Belden (BDC) Tops Q1 EPS by 5c; Raises Outlook
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Belden Reports Strong Results for First Quarter 2018
May 2, 2018 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 2018 results for the period ended April 1, 2018.
First Quarter 2018
On a GAAP basis, revenues for the quarter totaled $605.6 million, increasing $54.2 million, or 9.8%, compared to $551.4 million in the first quarter 2017. Net income was $2.6 million, a decrease of $23.1 million from the prior-year period. Net income was impacted by a $15.2 million after-tax loss on debt extinguishment related to our recent debt refinancing and repayment. In addition, net income for the first... More
