Vishay Intertechnology Inc. on Monday raised its revenue forecast for the fourth quarter as demand picked up at both its semiconductors and electronic components divisions.
Vishay expects revenue of $580 million to $600 million for the three months ending in December, up from a previous forecast of $530 million to $570 million.
Analysts polled by Thomson Reuters expect revenue of $557.9 million.
Shares of Vishay finished Friday's trading at $7.54.
