Bel fuse reports q4 sales of $115.1 mln

Bel reports fourth quarter and full year 2019 results.q4 sales fell 19.3 percent to $115.1 million.quarterly loss per class a share $0.50.quarterly loss per class b share $0.52.says enter 2020 with very limited visibility given recent coronavirus outbreak and separately, grounding of boeing's 737-max.says closely monitoring coronavirus outbreak and its impact on operations and supply channel.bel fuse - anticipate q1 results will be impacted by extended lunar new year holiday break and by lower productivity levels in china sites.says continued grounding of boeing's 737-max will also have an impact on our comparisons throughout 2020.says anticipate production of boeing's 737-max to resume in coming months, it will likely be at a lower rate for a period of time.says will continue to streamline organization to improve profitability.
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