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The latest update is out from Littelfuse ( (LFUS) ).
Littelfuse reported its financial results for the fourth quarter and full year of 2024, showing a 1% decline in net sales for the quarter and a 7% decrease for the year compared to the previous period. Despite challenging market conditions, the company maintained strong cash conversion and profitability enhancements, positioning itself for expected earnings growth in 2025. The company announced a cash dividend and provided guidance for the first quarter of 2025, indicating steady market performance. Littelfuse continues to focus on operational improvements and market expansion opportunities to drive future growth.
More about Littelfuse
Littelfuse, Inc. is a diversified industrial technology manufacturing company that focuses on providing innovative and reliable solutions to empower a sustainable, connected, and safer world. Operating in over 20 countries with approximately 16,000 global associates, Littelfuse serves more than 100,000 end customers across various industrial, transportation, and electronics markets.
YTD Price Performance: -2.34%
Average Trading Volume: 113,979
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $5.83B
For detailed information about LFUS stock, go to TipRanks’ Stock Analysis page.
