Bel Fuse

Bel Fuse, Inc. engages in the design, manufacture, and marketing of products that power, protect, and connect electronic circuits. It operates through the following segments: Cinch Connectivity Solutions, Power Solutions and Protection, Magnetic Solutions, and Corporate. The company was founded by Elliot Bernstein in 1949 and is headquartered in Jersey City, NJ.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Bel Fuse (BELFB) achieves record-breaking 2022 performance, eyes growth in aerospace and e-mobility

Bel Fuse (BELFB) concluded a record-breaking year with strong financial performance in 2022, focusing on margin improvement and operational restructuring. The company aims to address challenges like supply chain disruptions and inflationary pressures while capitalizing on growth prospects in key markets for 2023.

Bel Fuse achieves record Q1 performance, eyes military and aerospace growth

Bel Fuse delivered a standout Q1 performance with record sales and profitability, setting a strong foundation for the year ahead. Despite challenges in the Magnetic group, the company's strategic initiatives and focus on key growth areas bode well for continued success. With an optimistic outlook and proactive market approach, Bel Fuse is poised for further growth and expansion.

Bel Fuse reports strong Q2 sales growth and margin improvement

Bel Fuse delivered a solid performance with notable sales growth in key segments and continued gross margin improvement.
While facing challenges such as declining sales in Magnetic Solutions and increased SG&A expenses, the company maintains financial stability.
Opportunities lie in leveraging strong sales performance, focusing on operational efficiency, and capitalizing on the backlog for future growth.
Overall, Bel Fuse's strategic initiatives position it well for navigating challenges and seizing opportunities in the evolving market landscape.

Bel Fuse (BELFB) reports robust Q3 earnings and strategic growth outlook

Bel Fuse (BELFB) delivered a strong performance in Q3 2023, showcasing growth and improved profitability across key product segments.
The company's focus on operational efficiency, cash management, and sales guidance for Q4 reflects a proactive and strategic approach.
While facing challenges in certain product groups, Bel Fuse has opportunities to capitalize on market expansion and optimize profitability.
Overall, Bel Fuse's Q3 earnings call highlights a resilient business outlook with a solid foundation for future growth and success.

Bel Fuse reports record cash flow and strategic growth plans

Bel Fuse's 75th year in business marked by improved profitability and efficiency gains. Despite challenges in certain segments, the company maintains a strong cash position and strategic focus on niche markets. Uncertainty persists regarding the timing of a rebound, but Bel Fuse remains optimistic about future growth.

Bel Fuse reports mixed Q1 results, eyes growth in space

Bel Fuse's Q1 performance showed mixed results with strong margins offsetting segment softness. Challenges include inventory issues and sales decline in certain segments. The company is focusing on growth opportunities in space and new product development to drive future performance.

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Bel Fuse, Inc. engages in the design, manufacture, and marketing of products that power, protect, and connect electronic circuits. It operates through the following segments: Cinch Connectivity Solutions, Power Solutions and Protection, Magnetic Solutions, and Corporate. The company was founded by Elliot Bernstein in 1949 and is headquartered in West Orange, NJ.

JERSEY CITY, N.J., Feb.  25, 2020  (GLOBE NEWSWIRE) -- BEL FUSE INC. (NASDAQ:BELFA) and (NASDAQ:BELFB) today announced that its Board of Directors has declared regular quarterly cash dividends of $0.06 per share on the Company's Class A common shares and $0.07 per share on the Company's Class B common shares.

Bel Fuse Inc. Announces  Regular Quarterly Cash Dividend on its Class A and Class B Shares

Bel Fuse's (BELFB) CEO Dan Bernstein on Q4 2019 Results - Earnings Call Transcript

JERSEY CITY, N.J., Feb.  19, 2020  (GLOBE NEWSWIRE) -- Bel Fuse Inc. (“Bel,” or the Company”) (Nasdaq:BELFA and Nasdaq:BELFB), a leading supplier of products that power, protect and connect electronic circuits, today announced that Thomas E. Dooley and Dr. Rita Smith have been appointed to Bel’s Board of Directors.  Bel also announced that Robert H. Simandl and Norman Yeung have retired from Bel’s board effective today.  Mr. Simandl served on Bel’s board since 1967 and was additionally a committee member on Bel’s Executive and Nominating committees.  Mr. Yeung was a member of Bel’s board since 2013.

Bel Appoints Thomas E. Dooley and Dr.

JERSEY CITY, N.J., Dec.  03, 2019  (GLOBE NEWSWIRE) -- Bel Fuse Inc. (“Bel,” or, “the Company”) (Nasdaq:BELFA and Nasdaq:BELFB), a leading supplier of products that power, protect and connect electronic circuits, today announced that the Company has closed on its previously-announced asset purchase agreement (the “Agreement”) with CUI Global Inc. (Nasdaq:CUI) related to the purchase of the majority of the power business of CUI Inc.

Bel Closes on Acquisition of CUI Inc. Power Assets

JERSEY CITY, N.J., Nov.  11, 2019  (GLOBE NEWSWIRE) -- Bel Fuse Inc. (“Bel,” or, “the Company”) (Nasdaq:BELFA and Nasdaq:BELFB), a leading supplier of products that power, protect and connect electronic circuits, today announced that the Company has entered into an asset purchase agreement (the “Agreement”) with CUI Global Inc. (Nasdaq:CUI), in which CUI will sell the majority of its Power business (the “CUI Power Business”) to Bel for $32.0 million, plus the assumption of certain liabilities and subject to closing working capital adjustments. 

Bel Announces Agreement to Purchase CUI Power Assets

Bel Fuse Inc. (BELFB) CEO Dan Bernstein on Q3 2019 Results - Earnings Call Transcript

JERSEY CITY, N.J., Oct.  30, 2019  (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB) today announced preliminary financial results for the third quarter of 2019.

Bel Reports Third Quarter 2019 Results

Bel Fuse Inc. (BELFB) CEO Dan Bernstein on Q2 2019 Results - Earnings Call Transcript

Bel Fuse, Inc. (BELFB) CEO Dan Bernstein on Q1 2019 Results - Earnings Call Transcript

News for Bel Fuse Stock (BELFB)