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Bel Fuse Inc - BELFA STOCK NEWS

Welcome to our dedicated page for Bel Fuse news (Ticker: BELFA), a resource for investors and traders seeking the latest updates and insights on Bel Fuse stock.

Bel Fuse Inc designs and manufactures electronic components that protect and connect electronic circuits. Its product portfolio is divided into three categories: magnetic solutions, power solutions & protection, and connectivity solutions. These products are used for the computer, networking, telecommunications, transportation and defense/aerospace, automotive, medical, and consumer electronics industries. Its geographical segments are the United States, Macao, United Kingdom, Slovakia, Germany, Switzerland, and All other foreign countries. Majority of the revenue is derived from United States.

Founded in 1949, Bel has over 60 years of experience in the electronics industry. The company has a strong track record of technical innovation, working with market leaders in various industries. Bel has proven to be a valuable supplier by developing cost-effective solutions for new product development challenges. By combining strong product design with specially-designed manufacturing facilities, Bel is a global competitor in electronic components.

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Bel Fuse Inc. announces the appointment of Steve Dawson as the new President of Bel Power Solutions and Protection, effective July 2024. Dawson brings over 25 years of experience in power and circuit protection, with a proven track record of success and leadership. His expertise has contributed to the development of a power conversion product line for commercial electric vehicles, solidifying Bel's position as a leading supplier of power and circuit protection products.
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Bel Fuse Inc (Bel), a leading global manufacturer of electronic circuit products, celebrates its 75th anniversary. From servicing the auto aftermarket to supplying cutting-edge industries like e-mobility, aerospace, industrial, networking, and military, Bel has an annual revenue over $600M. Founded by Elliot Bernstein, the company's commitment to engineering excellence and innovative solutions has driven its success. Acquisitions and organic growth have expanded Bel's product portfolio and engineering capabilities, with a vision to be the supplier of choice in power, protection, and connectivity solutions.
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Bel Fuse Inc. (Nasdaq: BELFA and BELFB) announced its participation in the 26th Annual Needham Growth Conference on January 17, 2024. The company will present at 8:45 AM with meetings throughout the day at Lotte New York Palace. Key representatives include Farouq Tuweiq, CFO, and Lynn Hutkin, VP Financial Reporting & Investor Relations. The investor presentation deck and webcast will be accessible via the investor relations section of the Company’s website at: https://ir.belfuse.com/events-and-presentations
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Bel Fuse Inc. (Nasdaq: BELFA and BELFB) will participate in the Oppenheimer (Virtual) Summit on December 13-14. Bel Fuse is a designer, manufacturer, and provider of products that power, protect, and connect electronic circuits.
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Bel Fuse Inc. (NASDAQ:BELFA) and (NASDAQ:BELFB) have declared regular quarterly cash dividends of $0.06 per share on Class A common shares and $0.07 per share on Class B common shares. The dividends will be payable on February 1, 2024, to shareholders of record on January 15, 2024. Bel currently has approximately 12,773,000 common shares outstanding, with 2,142,000 being Class A common shares and 10,631,000 being Class B common shares.
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Bel Fuse Inc. has announced its investor conference schedule for November 2023. The conferences include Baird Global Industrial Conference in Chicago on November 7, Stephens Annual Investment Conference in Nashville on November 14, and Three Part Advisors Southwest IDEAS Conference in Dallas on November 16. The company's CFO and VP Financial Reporting & Investor Relations will be conducting meetings throughout the day at each conference.
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Bel Fuse Inc. announces preliminary financial results for Q3 2023, with net sales of $158.7 million, gross profit margin of 35.0%, net earnings of $19.4 million, and adjusted EBITDA of $29.9 million. Backlog level at $408 million. Facility consolidations expected to result in annualized cost savings of $6.9 million.
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Bel Fuse Inc. plans to release preliminary financial results for Q3 on October 25, 2023, with an earnings conference call scheduled for October 26, 2023.
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Bel Fuse Inc. (NASDAQ:BELFA) and (NASDAQ:BELFB) have declared regular quarterly cash dividends of $0.06 per share on Class A common shares and $0.07 per share on Class B common shares. The dividends will be payable on November 1, 2023, to shareholders of record on October 13, 2023. Bel currently has approximately 12,780,000 common shares outstanding, with 2,142,000 Class A common shares and 10,638,000 Class B common shares.
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FAQ

What is the current stock price of Bel Fuse (BELFA)?

The current stock price of Bel Fuse (BELFA) is $96.49 as of December 20, 2024.

What is the market cap of Bel Fuse (BELFA)?

The market cap of Bel Fuse (BELFA) is approximately 1.2B.

What industries does Bel Fuse Inc serve?

Bel Fuse Inc serves industries such as computer, networking, telecommunications, transportation, defense/aerospace, automotive, medical, and consumer electronics.

What are the geographical segments of Bel Fuse Inc?

The geographical segments of Bel Fuse Inc include the United States, Macao, United Kingdom, Slovakia, Germany, Switzerland, and all other foreign countries.

When was Bel Fuse Inc founded?

Bel Fuse Inc was founded in 1949 and has over 60 years of experience in the electronics industry.

What are the core product categories of Bel Fuse Inc?

Bel Fuse Inc's product portfolio is divided into three categories: magnetic solutions, power solutions & protection, and connectivity solutions.

How does Bel Fuse Inc differentiate itself in the market?

Bel Fuse Inc differentiates itself by combining strong product design with specially-designed manufacturing facilities, making it a global competitor in electronic components.

Bel Fuse Inc

Nasdaq:BELFA

BELFA Rankings

BELFA Stock Data

1.18B
11.76M
24.55%
48.39%
1.02%
Electronic Components
Electronic Coils, Transformers & Other Inductors
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United States of America
WEST ORANGE