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Belden Inc. - BDC STOCK NEWS

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.

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Belden Inc. (NYSE: BDC) reported fiscal Q2 2022 results showing revenues of $667 million, a 16% increase from $576 million in Q2 2021. Net income rose to $59 million with EPS at $1.31, up from $1.00 a year prior. Adjusted EBITDA reached $111 million, a 19% increase. The company raised its 2022 revenue guidance to $2.520 - $2.550 billion, reflecting a 12% to 13% organic growth. Despite anticipating a slight revenue dip in Q3 due to currency fluctuations, Belden remains positive about ongoing strategic initiatives and aims for $8 adjusted EPS by 2025.

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Hayward Holdings has appointed Kevin Maczka as the new Vice President of Investor Relations, bringing over a decade of experience in public company finance. Based in Charlotte, N.C., Maczka will oversee investor relations and advise leadership on shareholder matters. Previously, he held similar roles at Belden and BB&T Capital Markets. Maczka aims to strengthen Hayward's reputation among investors, leveraging his extensive knowledge of equity markets.

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Belden Inc. (NYSE: BDC) will announce its fiscal second quarter results for the period ending July 3, 2022, before trading on August 3, 2022. Management will discuss the results in a conference call at 8:30 a.m. Eastern Time. The audio of the call can be accessed live on the Company’s website. Participants can join the call using the dial-in number 888-394-8218, with confirmation code 1022870. A replay will be available for a limited time. Belden specializes in networking solutions for industrial and enterprise markets, enabling secure data transmission.

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PPC Broadband, a Belden brand, has inaugurated a new design and manufacturing facility in Kochi, India, on June 10, 2022. The 70,000 square-foot plant aims to enhance customer experience and support advanced testing and production for broadband and 5G products.

With over 350 employees, the facility is set to achieve TL9000 2016 Certification in October 2022, qualifying its products for major FTTH and wireless providers.

Belden's leadership emphasizes the facility's role in transforming connectivity infrastructure globally.

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Belden Inc. is set to launch Belden Horizon, an innovative industrial edge solution, in July. Building on the former ProSoft Connect platform, Belden Horizon will offer enhanced secure remote access, edge orchestration, and data monitoring capabilities. This new platform aims to improve operational efficiency in industrial environments, allowing easier management of edge devices while maintaining robust security. Key features include Virtual Lockout-Tagout technology and rugged design, catering to the harsh requirements of industrial settings, further positioning Belden in the evolving IIoT market.

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Belden Inc. (NYSE: BDC) is hosting its Investor Day today from 10:00 am to 1:30 pm ET at the New York Stock Exchange. A live webcast is also available. During the event, CEO Roel Vestjens and CFO Jeremy Parks will outline the company's strategy to enhance shareholder value and unveil new long-term financial targets. Belden reiterates its Q2 2022 revenue guidance of $625 - $640 million and annual revenue expectation of $2.480 - $2.530 billion. Expected Q2 GAAP EPS is $0.98 - $1.08, with adjusted EPS at $1.35 - $1.45.

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Belden Inc. (NYSE: BDC) has released its first-ever environmental, social, and governance (ESG) data, offering insights into its performance from 2019 to 2021. This tearsheet establishes a baseline for Belden's 2025 ESG goals following a 2021 materiality assessment that prioritized issues of significance to the company and its stakeholders. Key areas include emissions, energy management, diversity, and ethical practices. Belden aims to enhance its commitment to sustainable operations through these initiatives.

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Belden Inc. (NYSE: BDC) has declared a quarterly dividend of $0.05 per share, payable on July 7, 2022. Shareholders on record as of June 16, 2022 will receive this dividend. The company specializes in mission-critical network infrastructure solutions, catering to the growing demand for reliable data transmission in industrial and enterprise markets. Founded in 1902 and headquartered in St. Louis, Belden operates manufacturing facilities across North America, Europe, Asia, and Africa.

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Belden Inc. (NYSE: BDC) has announced six product launches for Q2 2022, enhancing its specialty networking solutions. Key offerings include Hirschmann BXS Gigabit Switches for efficient connectivity and Hirschmann GREYHOUND Ethernet Switches for robust performance. Additionally, Lumberg Automation introduces LioN-X® IO-Link Masters for better PLC integration. Notably, Belden's Digital Electricity™ Class 4 Cables received UL certification, enabling safe power transmission over long distances. The OSP Dry Loose Tube Cables boast a significantly reduced lead time, enhancing project efficiency.

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Belden Inc. (NYSE: BDC) has received accolades as one of the Best Employers in the Baden-Wurttemberg region and for Manufacturing & Industry 2022 from Great Place to Work®. This recognition, based on employee surveys, highlights Belden's commitment to a culture of trust, cooperation, and employee satisfaction. Leah Tate, EVP of HR, emphasized the importance of a welcoming workplace, and Mirjam Bosshard affirmed the whole team's role in achieving this honor.

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FAQ

What is the current stock price of Belden (BDC)?

The current stock price of Belden (BDC) is $123.52 as of November 22, 2024.

What is the market cap of Belden (BDC)?

The market cap of Belden (BDC) is approximately 4.9B.

What does Belden Inc. specialize in?

Belden Inc. specializes in high-quality, end-to-end signal transmission solutions for industrial, enterprise, and broadcast markets.

What are the main segments of Belden Inc.?

Belden Inc. operates in two main segments: Enterprise Solutions and Industrial Solutions.

Who are Belden Inc.'s primary customers?

Belden Inc.'s primary customers include distributors, end-users, installers, and original equipment manufacturers.

Which regions does Belden Inc. operate in?

Belden Inc. operates in the Americas, EMEA (Europe, Middle East, and Africa), and APAC (Asia-Pacific) regions.

Where does Belden Inc. generate the most revenue?

Belden Inc. generates the most revenue from the Americas region.

What are some recent achievements of Belden Inc.?

Recent achievements of Belden Inc. include advancements in network security and the introduction of new, cutting-edge products.

What products does the Enterprise Solutions segment offer?

The Enterprise Solutions segment offers network infrastructure and cabling and connectivity solutions for commercial audio/video and security applications.

What does the Industrial Solutions segment provide?

The Industrial Solutions segment provides high-performance networking components and machine connectivity products.

Why is Belden Inc. considered a leader in its field?

Belden Inc. is considered a leader due to its commitment to quality, innovative solutions, and comprehensive product portfolio that meets mission-critical network infrastructure needs.

How does Belden Inc. contribute to the global transformation to a connected world?

Belden Inc. contributes by offering reliable and secure transmission solutions for data, audio, and video, essential for today's connected applications.

Belden Inc.

NYSE:BDC

BDC Rankings

BDC Stock Data

4.94B
39.78M
1.26%
105.3%
2.38%
Communication Equipment
Drawing & Insulating of Nonferrous Wire
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United States of America
ST. LOUIS