Belden (BDC) Reports In-Line Q1 EPS, Revs Miss

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Belden Reports Results for First Quarter 2020

April 29, 2020 7:30 AM EDT

ST. LOUIS--(BUSINESS WIRE)-- Belden Inc. (NYSE: BDC), a leading global supplier of specialty networking solutions, today reported fiscal first quarter 2020 results for the period ended March 29, 2020.

First Quarter 2020

Revenues for the quarter totaled $463.5 million, compared to $500.1 million in the prior-year period. EPS totaled $0.33 compared to $0.48 in the first quarter 2019.

Adjusted EPS was $0.67 compared to $0.84 in the first quarter 2019. Adjusted results are non-GAAP measures, and a non-GAAP reconciliation table is provided as an appendix to this release.

John Stroup, President, CEO, and Chairman of Belden Inc., said, Our... More