Vishay Intertechnology raises 4Q revenue forecast

AP News
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Posted: Dec 21, 2009 9:17 AM

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.