Belden (BDC) Tops Q3 EPS by 13c. Offers Guidance

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Go back to Belden (BDC) Tops Q3 EPS by 13c. Offers Guidance

Belden Reports Strong Results for Third Quarter 2021

November 3, 2021 7:30 AM EDT

ST. LOUIS--(BUSINESS WIRE)-- Belden Inc. (NYSE: BDC), a leading global supplier of specialty networking solutions, today reported fiscal third quarter 2021 results for the period ended October 3, 2021.

Third Quarter 2021

Revenues for the quarter totaled $630.8 million, increasing $155.0 million, or 33%, compared to $475.8 million in the year-ago period. Net income was $41.3 million, compared to $20.6 million in the year-ago period. Net income as a percentage of revenue was 6.5% compared to 4.3% in the year-ago period. EPS totaled $0.91, compared to $0.46 in the third quarter 2020.

Adjusted revenues for the quarter totaled $631.3 million. Adjusted EBITDA was $100.7 million, increasing... More