Belden (BDC) Tops Q3 EPS by 4c
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Belden Reports Solid Third Quarter 2015 Results
October 28, 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 third quarter 2015 results for the period ended September 27, 2015.
Third Quarter 2015 Highlights
Generated GAAP revenues of $579.3 million and adjusted revenues of $590.1 million; Achieved gross profit margins of 39.0%, increasing 270 basis points from 36.3% in the year-ago period; Expanded adjusted EBITDA margins to 16.5%, increasing 80 basis points from 15.7% in the year-ago period; Repurchased approximately 698,000 shares of Belden common stock; and... More