Skip to main content

Belden: Q4 Earnings Snapshot

ST. LOUIS (AP) — ST. LOUIS (AP) — Belden Inc. (BDC) on Thursday reported fourth-quarter profit of $67.9 million.

On a per-share basis, the St. Louis-based company said it had net income of $1.70. Earnings, adjusted for one-time gains and costs, were $2.08 per share.

The communications equipment company posted revenue of $720.1 million in the period.

For the year, the company reported profit of $237.5 million, or $5.91 per share. Revenue was reported as $2.72 billion.

For the current quarter ending in March, Belden expects its per-share earnings to range from $1.65 to $1.75.

The company said it expects revenue in the range of $675 million to $690 million for the fiscal first quarter.

Belden shares have climbed 22% since the beginning of the year. The stock has increased 26% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BDC at https://www.zacks.com/ap/BDC

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story

Related News

Knicks take 1-0 lead into game 2 against the Spurs

Beijing bans 4 New Zealand lawmakers from entering China because they visited Taiwan

Police warn families of Tiananmen crackdown dead not to visit graves on 37th anniversary