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Vishay Intertechnology Ups 4Q Revenue Forecast

Company raised its revenue forecast for the fourth quarter as demand picked up at both its semiconductors and electronic components divisions.

MALVERN, Pa. (AP) -- 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.