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 Inc. (NYSE: BDC) will host its Investor Day on June 15, 2022, from 10:00 am to 1:30 pm Eastern Time at the New York Stock Exchange. CEO Roel Vestjens and CFO Jeremy Parks will present updates on the company's strategy to increase shareholder value. A Q&A session will follow. The event requires registration by June 8, 2022, and a live webcast will be available for those who cannot attend in person.
For more details, visit Belden’s Investor Relations page.
Belden Inc. (NYSE: BDC) announces that its Singapore and Hong Kong offices have secured Great Place to Work Certification, marking the fifth and sixth locations to achieve this in recent months. The recognition stems from a survey involving nearly 37,000 employees, reflecting Belden's commitment to fostering a culture of belonging and empowerment. Over 86% of employees in Singapore and more than 89% in Hong Kong reported high satisfaction levels, indicating a positive workplace environment. The company continues to prioritize employee engagement and diversity through its 'Belong. Believe. Be You.' initiative.
Belden Inc. (NYSE: BDC) reported strong financial results for Q1 2022, with revenues of $610.4 million, up 20% from $508.7 million YoY. Net income rose to $44.1 million, yielding an EPS of $0.97, compared to $0.64 last year. Adjusted EBITDA increased 30% to $99.5 million, reflecting a margin of 16.3%. The company divested Tripwire for $350 million and made several strategic acquisitions totaling $85 million. Full-year revenue guidance has been raised to $2.480 - $2.530 billion, with adjusted EPS expectations set at $5.55 - $5.85, demonstrating a projected growth of 17% to 23%.
Belden Inc., a global leader in specialty networking solutions, has achieved the industry's first UL Class 4 certification for its Digital Electricity (DE) Cables. This new standard enhances safety and efficiency in fault-managed power systems, enabling users to deliver significantly more power over long distances compared to traditional methods. DE Cables provide a competitive alternative to AC power while ensuring safety through automatic shutoff mechanisms during fault events. The certification supports NEC's upcoming regulations, marking a significant advancement for the industry.
Belden Inc. (NYSE: BDC) has announced its ambitious 2025 environmental, social, and governance (ESG) goals, aimed at enhancing workplace diversity, reducing carbon emissions, and promoting ethical practices. Key targets include a 25% reduction in emissions from fiscal year 2019 levels, increasing renewable energy use, and achieving 90% waste diversion from landfills. Additionally, the company seeks to deliver unconscious bias training to all employees and engage 85% of workers in development opportunities. These initiatives reflect Belden's commitment to sustainability and ethical governance.
Belden Inc. (NYSE: BDC) will release its fiscal first quarter results for the period ending
Belden Inc. (NYSE:BDC), a global leader in specialty networking solutions, announced that Technology Solutions Architect Henry Franc has been appointed Chair of the Telecommunications Industry Association’s TR42 Telecommunications Cabling Systems Engineering Committee. The committee focuses on establishing standards for telecommunications cabling infrastructure for various facilities. Belden's team, led by Franc, emphasizes product-agnostic standards that benefit customers. This initiative aligns with Belden's core value of 'Reaching for Greatness' and showcases its long-standing commitment to improving connectivity solutions.
Belden celebrates the accomplishments of two associates, Henry Franc and Ron Tellas, who received the 2021 Telecommunications Industry Association (TIA) Star Awards for their contributions to the telecommunications sector. Recognized among the top 5% of individual members, they exemplify dedication to advancing standards and technology in the industry. Additionally, Belden itself earned a Top 5% Star Award, showcasing its commitment to teamwork and innovation. This recognition underscores Belden's role as a trusted partner in the telecommunications industry.
The Board of Directors of Belden Inc. (NYSE: BDC) has declared a quarterly dividend of
Belden (NYSE: BDC) has launched six new products in Q1 2022 aimed at improving network performance in industrial and enterprise environments. Key products include the Hirschmann GREYHOUND 103 Ethernet Switches for reliable connections in harsh settings, and ProSoft Technology DNP3 Master Gateways for data integrity. The new Belden 10GXW52 Category 6A Shielded Cables and Fiber Express (FX) OM5 System Connectivity enhance speed and application support. These innovations position Belden as a leader in specialty networking solutions, focusing on reliability and efficiency.
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