Welcome to our dedicated page for Belden news (Ticker: BDC), a resource for investors and traders seeking the latest updates and insights on Belden stock.
Belden Inc. (BDC) is a globally recognized leader in high-quality, end-to-end signal transmission solutions. The company offers a comprehensive product portfolio designed to meet the mission-critical network infrastructure needs of industrial, enterprise, and broadcast markets. With a focus on the reliable and secure transmission of data, audio, and video, Belden is at the forefront of the global transformation to a connected world.
Belden Inc. operates in two distinct segments: Enterprise Solutions and Industrial Solutions. The Enterprise Solutions segment specializes in network infrastructure and cabling and connectivity solutions for commercial audio/video and security applications. Meanwhile, the Industrial Solutions segment provides high-performance networking components and machine connectivity products, catering to the rigorous demands of industrial environments.
The company serves a diverse clientele, including distributors, end-users, installers, and original equipment manufacturers. Belden's extensive presence spans across the Americas, EMEA (Europe, Middle East, and Africa), and APAC (Asia-Pacific) regions, with the majority of its revenue generated from the Americas.
Belden continues to innovate and expand its offerings to accommodate the rapidly growing demand for data transmission solutions. Recent achievements include advancements in network security and the introduction of new, cutting-edge products designed to enhance connectivity and performance. The company's commitment to quality and innovation ensures that it remains a key player in the global signal transmission industry.
Stay updated with the latest developments from Belden Inc. as it leads the way in creating connected, efficient, and secure network environments.
Belden (NYSE: BDC) has announced that its Board of Directors has declared a quarterly dividend of $0.05 per share for common stock holders. The dividend will be paid on January 9, 2025, to shareholders who are on record as of December 12, 2024.
Belden Inc. (NYSE: BDC) has introduced new network and data infrastructure products focused on secure connectivity solutions. The launch includes the Hirschmann EAGLE40-6M train firewalls for railway applications, OpEdge-4D industrial edge gateways for process manufacturing, ProSoft ProLinx Edge™ Mini Radios with Wi-Fi 6 capabilities, and DataTuff® Cat6A industrial copper ethernet cables.
The products feature enhanced security measures, including deep packet inspection for train communications, hazardous location approvals, and hitless roaming capabilities under 100 milliseconds. The company also introduced CloudRail software for OT-to-Cloud connectivity, enabling seamless data flow between edge devices and cloud platforms.
Belden (NYSE: BDC) reported Q3 2024 results with revenues of $655 million, up 4% year-over-year but down 2% organically. GAAP EPS was $1.30, down 24% y/y, while adjusted EPS reached $1.70, down 4% y/y. The company executed $20 million in share repurchases during Q3, totaling $115 million year-to-date. Orders improved 8% sequentially and 28% y/y. For Q4 2024, Belden expects revenues between $645-660 million and adjusted EPS of $1.62-1.72. The company's Automation Solutions segment declined 3% while Smart Infrastructure Solutions decreased 1% organically.
Belden Inc. (NYSE: BDC), a leading global supplier of network infrastructure solutions, has announced it will report its fiscal third quarter 2024 results on Thursday, October 31, 2024, before trading begins. The company will host a conference call at 8:30 a.m. Eastern Time to discuss the results.
Investors can access the live webcast and presentation materials through Belden's corporate website at https://investor.belden.com. To participate in the live teleconference, dial 1-888-394-8218 with confirmation code 7788069. A replay of the conference call will be available on the company's website for a time.
Belden Inc. (NYSE: BDC) has introduced new LioN-Safety I/O Modules to enhance functional safety in highly automated industrial operations. These modules, part of the Lumberg Automation LioN family, streamline the transmission of safety and non-safety data over existing networks. Key features include:
1. Support for PROFIsafe protocol, with CIP Safety expected in Q4 2024
2. Easy integration into PLC engineering tools
3. Flexibility to connect safety and non-safety I/Os, and IO-Link signals
4. TÜV Rheinland-certification up to SIL 3, Cat 4, and PLe
5. Compact, ruggedized design for harsh environments
The modules are designed for industries such as automotive manufacturing, consumer packaged goods, machine building, metals, and logistics.
Belden Inc. (NYSE: BDC) has received six Gold Honoree awards at the 2024 Cabling Installation & Maintenance Innovators Awards program. The recognized products include:
- Indoor/Outdoor Plenum Stadium Cables & Connectivity
- FX ECX Wall-Mount Fiber Enclosure
- DuetConnect Hybrid Termination Box
- RemoteIP Cables
- Enhancing Patient Experiences Showcase
- OptiTuff Connectivity & Cable Management
These innovations address various needs in network infrastructure, from sports venues to healthcare facilities. The awards highlight Belden's commitment to developing innovative solutions for efficient cable installation, improved connectivity, and enhanced user experiences across different industries.
Belden has launched new Lumberg Automation M12 Inner Push Pull Connectors conforming to IEC 61076-2-010 standard. These connectors offer a secure, fast-locking contacting method ideal for harsh environments, preventing accidental disconnects that cause downtime or safety hazards. Key benefits include:
- Secure contact without tools, even in tight spaces
- Up to 80% reduction in installation time
- Exceptional ingress protection and vibration resistance
Available in X-coded, D-coded, and A-coded variants, these connectors are suitable for various industrial and transportation applications, including railway rolling stock, harbors, intralogistics, and automation environments.
Belden Inc. (NYSE: BDC) hosted its 2024 Investor Day, unveiling its Solutions Transformation Strategy and long-term financial framework through 2028. The company aims for mid-single-digit annual revenue growth, 10% to 12% annual Adjusted EPS growth, and free cash flow margin approaching 10%. Belden announced a new $300 million share repurchase authorization, bringing the total to $415 million.
CEO Ashish Chand expressed confidence in achieving the $8.00 Adjusted EPS target for 2025, despite recent destocking headwinds. The company also renamed its segments to Automation Solutions and Smart Infrastructure Solutions, reflecting its focus on data infrastructure solutions.
Belden Inc. (NYSE: BDC) has announced an integration of its CloudRail software with AWS IoT SiteWise, streamlining the connection of industrial assets to Amazon Web Services cloud. This collaboration combines AWS' data services with CloudRail's protocol management software, offering a complete data solution for both brownfield and greenfield data acquisition.
Key benefits include accelerated time-to-value, simplified edge-to-cloud data flow, scalable device management, and broad asset support. The integration allows customers to connect industrial assets and sensors to AWS cloud using CloudRail's capabilities, which streamline data discovery, acquisition, and normalization from industrial environments.
The setup process is simplified, with users able to add CloudRail as a data source for their IoT SiteWise Edge gateway via the AWS Console. This integration is now available to customers, marking the latest collaboration between Belden and AWS.
Belden Inc. (NYSE: BDC) has introduced new products designed for secure, high-quality performance in critical applications. These include:
- LSZH Cca-Rated OSDP Cables for reliable security and access control systems
- NewGen Multi-Conductor & Pair LSZH Cables with enhanced flame ratings
- EN/IEC-Rated Classics/Electronics Cables with LSZH jackets for fire resistance
- PROVIZE Suite with new features for network planning and configuration
- Hirschmann EAGLE40-4F Industrial Firewalls for advanced cybersecurity
- ProSoft Technology FOUNDATION Fieldbus FF Links for connecting FF H1 devices to EtherNet/IP controllers
These products aim to promote safety and security while maintaining mission-critical performance across various industries.
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