Belden (BDC) Tops Q2 EPS by 17c
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Belden Reports Strong Results for Second Quarter 2022
August 3, 2022 7:30 AM EDTST. LOUIS--(BUSINESS WIRE)-- Belden Inc. (NYSE: BDC), a leading global supplier of network infrastructure solutions, today reported fiscal second quarter 2022 results for the period ended July 3, 2022.
Second Quarter 2022
Revenues for the quarter totaled $667 million, increasing $91 million, or 16%, compared to $576 million in the year-ago period. Net income was $59 million, compared to $45 million in the year-ago period. Net income as a percentage of revenue was 8.8%, compared to 7.9% in the year-ago period. EPS totaled $1.31, compared to $1.00 in the second quarter 2021.
Adjusted revenues for the quarter totaled $667 million, increasing $90 million, or 16%, compared to... More
