2018. For the fourth quarter, the company announced sales was USD 402.281 million compared to USD 304.849 million a year ago. Operating income was USD 51.628 million compared to USD 50.780 million a year ago. Net income was USD 32.665 million compared to net loss of USD 10.819 million a year ago. Basic earnings per share was USD 1.31 compared to basic loss per share of USD 0.48 a year ago. Diluted earnings per share was USD 1.29 compared to diluted loss per share of USD 0.48 a year ago. For the full year, sales was USD 1,718.468 million compared to USD 1,221.534 million a year ago. Operating income was USD 225.049 million compared to USD 218.511 million a year ago. Net income was USD 164.565 million compared to USD 119.519 million a year ago. Basic earnings per share was USD 6.62 compared to USD 5.27 a year ago. Diluted earnings per share was USD 6.52 compared to USD 5.21 a year ago.
Littelfuse, Inc. is an industrial technology manufacturing company. It designs, manufactures, and sells electronic components, modules, and subassemblies throughout the world. Its segments include Electronics, Transportation and Industrial. Its Electronics segment consists of product offerings in the industry, including fuses and fuse accessories, positive temperature coefficient (PTC) resettable fuses and polymer electrostatic discharge (ESD); semiconductor products, such as discrete transient voltage suppressor (TVS) diodes, silicon and silicon carbide metal-oxide-semiconductor field effect transistors and diodes, and insulated gate bipolar transistors (IGBT) technologies. Its Transportation segment consists of circuit protection, power control and sensing technologies for global original equipment manufacturers. Its Industrial Segment consists of industrial circuit protection (industrial fuse), industrial controls (protection relay, contactors, transformers) and temperature sensors.