Vishay Precision Group, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2018. For the quarter, the company reported net revenues of $74,231,000 against $62,319,000 a year ago. Operating income was $11,315,000 against $5,853,000 a year ago. Income before taxes was $10,565,000 against $4,814,000 a year ago. Net earnings were $7,683,000 against $3,616,000 a year ago. Net earnings attributable to the company were $7,693,000 or $0.57 per basic and diluted share against $3,619,000 or $0.27 per basic and diluted share a year ago. Adjusted operating income was $11,376,000 against $6,168,000 a year ago. Adjusted net earnings attributable to the company were $7,745,000 or $0.57 per diluted share against $3,921,000 or $0.29 per diluted share a year ago.

For the six months, the company reported net revenues of $147,322,000 against $122,106,000 a year ago. Operating income was $19,501,000 against $9,798,000 a year ago. Income before taxes was $17,660,000 against $7,778,000 a year ago. Net earnings were $12,641,000 against $5,619,000 a year ago. Net earnings attributable to the company were $12,681,000 or $0.94 per diluted share against $5,614,000 or $0.42 per basic and diluted share a year ago. Net cash provided by operating activities was $7,367,000 against $7,331,000 a year ago. Capital expenditures were $6,134,000 against $3,146,000 a year ago. Adjusted operating income was $19,562,000 against $10,667,000 a year ago. Adjusted net earnings attributable to the company were $12,733,000 or $0.94 per diluted share against $6,427,000 or $0.48 per diluted share a year ago.

The company expected net revenues in the range of $70 million to $77 million for the third fiscal quarter of 2018.

The company anticipated that the operational tax rate for the year 2018 will be in a range of 28% to 30%.