Littelfuse Inc

F:LFS

Beat and raise: Littelfuse reported second-quarter sales of $739 million, up 20% year over year, with adjusted EPS of $4.19 and margin expansion, both above expectations.

Broad demand: Management said growth was broad-based across data center, industrial, transportation, medical, aerospace and defense, with consumer electronics still weak but less than 10% of sales.

Record bookings: Bookings were described as a company-wide record, with book-to-bill “well north of 1.0,” supporting confidence in a strong second half.

Guidance up: Third-quarter sales guidance is $780 million to $800 million and adjusted EPS guidance is $4.85 to $5.05, implying continued strong growth.

Basler ahead: The Basler acquisition is performing ahead of plan, and full-year 2026 revenue contribution is now expected to be $135 million to $140 million, above prior outlook.

Portfolio shift: Littelfuse is sharpening its power semiconductor strategy, including the planned Allen, Texas facility closure in 2027, which management said should improve profitability later in 2027.