Bel Fuse (BELFA) Sees Q4 Sales of $143M

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Go back to Bel Fuse (BELFA) Sees Q4 Sales of $143M

Bel Provides Fourth Quarter 2018 Update

January 15, 2019 3:24 PM EST

JERSEY CITY, N.J., Jan. 15, 2019 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (NASDAQ:BELFA and NASDAQ: BELFB), a leading global manufacturer of products that power, protect and connect electronic circuits, today announced preliminary updates related to the fourth quarter of 2018. 

Net Sales and Backlog

The Company anticipates reporting net sales of approximately $143 million for the fourth quarter of 2018, up 19% from the same quarter of 2017. This is expected to result in full year 2018 sales of approximately $548 million, compared to $492 million for 2017. Fourth quarter 2018 bookings (orders... More