Welcome to our dedicated page for Bel Fuse news (Ticker: BELFB), a resource for investors and traders seeking the latest updates and insights on Bel Fuse stock.
Bel Fuse Inc, established in 1949, is a leading designer and manufacturer of electronic components that power, protect, and connect electronic circuits. The company's product portfolio includes magnetic solutions, power solutions & protection, and connectivity solutions, catering to a wide range of industries such as computer, networking, telecommunications, transportation, defense/aerospace, automotive, medical, and consumer electronics. Bel operates globally, with a strong track record of technical innovation and strategic partnerships, making it a valuable supplier in the electronics industry.
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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 (BELFB)?
The current stock price of Bel Fuse (BELFB) is $83.78 as of December 20, 2024.
What is the market cap of Bel Fuse (BELFB)?
The market cap of Bel Fuse (BELFB) is approximately 1.1B.
When was Bel Fuse Inc founded?
Bel Fuse was founded in 1949.
What are the primary product categories of Bel Fuse Inc?
Bel's product portfolio includes magnetic solutions, power solutions & protection, and connectivity solutions.
In which industries does Bel Fuse Inc operate?
Bel operates in industries such as computer, networking, telecommunications, transportation, defense/aerospace, automotive, medical, and consumer electronics.
What is the geographical segmentation of Bel Fuse Inc?
Bel's geographical segments include the United States, Macao, United Kingdom, Slovakia, Germany, Switzerland, and other foreign countries.
What is the latest news about Bel Fuse Inc?
Bel announced the nomination of David Valletta to join the Board, bringing over 40 years of sales experience in the electronic components industry.
What is the financial performance of Bel Fuse Inc in Q1 2024?
Bel reported sustained gross margin performance with sales in the expected range and provided Q2-24 sales and gross margin guidance.
Bel Fuse Inc
Nasdaq:BELFB
BELFB Rankings
BELFB Stock Data
1.05B
11.76M
2.26%
74.46%
2.27%
Electronic Components
Electronic Coils, Transformers & Other Inductors
United States of America
WEST ORANGE