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.
The Board of Directors of Belden Inc. (NYSE: BDC) has declared a quarterly dividend of
Belden Inc. (NYSE: BDC) has partnered with The Mom Project, an online platform supporting over 500,000 women seeking to re-enter the workforce after motherhood. This initiative aims to overcome barriers for women who have taken time off for family, reflecting a commitment to diversity and inclusion. The program aligns with broader workforce trends, as women currently represent the lowest workforce participation since the mid-1980s. Belden's initiative emphasizes the importance of diverse perspectives in driving innovation and business success.
Belden Inc. (NYSE: BDC) reported strong fiscal Q3 2021 results, with revenues of $630.8 million, a 33% increase year-over-year. Net income reached $41.3 million, up from $20.6 million, and EPS improved to $0.91 from $0.46. Adjusted EBITDA rose to $100.7 million, a 54% increase, resulting in an adjusted EBITDA margin of 16.0%. The company raised its full-year guidance, now expecting revenues of $2.385 - $2.400 billion and EPS of $4.67 - $4.77 for 2021, reflecting strong order rates and growth initiatives.
Belden Inc. (NYSE: BDC) will announce its fiscal third-quarter results on November 3, 2021, prior to market opening. The conference call is scheduled for 8:30 a.m. Eastern Time, where management will discuss the financial outcomes. Interested parties can listen live via the Internet or by dialing 800-367-2403 with confirmation code 6838798. A replay will be available later in the investor relations section of Belden's website. Founded in 1902, Belden is a leading supplier of networking solutions, headquartered in St. Louis.
Belden Inc., a leader in signal transmission solutions, has been recognized for innovation in the cabling and connectivity industry. The company received prestigious awards including the Innovators Awards and TNT Awards. Noteworthy achievements include a Platinum Award for the Belden Engineering Center for R&D and Gold Awards for its Ethernet/IP Fire-Resistant Cable and OptiTuff™ Mini Fiber Cables. These honors highlight Belden's commitment to technological advancement and customer satisfaction.
Belden Inc. (NYSE: BDC) has launched the Mobile Collaboration Center (MCC) roadshow to showcase its data center solutions across the USA. Inaugurated on September 15 in Ashburn, VA, the MCC aims to provide hands-on experiences for data center designers, installers, and operators. The roadshow will feature Belden's innovative products, including fiber cables and termination solutions, emphasizing scalability and efficiency. This initiative enhances collaboration and connectivity in data centers, supporting mission-critical operations.
Belden Inc. (NYSE: BDC) has announced new product launches in Q3 2021, enhancing its offerings in cable, connectivity, and software. New products include the Belden DataTuff® Cat 6A High Flex Industrial Ethernet Cables, designed for high-movement applications, and Belden OSDP Access Control Cables, which enhance security and performance. The company also launched Thinklogical Matrix Switch Fiber Harnesses for simplified fiber installation and Hirschmann Operating System for better integration in industrial systems. This expansion addresses growing market demands for robust networking solutions.
Belden Inc. (NYSE: BDC) has launched its new OptiTuff Mini Fiber Cable solution, setting a new standard in the cable industry. This innovative cable is up to 90% lighter and 70% smaller in diameter than traditional metal armored cables. Designed for flexibility, it can withstand significant stress, including a 9,000-pound forklift and a 31-pound data center tile drop. The cable features all-dielectric armor offering enhanced durability without the need for grounding, promoting cost-effectiveness and simplified installation for applications in data centers and telecommunications.
The Board of Directors of Belden declared a quarterly dividend of $0.05 per share, payable on October 6, 2021, to shareholders of record as of September 15, 2021. This decision underscores the company's commitment to returning value to its shareholders while continuing to support its product portfolio aimed at mission-critical network infrastructure needs.
Belden Inc. (NYSE: BDC) reported a robust fiscal second quarter 2021, with revenues of $602.0 million, a 41.7% increase from $424.8 million in the previous year. Net income surged to $44.0 million from $3.2 million, yielding an EPS of $0.97. Adjusted EBITDA rose 90.2% to $93.4 million. The company has raised its full-year revenue guidance to $2.318 - $2.348 billion, up from $2.130 - $2.180 billion, reflecting a strong demand across markets and effective strategic execution. CEO Roel Vestjens expressed optimism on order rates and ongoing growth initiatives.
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