Littelfuse IncLittelfuse guides Q3 net sales above expectations, raises Basler outlook, and increases dividend.
Littelfuse expects third-quarter net sales in the range of $780 million to $800 million, supported by record bookings and a book-to-bill ratio well north of 1.0. The company also raised its 2026 revenue outlook for the Basler acquisition to approximately $135 million to $140 million, with an increased full-year earnings contribution of $0.25 to $0.30 per share. Second-quarter net sales reached $739 million, up 20% year-over-year and 14% organically, while adjusted diluted earnings per share came in at $4.19. Adjusted EBITDA margin improved to 23.6%, and the quarterly dividend was increased by 7% to $0.80 per share. Management highlighted broad-based momentum, double-digit design win growth across markets, and a faster-than-expected recovery in HVAC demand.
Littelfuse IncLittelfuse guides Q3 net sales above expectations, raises Basler outlook, and increases dividend.
Basler AGLittelfuse raised Basler's 2026 revenue and earnings outlook, indicating improved performance.