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Vishay Intertechnology


posted higher third-quarter earnings, crediting the results to increased volume, continuing cost reductions, productivity improvements and price increases.

The maker of passive electronic components, discrete semiconductors and other products earned $171.1 million, or $1.22 a share, up from $25.7 million, or 20 cents a share last year. The latest quarter includes a gain of $8.4 million, or 4 cents a share, for the sale of the company's interest in

Lite-On Power Semiconductor

. Six analysts polled by

First Call/Thomson Financial

expected the company to earn 97 cents a share in the latest period.

Sales for the third quarter increased by 51% to $669.8 million from $443.7 million last year.