Bel Fuse (BELFA) Reports Q1 EPS of $0.51

Go back to Bel Fuse (BELFA) Reports Q1 EPS of $0.51

Bel First Quarter Net Earnings Increase 122%, Sales Set a Record $142.0 Million

April 29, 2015 8:30 AM EDT

Net Earnings Increase to $0.45 Per Class A Share and $0.48 Per Class B Share

JERSEY CITY, N.J.--(BUSINESS WIRE)-- Bel Fuse Inc. (NASDAQ: BELFA) (NASDAQ: BELFB) today announced preliminary financial results for the first quarter of 2015.

First Quarter 2015 Highlights

Net sales increased 71.8% to a first quarter record $142.0 million as compared with net sales of $82.6 million for the first quarter of 2014.

GAAP net earnings per share -- EPS -- were $0.45 per Class A share and $0.48 per Class B share as... More