Belden (BDC) Tops Q1 EPS by 2c; Trims FY15 Outlook
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Belden Reports Strong Results in First Quarter 2015
April 30, 2015 7:30 AM EDTST. LOUIS--(BUSINESS WIRE)-- Belden Inc. (NYSE: BDC), a global leader in high quality, end-to-end signal transmission solutions for mission-critical applications, today reported fiscal first quarter 2015 results for the period ended March 29, 2015.
First Quarter 2015 Highlights
Grew revenues by 12.2% year-over-year; Achieved record adjusted gross profit margins of 40.6%, increasing 450 basis points from 36.1% in the year-ago period; Expanded adjusted EBITDA margins to 15.5%, increasing 40 basis points from 15.1% in the year-ago period; Generated adjusted income from continuing operations per diluted share of $1.00, up 25% over last... More