Belden (BDC) Outlook Lowered to Negative by S&P; Sees Challenges to Reducing Leverage
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Belden Reports Second Quarter 2015 Results
July 29, 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 second quarter 2015 results for the period ended June 28, 2015.
Second Quarter 2015 Highlights
Generated revenues of $585.8 million; Achieved record adjusted gross profit margins of 41.7%, increasing 470 basis points from 37.0% in the year-ago period; Expanded adjusted EBITDA margins to a record 16.7%, increasing 190 basis points from 14.8% in the year-ago period; Generated adjusted income from continuing operations per diluted share of... More