Belden (BDC) Tops Q4 EPS by 15c; Guides In-Line
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Belden Reports Strong Results for Fourth Quarter and Full Year 2015
February 9, 2016 7:30 AM ESTST. 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 fourth quarter and full year 2015 results for the period ended December 31, 2015.
Fourth Quarter 2015 Highlights
Delivered GAAP fourth quarter revenues of $597.2 million, and adjusted fourth quarter revenues of $602.5 million; Expanded adjusted gross profit margins to a record 43.1%, up 570 basis points from 37.4% in the year-ago period; Generated record adjusted EBITDA of $114.6 million, an improvement of 14.9% year over year,... More