Littelfuse (NASDAQ:LFUS) Issues 1Q18 Earnings Results; Tops Street View

Littelfuse (NASDAQ:LFUS) revealed net income for the first quarter of $ 36.03 million or $ 1.45 per share, compared to income of $ 38.89 million or $ 1.69 per share, in the year-ago period.

On adjusted basis, LFUS reported income of $ 2.39 per share.

Headquartered in Chicago, Illinois, the company disclosed, net sales that reached $ 417.81 million, rose 46% from $ 285.44 million a year ago.

The consensus estimates from Thomson Reuters are income of $ 1.81 per share from $ 391.49 million in revenue.

Dave Heinzmann, CEO, said, We continued our momentum with an exceptional start to 2018, With our focus on the secular trends of a safer, greener and increasingly connected world, and consistent operational performance, we delivered sales and adjusted earnings that meaningfully exceeded our guidance.

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