Reuters | Circuit protection products maker Littelfuse Inc.
raised its second-quarter outlook as electronics demand continued to
grow, but said third-quarter sales would be hit by $2 million to $3
million due to lower production at its Taiwan facility. Equipment
failure caused a fire in a limited area at its factory in Taiwan that
was brought under control, the company said.

“Production has resumed, but we will be operating this facility below full capacity for a few months,” Chief Executive Gordon Hunter said in a statement.

The company — whose customers include Ford Motor Co., Hewlett-Packard Co. and Dow Chemical Co., makes products that are used in automobiles, computers, consumer electronics products, and industrial equipment.

The company raised its second-quarter earnings outlook to 78 cents to 88 cents a share, up from its prior view of 69 cents to 77 cents a share.

It now expects revenue of $155 million to $160 million. The company had previously forecast revenue of $148 million to $153 million.

For the second quarter, analysts on average were expecting earnings of 74 cents a share, on revenue of $150.9 million, according to Thomson Reuters I/B/E/S. They expect the company to report a revenue of $152.7 million for the third quarter.

Shares of the company closed at $31.56 Thursday on Nasdaq.