Bel Fuse (BELFA) Reports Q2 EPS of $0.63

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Bel Reports Third Quarter 2016 Results

October 27, 2016 7:34 AM EDT

JERSEY CITY, NJ -- (Marketwired) -- 10/27/16 -- Bel Fuse Inc. ("Bel," or, "the Company") (NASDAQ: BELFA) and (NASDAQ: BELFB) today announced preliminary financial results for the third quarter of 2016.

Third Quarter 2016 Highlights

Net sales: $128.8 million in the third quarter of 2016, down 10.6% from the third quarter of 2015. Operating income: $9.3 million in the third quarter of 2016. Adjusting for a $2.1 million gain on the sale of a Hong Kong property in the quarter, operating income was flat compared... More