Belden (BDC) Tops Q4 EPS by 13c, Offers Q1 and FY Guidance
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Belden Reports Results for Fourth Quarter and Full Year 2019
February 4, 2020 7:30 AM ESTST. LOUIS--(BUSINESS WIRE)-- Belden Inc. (NYSE: BDC), a leading global supplier of specialty networking solutions, today reported fiscal fourth quarter and full year 2019 results for the period ended December 31, 2019.
Fourth Quarter 2019
Revenues for the quarter totaled $549.7 million, decreasing $2.4 million, or 0.4%, compared to $552.1 million in the prior-year period. EPS totaled $0.05 compared to $0.68 in the fourth quarter 2018.
Adjusted EPS was $1.20 compared to $1.26 in the fourth quarter 2018. Adjusted results are non-GAAP measures, and a non-GAAP reconciliation table is provided as an appendix to this release.
John Stroup, President,... More
