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MA Littelfuse Expertise Applied | Answers Delivered Littelfuse Reports Third Quarter Results For 2021 October 26 , 2021 Record sales and earnings driven by strong business fundamentals CHICAGO -- ( BUSINESS WIRE ) -- Oct . 26 , 2021-- Littelfuse , Inc. ( NASDAQ : LFUS ) , an industrial technology manufacturing company empowering a sustainable , connected , and safer world , today reported financial results for the third quarter ended September 25 , 2021 : • Net sales of $ 539.6 million primarily driven by stronger than expected demand across the electronics segment • GAAP operating margin was 22.3 % ; adjusted operating margin was 22.8 % • GAAP diluted EPS of $ 3.69 and adjusted diluted EPS of $ 3.95 • Cash flow from operations was $ 114.3 million and free cash flow was $ 89.4 million • On October 20 , the company announced it has entered into a definitive agreement to acquire Carling Technologies , Inc. , a global leader in switching , circuit protection , and power distribution technologies with a strong presence in commercial vehicle and telecom infrastructure markets ; the company has annualized sales of approximately $ 170 million " Our ability to effectively execute within this challenging environment enabled us to deliver a quarter of outstanding performance , " said Dave Heinzmann , Littelfuse President and Chief Executive Officer . " Across our global footprint , our highly skilled teams are continuously improving our operations to meet customer demand , and our results reflect their commitment and hard work . We also made further progress on our growth strategy and are excited to welcome Carling Technologies employees to the Littelfuse team . As we near the end of a challenging 2021 , we are poised to achieve significant sales and earnings growth this year , and remain well - positioned to deliver ongoing superior value for our stakeholders . " Fourth Quarter of 2021 * For the fourth quarter , the company expects net sales in the range of $ 503 to $ 517 million and adjusted diluted EPS in the range of $ 2.80 to $ 2.96 . * Littelfuse provides guidance on a non - GAAP ( adjusted ) basis . GAAP items excluded from guidance may include the after - tax impact of items including acquisition and integration costs , restructuring , impairment and other charges , certain purchase accounting adjustments , non - operating foreign exchange adjustments and significant and unusual items . These items are uncertain , depend on various factors , and could be material to results computed in accordance with GAAP . Littelfuse is not able to forecast the excluded items in order to provide the most directly comparable GAAP financial measure without unreasonable efforts . Dividend • The company will pay a cash dividend on its common stock of $ 0.53 per share on December 2 , 2021 to shareholders of record as of November 18 , 2021 Conference Call and Webcast Information Littelfuse will host a conference call on Wednesday , October 27 , 2021 , at 9:00 a.m. Central Time to discuss the results . The call will be broadcast and available for replay at Littelfuse.com . A slide presentation is available in the Investor Relations section of the company's website at Littelfuse.com . About Littelfuse Littelfuse ( NASDAQ : LFUS ) is an industrial technology manufacturing company empowering a sustainable , connected , and safer world . Across more than 15 countries , and with 12,000 global associates , we partner with customers to design and deliver innovative , reliable solutions . Serving over 100,000 end customers , our products are found in a variety of industrial , transportation and electronics end markets - everywhere , every day . Learn more at Littelfuse.com . " Safe Harbor " Statement under the Private Securities Litigation Reform Act of 1995 The statements in this press release that are not historical facts are intended to constitute " forward - looking statements " entitled to the safe - harbor provisions of the Private Securities Litigation Reform Act . These statements may involve risks and uncertainties , including , but not limited to , risks and uncertainties relating to general economic conditions ; the severity and duration of the COVID - 19 pandemic and the measures taken in response thereto and the effects of those items on the company's business ; product demand and market acceptance ; the impact of competitive products and