芝加哥，2024年1月30日
—
Littelfuse公司
(NASDAQ: LFUS), an industrial technology manufacturing company empowering a sustainable, connected, and safer world, today reported financial results for the fourth quarter and full year ended December 30, 2023:
Fourth Quarter 2023 Results
- Net sales of $533.8 million were down 13% versus the prior year period, and down 14.5% organically
- GAAP diluted EPS was $1.71; adjusted diluted EPS was $2.02
- Cash flow from operations was $144 million and free cash flow was $121 million
Full Year 2023 Results
- Net sales of $2.4 billion were down 6% versus the prior year period, and down 10.3% organically
- GAAP diluted EPS was $10.34; adjusted diluted EPS was $11.74
- Cash flow from operations was $457 million and free cash flow was $371 million, both records for the company
"Our fourth quarter results tracked within our guidance range as we continued to execute on our long-term strategy," said Dave Heinzmann, Littelfuse President and Chief Executive Officer. "In 2023, our global teams focused on driving sustainable growth and profitability while delivering record free cash flow and resilient margins despite continued inventory destocking and variable end market demand. Looking forward, we expect a return to growth during 2024 and believe our portfolio diversification and optimization efforts, strong technology offering across end markets and well positioned cost structure, will drive continued and long-term top-tier value for our stakeholders."
First Quarter of 2024*
Based on current market conditions, for the first quarter the company expects,
- Net sales in the range of $505 to $530 million, adjusted diluted EPS in the range of $1.65 to $1.85 and an adjusted effective tax rate of approximately 20.5%
*Littelfuse provides guidance on a non-GAAP (adjusted) basis. GAAP items excluded from guidance may include the after-tax impact of items including acquisition and integration costs, restructuring, impairment and other charges, certain purchase accounting adjustments, non-operating foreign exchange adjustments and significant and unusual items. These items are uncertain, depend on various factors, and could be material to results computed in accordance with GAAP. Littelfuse is not able to forecast the excluded items in order to provide the most directly comparable GAAP financial measure without unreasonable efforts.
股息红利
- The company will pay a cash dividend on its common stock of $0.65 per share on March 7, 2024, to shareholders of record as of February 22, 2024
电话会议和网络直播信息
Littelfuse will host a conference call on Wednesday, January 31, 2024, at 9:00 a.m. Central Time to discuss the results. The call will be broadcast and available for replay at Littelfuse.com. A slide presentation is available in the Investor Relations section of the company’s website at Littelfuse.com.
关于Littelfuse
Littelfuse (NASDAQ: LFUS) 是一家多元化的工业技术制造公司，致力于为可持续发展、互联互通和更安全的世界提供动力。 凭借覆盖超过20个国家的业务和约17,000名全球员工，我们与客户合作，设计和交付创新、可靠的解决方案。 服务于超过100,000家最终客户，我们的产品每天应用于世界各地的各种工业、运输和电子终端市场。 详情请访问 Littelfuse.com。
View source version here: Littelfuse Reports Fourth Quarter and Full Year Results for 2023 | Business Wire
David L. Kelley
224-727-2535
dkelley@littelfuse.com
Source: Littelfuse, Inc.