Bel Fuse

Bel Fuse, Inc. engages in the design, manufacture, and marketing of products that power, protect, and connect electronic circuits. It operates through the following segments: Cinch Connectivity Solutions, Power Solutions and Protection, Magnetic Solutions, and Corporate. The company was founded by Elliot Bernstein in 1949 and is headquartered in Jersey City, NJ.

Earnings data Q4 2020

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Bel Fuse, Inc. engages in the design, manufacture, and marketing of products that power, protect, and connect electronic circuits. It operates through the following segments: Cinch Connectivity Solutions, Power Solutions and Protection, Magnetic Solutions, and Corporate. The company was founded by Elliot Bernstein in 1949 and is headquartered in West Orange, NJ.

WEST ORANGE, N.J., May 03, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a leading global manufacturer of products that power, protect and connect electronic circuits, today announced its investor conference schedule for May 2024:

Bel Fuse Announces Upcoming Investor Conference Schedule for May 2024

WEST ORANGE, N.J., April 30, 2024 (GLOBE NEWSWIRE) -- BEL FUSE INC. (NASDAQ:BELFA) and (NASDAQ:BELFB) today announced that its Board of Directors has declared regular quarterly cash dividends of $0.06 per share on the Company's Class A common shares and $0.07 per share on the Company's Class B common shares.

Bel Fuse Inc. Announces Regular Quarterly Cash Dividend on its Class A and Class B Shares

Bel Fuse Inc. (NASDAQ:BELFB ) Q1 2024 Earnings Conference Call April 26, 2024 8:30 AM ET Company Participants Jean Marie Young - Managing Director, Three Part Advisors Daniel Bernstein - President and Chief Executive Officer Lynn Hutkin - Vice President of Financial Reporting and Investor Relations Farouq Tuweiq - Chief Financial Officer Conference Call Participants Theodore O'Neill - Litchfield Hills Research James Ricchiuti - Needham & Company Hendi Susanto - Gabelli Funds Robert Brooks - Northland Capital Markets Operator Good morning and welcome to the Bel Fuse First Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.

Bel Fuse Inc. (BELFB) Q1 2024 Earnings Call Transcript

Sustained Gross Margin Performance with Sales in Expected Range Provides Q2-24 Sales and Gross Margin Guidance Sustained Gross Margin Performance with Sales in Expected Range Provides Q2-24 Sales and Gross Margin Guidance

Bel Reports First Quarter 2024 Results

WEST ORANGE, N.J., April 11, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a designer, manufacturer, and provider of products that power, protect and connect electronic circuits, today announced plans to release preliminary financial results for the first quarter after market close on Thursday, April 25, 2024. An earnings conference call has been scheduled as follows:

Bel Fuse Schedules First Quarter 2024 Financial Results Conference Call

Bel plans to nominate David Valletta to join the Board, Former Executive Vice President of Worldwide Sales at Vishay Intertechnology Bel plans to nominate David Valletta to join the Board, Former Executive Vice President of Worldwide Sales at Vishay Intertechnology

Bel Director John Tweedy to Retire from the Board and Not Stand for Re-election at the 2024 Annual Meeting

WEST ORANGE, N.J., March 05, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a designer, manufacturer, and provider of products that power, protect and connect electronic circuits, today announced the following conference participation:

Bel Fuse Announces Participation in the Roth Conference

WEST ORANGE, N.J., Feb. 27, 2024 (GLOBE NEWSWIRE) -- BEL FUSE INC. (NASDAQ:BELFA) and (NASDAQ:BELFB) today announced that its Board of Directors has declared regular quarterly cash dividends of $0.06 per share on the Company's Class A common shares and $0.07 per share on the Company's Class B common shares.

Bel Fuse Inc. Announces Regular Quarterly Cash Dividend on its Class A and Class B Shares

Bel Fuse Inc. designs, manufactures, and supplies electronic solutions for various industries, with its Power Solutions & Protection segment being the main revenue contributor. The company's specialized divisions, such as Cinch Connectivity Solutions and Bell Power Solutions, are positioned to capitalize on emerging technologies like AI and EVs. BELFB's strong B2B customer base and product diversity across various sectors mitigate risks and promise steady revenue streams.

Bel Fuse's Recent Selloff Is An Investment Opportunity

Bel Fuse (NASDAQ: BELFB ) stock is sliding lower on Thursday after the data transmission technology company released its earnings report for the fourth quarter of 2023. The bad news for BELFB stock starts with the company's adjusted earnings per share of $1.23.

Why Is Bel Fuse (BELFB) Stock Down 17% Today?

WEST ORANGE, N.J., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB) today announced preliminary financial results for the fourth quarter and full year of 2023.

Bel Reports Fourth Quarter and Full Year 2023 Results

WEST ORANGE, N.J., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a designer, manufacturer, and provider of products that power, protect and connect electronic circuits, today announced plans to release preliminary financial results for the fourth quarter after market close on Wednesday, February 21, 2024. An earnings conference call has been scheduled as follows:

Bel Fuse Schedules Fourth Quarter 2023 Financial Results Conference Call

WEST ORANGE, N.J., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a leading global manufacturer of products that power, protect, and connect electronic circuits, is pleased to announce a significant leadership change with the appointment of Steve Dawson as the new President of Bel Power Solutions and Protection, effective July 2024. Dawson will succeed Dennis Ackerman, who has played a pivotal role in the company's growth and success the past 37 years.

Bel Announces a New President of the Power and Protection Segment

WEST ORANGE, N.J., Jan. 11, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc (Bel), a leading global manufacturer of products that power, protect, and connect electronic circuits, proudly marks its 75th anniversary today. Located in the heart of New Jersey, Bel has evolved from a fuse business servicing the auto aftermarket to a global supplier of connectors, power supplies, magnetics and circuit protection products serving cutting-edge industries such as e-mobility, aerospace, industrial, networking and military with annual revenue over $600M.

Bel Fuse Celebrates 75 Years of Electronic Solution Excellence and Innovation

WEST ORANGE, N.J., Jan. 03, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a designer, manufacturer, and provider of products that power, protect and connect electronic circuits, today announced the following conference participation:

Bel Fuse Announces Participation in the Needham Growth Conference

WEST ORANGE, N.J., Dec. 11, 2023 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a designer, manufacturer, and provider of products that power, protect and connect electronic circuits, today announced plans to participate in the Oppenheimer (Virtual) Summit on December 13 -14.

Bel Fuse Announces Participation in the Oppenheimer Midwest Industrial (Virtual) Summit

Bel Fuse operates in three segments and provides products used in various industries. Q3 FY2023 sales showed declines in some segments, but improved gross margins and sustainable profitability. Based on an FCF yield of >11% and fairly low valuation multiples, I still consider Bel Fuse attractive, at least in the medium term.

Bel Fuse Stock Is Still Attractive

Bel Fuse has undergone a significant transformation with the appointment of a new CFO, signaling a new era for the company. The company has made bold moves to improve margins, including closing/consolidating certain operations, selling assets, and walking away from unprofitable business. The company sells into growing aerospace and e-mobility markets, but these are only about 10% of revenue right now, and a recent M&A move could be a misfire.

Bel Fuse: Margins - Check, Revenue Growth Next Up On Management's To-Do List

WEST ORANGE, N.J., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a leading global manufacturer of products that power, protect and connect electronic circuits, today announced its investor conference schedule for November 2023:

Bel Fuse Announces Upcoming Investor Conference Schedule for November 2023

Bel Fuse Inc. (BELFB) Q3 2023 Earnings Call Transcript

Continuous Financial Discipline Leads to Another Quarter of Impressive Results Continuous Financial Discipline Leads to Another Quarter of Impressive Results

Bel Reports Third Quarter 2023 Results

WEST ORANGE, N.J., Oct. 11, 2023 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a designer, manufacturer, and provider of products that power, protect and connect electronic circuits, today announced plans to release preliminary financial results for the third quarter after market close on Wednesday, October 25, 2023. An earnings conference call has been scheduled as follows:

Bel Fuse Inc. Schedules Third Quarter 2023 Financial Results Conference Call

Bel Fuse is massively undervalued relative to its peers on an EV/EBIT basis, despite being a high-quality company. The company is focused on growth industries such as electrification, 5G, AI, and EV plus infrastructure. Bel Fuse has a strong balance sheet with low debt and high interest coverage, which protects the downside and leaves plenty of upside potential.

Bel Fuse: Great Long-Term Potential, Inexpensive Valuation, But Beware Of The China Risk

Bel Fuse Inc. is a small-cap company that designs, manufactures, and markets products used in various industries. In Q2 FY2023, Bel Fuse reported a slight dip in sales but saw a significant boost in gross margin. The company's backlog remains strong, but there are doubts about the conversion of backlog into actual sales.

Bel Fuse Stock Became Cheaper And More Attractive

Bel Fuse's Q2 2023 performance showed a slight decline in sales, but an improvement in gross margins and progress in consolidation of operations. The Power Solutions and Protection segment experienced significant growth, while the Magnetic Solutions Group faced challenges. The company effectively managed its inventory and reduced outstanding debt, showcasing sound financial prudence.

News for Bel Fuse Stock (BELFA)