Double-Digit Organic Growth for Littelfuse

Circuit-protection product manufacturer Littelfuse (NASDAQ: LFUS)reported its first-quarter results before the market opened on May 2. A major acquisition that closed in January drove much of the company's revenue growth, but sales grew at a double-digit rate organically as well. The bottom line soared on an adjusted basis, but GAAP (generally accepted accounting principles) earnings were hit by costs and charges related to the acquisition.