Bel Fuse (BELFB) Misses Q4 Earnings and Revenue Estimates
- Bel Fuse (BELFB) came out with quarterly earnings of $1.37 per share, missing the Zacks Consensus Estimate of $1.44 per share. This compares to earnings of $1.35 per share a year ago.
- 02/21/2024
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Bel Fuse (BELFB) Advances While Market Declines: Some Information for Investors
- Bel Fuse (BELFB) reachead $73.37 at the closing of the latest trading day, reflecting a +1.79% change compared to its last close.
- 02/12/2024
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Bel Fuse Schedules Fourth Quarter 2023 Financial Results Conference Call
- WEST ORANGE, N.J., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a designer, manufacturer, and provider of products that power, protect and connect electronic circuits, today announced plans to release preliminary financial results for the fourth quarter after market close on Wednesday, February 21, 2024. An earnings conference call has been scheduled as follows:
- 02/08/2024
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Bel Fuse (BELFB) Stock Declines While Market Improves: Some Information for Investors
- In the most recent trading session, Bel Fuse (BELFB) closed at $67.81, indicating a -1.71% shift from the previous trading day.
- 02/02/2024
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Wall Street Favorites: 3 Tech Stocks with Strong Buy Ratings for January 2024
- After getting off to a slow start, the January effect kicked in for stocks. As I write this, the S&P 500 is trading at an all-time high.
- 01/29/2024
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Bel Fuse (BELFB) Declines More Than Market: Some Information for Investors
- Bel Fuse (BELFB) closed the most recent trading day at $66.22, moving -0.94% from the previous trading session.
- 01/26/2024
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Bel Fuse (BELFB) Outperforms Broader Market: What You Need to Know
- In the closing of the recent trading day, Bel Fuse (BELFB) stood at $62.96, denoting a +0.67% change from the preceding trading day.
- 01/12/2024
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3 Stellar Stocks That Could Make You a Millionaire by 2026
- In the stock market, the spotlight focuses brightly on the large-cap giants, overshadowing the potential of hidden millionaire-maker stocks that can lead to riches. The article explores the fundamentals of three stellar companies that could make you a millionaire by 2026.
- 01/02/2024
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Are Investors Undervaluing Bel Fuse (BELFB) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 12/22/2023
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Should Value Investors Buy Bel Fuse (BELFB) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 12/06/2023
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Bel Fuse Stock Is Still Attractive
- Bel Fuse operates in three segments and provides products used in various industries. Q3 FY2023 sales showed declines in some segments, but improved gross margins and sustainable profitability. Based on an FCF yield of >11% and fairly low valuation multiples, I still consider Bel Fuse attractive, at least in the medium term.
- 12/06/2023
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3 Stocks Backed by High Efficiency to Increase Portfolio Returns
- Invest in stocks of Axonics (AXNX), Bel Fuse (BELFB) and Thermon (THR) to tap their high-efficiency levels.
- 11/29/2023
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3 Reasons Why Growth Investors Shouldn't Overlook Bel Fuse (BELFB)
- Bel Fuse (BELFB) could produce exceptional returns because of its solid growth attributes.
- 11/21/2023
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3 Electronics Stocks to Buy From a Challenging Industry
- Electronics stocks like KLA (KLAC), Flex (FLEX) and Bel Fuse (BELFB) are expected to benefit from investments in infrastructure and expanded capacity despite macroeconomic headwinds.
- 11/21/2023
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Should Value Investors Buy Bel Fuse (BELFB) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 11/20/2023
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Bel Fuse: Margins - Check, Revenue Growth Next Up On Management's To-Do List
- Bel Fuse has undergone a significant transformation with the appointment of a new CFO, signaling a new era for the company. The company has made bold moves to improve margins, including closing/consolidating certain operations, selling assets, and walking away from unprofitable business. The company sells into growing aerospace and e-mobility markets, but these are only about 10% of revenue right now, and a recent M&A move could be a misfire.
- 11/09/2023
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Why Fast-paced Mover Bel Fuse (BELFB) Is a Great Choice for Value Investors
- If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Bel Fuse (BELFB) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 11/07/2023
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Is Bel Fuse (BELFB) a Solid Growth Stock? 3 Reasons to Think "Yes"
- Bel Fuse (BELFB) possesses solid growth attributes, which could help it handily outperform the market.
- 11/02/2023
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Are Investors Undervaluing Bel Fuse (BELFB) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 11/02/2023
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Bel Fuse Announces Upcoming Investor Conference Schedule for November 2023
- WEST ORANGE, N.J., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a leading global manufacturer of products that power, protect and connect electronic circuits, today announced its investor conference schedule for November 2023:
- 10/31/2023
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Bel Fuse (BELFB) Surpasses Q3 Earnings and Revenue Estimates
- Bel Fuse (BELFB) came out with quarterly earnings of $1.55 per share, beating the Zacks Consensus Estimate of $1.19 per share. This compares to earnings of $1.48 per share a year ago.
- 10/25/2023
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Bel Fuse Inc. Schedules Third Quarter 2023 Financial Results Conference Call
- WEST ORANGE, N.J., Oct. 11, 2023 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a designer, manufacturer, and provider of products that power, protect and connect electronic circuits, today announced plans to release preliminary financial results for the third quarter after market close on Wednesday, October 25, 2023. An earnings conference call has been scheduled as follows:
- 10/11/2023
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Bel Fuse: Great Long-Term Potential, Inexpensive Valuation, But Beware Of The China Risk
- Bel Fuse is massively undervalued relative to its peers on an EV/EBIT basis, despite being a high-quality company. The company is focused on growth industries such as electrification, 5G, AI, and EV plus infrastructure. Bel Fuse has a strong balance sheet with low debt and high interest coverage, which protects the downside and leaves plenty of upside potential.
- 10/03/2023
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Bel Fuse Stock Became Cheaper And More Attractive
- Bel Fuse Inc. is a small-cap company that designs, manufactures, and markets products used in various industries. In Q2 FY2023, Bel Fuse reported a slight dip in sales but saw a significant boost in gross margin. The company's backlog remains strong, but there are doubts about the conversion of backlog into actual sales.
- 09/20/2023
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Are Computer and Technology Stocks Lagging Bel Fuse (BELFB) This Year?
- Here is how Bel Fuse (BELFB) and Celestica (CLS) have performed compared to their sector so far this year.
- 09/18/2023
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Turn $1,000 Into $1 Million: Invest in These 3 Growth Stocks Now
- In the landscape of investment opportunities, finding the right stocks that can turn a modest investment into a financial windfall can feel like searching for a needle in a haystack. However, the quest for wealth-building assets has become more attainable than ever.
- 09/12/2023
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Is Bel Fuse (BELFB) Stock Outpacing Its Computer and Technology Peers This Year?
- Here is how Bel Fuse (BELFB) and Celestica (CLS) have performed compared to their sector so far this year.
- 09/01/2023
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3 Electronics Stocks to Buy From a Prospering Industry
- The Zacks Electronics – Miscellaneous Products industry participants like Carrier Global CARR, SES AI SES and Bel Fuse BELFB are benefiting from higher spending on advanced technologies, including augmented reality (AR) and virtual reality (VR). Continuing investments in data center, high-performance computing and 5G end markets are the key catalysts.
- 08/30/2023
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Should Value Investors Buy Bel Fuse (BELFB) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 08/30/2023
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Bel Fuse: Rising Margins And Sector Tailwinds Make It A Buy
- Bel Fuse's Q2 2023 performance showed a slight decline in sales, but an improvement in gross margins and progress in consolidation of operations. The Power Solutions and Protection segment experienced significant growth, while the Magnetic Solutions Group faced challenges. The company effectively managed its inventory and reduced outstanding debt, showcasing sound financial prudence.
- 08/16/2023
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Down -15.01% in 4 Weeks, Here's Why Bel Fuse (BELFB) Looks Ripe for a Turnaround
- Bel Fuse (BELFB) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
- 08/11/2023
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Bel Fuse Announces Upcoming Investor Conference Schedule for August and September 2023
- WEST ORANGE, N.J., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a leading global manufacturer of products that power, protect and connect electronic circuits, today announced its investor conference schedule for August and September 2023:
- 08/02/2023
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Bel Fuse Inc. (BELFB) Q2 2023 Earnings Call Transcript
- Bel Fuse Inc. (NASDAQ:BELFB ) Q2 2023 Earnings Conference Call July 27, 2023 8:30 AM ET Company Participants Jean Young - Three Part Advisors, IR Dan Bernstein - President and CEO Lynn Hutkin - VP of Financial Reporting & IR Farouq Tuweiq - CFO Conference Call Participants Theodore O'Neill - CFA, Litchfield Hills Research Jim Ricchiuti - Needham and Company Hendi Susanto - Gabelli Funds Operator Good morning and welcome to Bel Fuse's Second Quarter 2023 Earnings Call. As a reminder, this is being recorded.
- 07/27/2023
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Bel Fuse (BELFB) Surpasses Q2 Earnings and Revenue Estimates
- Bel Fuse (BELFB) came out with quarterly earnings of $1.95 per share, beating the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $1.38 per share a year ago.
- 07/26/2023
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Bel Fuse Inc. Schedules Second Quarter 2023 Financial Results Conference Call
- WEST ORANGE, N.J., July 12, 2023 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a designer, manufacturer, and provider of products that power, protect and connect electronic circuits, today announced plans to release preliminary financial results for the second quarter after market close on Wednesday, July 26, 2023. An earnings conference call has been scheduled as follows:
- 07/12/2023
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Top 10 Tech Stocks For 2H2023
- Top 10 Tech Stocks For 2H2023
- 06/28/2023
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Bel Fuse Stock: Growth Potential Is Still There
- Bel Fuse is a $730-million market cap firm that offers magnetic, power, and connectivity solutions for various applications. Q1 sales for Bel Fuse were $172 million, showing a substantial increase of 26% compared to the first quarter of 2022. Also, the gross margins improved dramatically YoY. The management expects an even higher consolidated margin profile due to the shift in product mix and profitability in the next quarters.
- 06/16/2023
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Bel Fuse Inc. (BELFB) Hits Fresh High: Is There Still Room to Run?
- Bel Fuse (BELFB) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
- 06/14/2023
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Bel Fuse Announces Upcoming Investor Conference Schedule for May and June 2023
- JERSEY CITY, N.J., May 17, 2023 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a leading global manufacturer of products that power, protect and connect electronic circuits, today announced its investor conference schedule for May and June 2023:
- 05/17/2023
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Bel Fuse Inc. (BELFB) Q1 2023 Earnings Call Transcript
- Bel Fuse Inc. (NASDAQ:BELFB ) Q1 2023 Earnings Conference Call April 27, 2023 8:30 AM ET Company Participants Jean Young - Three Part Advisors, IR Dan Bernstein - President, CEO & Director Lynn Hutkin - VP of Financial Reporting & IR Farouq Tuweiq - CFO Conference Call Participants Chris Grenga - Needham & Co. Hendi Susanto - Gabelli Funds Operator Good morning, and welcome to the Bel Fuse First Quarter 2023 Earnings Call. At this time, all participants are in listen-only mode.
- 04/29/2023
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Bel Fuse (BELFB) Q1 Earnings and Revenues Surpass Estimates
- Bel Fuse (BELFB) came out with quarterly earnings of $1.25 per share, beating the Zacks Consensus Estimate of $0.76 per share. This compares to earnings of $0.41 per share a year ago.
- 04/26/2023
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Bel Fuse Inc. Schedules First Quarter 2023 Financial Results Conference Call
- JERSEY CITY, N.J., April 12, 2023 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a designer, manufacturer, and provider of products that power, protect and connect electronic circuits, today announced plans to release preliminary financial results for the first quarter after market close on Wednesday, April 26, 2023. An earnings conference call has been scheduled as follows:
- 04/12/2023
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Bel Fuse Inc. (BELFB) Q4 2022 Earnings Call Transcript
- Bel Fuse Inc. (NASDAQ:BELFB ) Q4 2022 Earnings Conference Call February 23, 2023 8:30 AM ET Company Participants Jean Marie Young - Managing Director Daniel Bernstein - President and Chief Executive Officer Farouq Tuweiq - Chief Financial Officer Lynn Hutkin - VP, Financial Reporting and IR Conference Call Participants Theodore O'Neill - Litchfield Hills Research James Ricchiuti - Needham & Company Hendi Susanto - Gabelli Funds William Kim - Presidio Asset Management Operator Good morning and welcome to the Bel Fuse Fourth Quarter 2022 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.
- 02/25/2023
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Bel Fuse (BELFB) Q4 Earnings and Revenues Surpass Estimates
- Bel Fuse (BELFB) delivered earnings and revenue surprises of 29.81% and 6.97%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 02/22/2023
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Strength Seen in Bel Fuse (BELFB): Can Its 7.4% Jump Turn into More Strength?
- Bel Fuse (BELFB) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
- 02/01/2023
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Is Bel Fuse (BELFB) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 01/19/2023
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Is Bel Fuse (BELFB) Stock Outpacing Its Computer and Technology Peers This Year?
- Here is how Bel Fuse (BELFB) and Perion Network (PERI) have performed compared to their sector so far this year.
- 01/02/2023
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3 Electronics Stocks to Buy From a Prospering Industry
- Electronics stocks Flex (FLEX), Sigma Lithium (SGML) and Bel Fuse (BELFB) are likely to benefit from investments in infrastructure and expanded capacity despite the pandemic-induced supply-chain headwinds.
- 12/23/2022
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Are Computer and Technology Stocks Lagging Bel Fuse (BELFB) This Year?
- Here is how Bel Fuse (BELFB) and Super Micro Computer (SMCI) have performed compared to their sector so far this year.
- 12/16/2022
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Bel Fuse Inc: Strong Fundamentals And Generous Returns
- Bel Fuse Inc. has rewarded shareholders with 122.95% in returns year to date with EPS forecasted to expand by 4.9% over the next year. The company takes part in diverse sectors; however, its infrastructure in the 5G sector is hugely attractive for potential future growth.
- 12/14/2022
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Is Bel Fuse (BELFB) Stock Outpacing Its Computer and Technology Peers This Year?
- Here is how Bel Fuse (BELFB) and Super Micro Computer (SMCI) have performed compared to their sector so far this year.
- 11/30/2022
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3 Reasons Growth Investors Will Love Bel Fuse (BELFB)
- Bel Fuse (BELFB) is well positioned to outperform the market, as it exhibits above-average growth in financials.
- 11/29/2022
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Despite Fast-paced Momentum, Bel Fuse (BELFB) Is Still a Bargain Stock
- Bel Fuse (BELFB) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
- 11/21/2022
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Are Computer and Technology Stocks Lagging Bel Fuse (BELFB) This Year?
- Here is how Bel Fuse (BELFB) and Super Micro Computer (SMCI) have performed compared to their sector so far this year.
- 11/14/2022
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Here is Why Growth Investors Should Buy Bel Fuse (BELFB) Now
- Bel Fuse (BELFB) could produce exceptional returns because of its solid growth attributes.
- 11/08/2022
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Here Is Why Bargain Hunters Would Love Fast-paced Mover Bel Fuse (BELFB)
- Bel Fuse (BELFB) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 11/04/2022
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Bel Fuse Inc. to Participate in November Investor Conferences
- JERSEY CITY, N.J., Nov. 02, 2022 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a designer, manufacturer, and provider of products that power, protect and connect electronic circuits, today announced that Farouq Tuweiq, CFO and Lynn Hutkin, Director of Financial Reporting will present and host one-on-one meetings at the following November conferences:
- 11/02/2022
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Is Bel Fuse (BELFB) a Great Value Stock Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 11/01/2022
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Bel Fuse Inc. (BELFB) Q3 2022 Earnings Call Transcript
- Bel Fuse Inc. (NASDAQ:BELFB ) Q3 2022 Earnings Conference Call October 27, 2022 8:30 AM ET Company Participants Steven Hooser - Three Part Advisors Dan Bernstein - President and Chief Executive Officer Farouq Tuweiq - Chief Financial Officer Lynn Hutkin - Director, Financial Reporting Conference Call Participants Theodore O'Neill - Litchfield Hills Research Jim Ricchiuti - Needham & Co Hendi Susanto - Gabelli Funds Robert Brooks - Brick by Brick Capital Operator Good morning, ladies and gentlemen, and welcome to the Bel Fuse Third Quarter 2022 Earnings Call. All Participants will be in listen-only mode.
- 10/30/2022
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Bel Fuse (BELFB) Q3 Earnings and Revenues Surpass Estimates
- Bel Fuse (BELFB) delivered earnings and revenue surprises of 94.74% and 11.79%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
- 10/26/2022
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Bel Fuse (BELFB) Shows Fast-paced Momentum But Is Still a Bargain Stock
- Bel Fuse (BELFB) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
- 10/19/2022
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Bel Fuse Inc. Schedules Third Quarter 2022 Financial Results Conference Call
- JERSEY CITY, N.J., Oct. 19, 2022 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a designer, manufacturer, and provider of products that power, protect and connect electronic circuits, today announced plans to release preliminary financial results for the third quarter after market close on Wednesday, October 26, 2022. An earnings conference call has been scheduled as follows:
- 10/19/2022
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Should Value Investors Buy Bel Fuse (BELFB) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 10/13/2022
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Is Bel Fuse (BELFB) Stock Outpacing Its Computer and Technology Peers This Year?
- Here is how Bel Fuse (BELFB) and Sierra Wireless (SWIR) have performed compared to their sector so far this year.
- 10/12/2022
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Hold On To Bel Fuse, The Stock Has More Upside
- The stock price of Bel Fuse Inc. has a YTD gain of +103.55%. The Quant AI rating system of Seeking Alpha still rates it as a strong buy. Bel Fuse also gets a strong buy recommendation from Wall Street. Let others push the stock higher.
- 10/11/2022
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2 Electronics Stocks to Watch From a Challenging Industry
- Electronics stocks Bel Fuse (BELFB) and Flux Power (FLUX) are likely to benefit from investments in infrastructure and expanded capacity despite the pandemic-induced supply-chain headwinds.
- 09/27/2022
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Is Bel Fuse (BELFB) Outperforming Other Computer and Technology Stocks This Year?
- Here is how Bel Fuse (BELFB) and Vipshop Holdings Limited (VIPS) have performed compared to their sector so far this year.
- 09/26/2022
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Are Computer and Technology Stocks Lagging Bel Fuse (BELFB) This Year?
- Here is how Bel Fuse (BELFB) and Vipshop Holdings Limited (VIPS) have performed compared to their sector so far this year.
- 09/08/2022
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Looking for a Growth Stock? 3 Reasons Why Bel Fuse (BELFB) is a Solid Choice
- Bel Fuse (BELFB) is well positioned to outperform the market, as it exhibits above-average growth in financials.
- 09/01/2022
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Bel Fuse (BELFB) Is Attractively Priced Despite Fast-paced Momentum
- Bel Fuse (BELFB) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
- 08/25/2022
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Here's Why Bel Fuse (BELFB) is a Great Momentum Stock to Buy
- Does Bel Fuse (BELFB) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 08/23/2022
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3 Small-Cap Stocks With Promising Growth Prospects
- Investing in small-caps may not suit more conservative investors, as they typically have large price swings. However, for investors with higher risk tolerance, they can be much more enticing.
- 08/19/2022
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Are Investors Undervaluing Bel Fuse (BELFB) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 08/17/2022
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3 Reasons Why Bel Fuse (BELFB) Is a Great Growth Stock
- Bel Fuse (BELFB) could produce exceptional returns because of its solid growth attributes.
- 08/16/2022
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Bel to Present at the 13th Annual Midwest IDEAS Investor Conference on August 25th in Chicago, IL
- JERSEY CITY, N.J., Aug. 10, 2022 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB) today announced that Farouq Tuweiq, CFO and Lynn Hutkin, Director of Financial Reporting will present and host one-on-one meetings at the Midwest IDEAS Investor Conference on Thursday, August 25, 2022 at The Gwen in Chicago, IL. Bel's presentation is scheduled to begin at 8 AM Central Time. The presentation will be webcast and may be accessed through the conference host's main website: https://www.threepartadvisors.com/midwest and in the investor relations section of the company's website at www.belfuse.com. Investors interested in attending the IDEAS conference may contact Jean Marie Young at 631-418-4339.
- 08/10/2022
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Why Fast-paced Mover Bel Fuse (BELFB) Is a Great Choice for Value Investors
- Bel Fuse (BELFB) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
- 08/09/2022
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Bel Fuse Inc. (BELFB) CEO Dan Bernstein on Q2 2022 Results - Earnings Call Transcript
- Bel Fuse Inc. (NASDAQ:BELFB ) Q2 2022 Results Conference Call July 28, 2022 8:30 AM ET Company Participants Jean Marie Young - Three Part Advisors Dan Bernstein - President and CEO Farouq Tuweiq - CFO Lynn Hutkin - Director, Financial Reporting Conference Call Participants Theodore O'Neill - Litchfield Hills Research Chris Grenga - Needham & Company Hendi Susanto - Gabelli Funds Operator Good morning, ladies and gentlemen. Welcome to the Bel Fuse Second Quarter 2022 Earnings Conference Call.
- 07/30/2022
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Here's Why "Trend" Investors Would Love Betting on Bel Fuse (BELFB)
- Bel Fuse (BELFB) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
- 07/29/2022
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Bel Fuse Inc. Schedules Second Quarter 2022 Financial Results Conference Call
- JERSEY CITY, N.J., July 14, 2022 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a designer, manufacturer, and provider of products that power, protect and connect electronic circuits, today announced plans to release preliminary financial results for the second quarter after market close on Wednesday, July 27, 2022. An earnings conference call has been scheduled as follows:
- 07/14/2022
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Bel Fuse (BELFB) Stock Jumps 12%: Will It Continue to Soar?
- Bel Fuse (BELFB) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
- 07/11/2022
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6 High-Tech Dividend Stocks to Buy and Hold
- These are 6 high-tech dividend stocks to buy and hold. These high-tech dividend stocks to buy and hold have good dividend yields, low P/E multiples, and good earnings outlook The post 6 High-Tech Dividend Stocks to Buy and Hold appeared first on InvestorPlace.
- 06/27/2022
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6 Oversold Tech Stocks That Are Terrific Bargains Right Now
- These 6 oversold stocks have plenty of gas in the tank. They are near trough prices, especially if the recession will be mild.
- 06/23/2022
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Bel Fuse (BELFB) Upgraded to Strong Buy: Here's What You Should Know
- Bel Fuse (BELFB) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
- 06/22/2022
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Should Value Investors Buy Bel Fuse (BELFB) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 05/27/2022
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Is Bel Fuse (BELFB) Outperforming Other Computer and Technology Stocks This Year?
- Here is how Bel Fuse (BELFB) and Limelight Networks (LLNW) have performed compared to their sector so far this year.
- 05/26/2022
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Bel to Participate in June Investor Conferences
- JERSEY CITY, N.J., May 25, 2022 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB) today announced that Farouq Tuweiq, CFO and Lynn Hutkin, Director of Financial Reporting will present and host one-on-one meetings at the following June conferences:
- 05/25/2022
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Why Fast-paced Mover Bel Fuse (BELFB) Is a Great Choice for Value Investors
- Bel Fuse (BELFB) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
- 05/16/2022
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Has Bel Fuse (BELFB) Outpaced Other Computer and Technology Stocks This Year?
- Here is how Bel Fuse (BELFB) and Nikon Corp. (NINOY) have performed compared to their sector so far this year.
- 05/10/2022
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Bel Fuse, Inc. (BELFB) CEO Daniel Bernstein on Q1 2022 Results - Earnings Call Transcript
- Bel Fuse, Inc. (NASDAQ:BELFB ) Q1 2022 Earnings Conference Call April 28, 2022 8:30 AM ET Company Participants Jean Young - Three Part Advisors Daniel Bernstein - President, CEO & Director Lynn Hutkin - Director, Financial Reporting, Principal Accounting Officer & Company Secretary Farouq Tuweiq - CFO, Principal Financial Officer & Treasurer Conference Call Participants Theodore O'Neill - Litchfield Hills Research Hendi Susanto - Gabelli Funds Chris Grenga - Needham & Company Operator Good day, and welcome to the Bel Fuse First Quarter 2022 Earnings Call. Today's conference is being recorded.
- 05/01/2022
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Are Investors Undervaluing Bel Fuse (BELFB) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 04/29/2022
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Are Computer and Technology Stocks Lagging Bel Fuse (BELFB) This Year?
- Here is how Bel Fuse (BELFB) and Benefitfocus (BNFT) have performed compared to their sector so far this year.
- 04/22/2022
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Should Value Investors Buy Bel Fuse (BELFB) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 03/31/2022
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What Makes Bel Fuse (BELFB) a New Strong Buy Stock
- Bel Fuse (BELFB) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 03/28/2022
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Bel Fuse (BELFB) Is Attractively Priced Despite Fast-paced Momentum
- If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Bel Fuse (BELFB) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 03/22/2022
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Has Bel Fuse (BELFB) Outpaced Other Computer and Technology Stocks This Year?
- Here is how Bel Fuse (BELFB) and Freenet AG (FRTAF) have performed compared to their sector so far this year.
- 03/21/2022
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Is Bel Fuse (BELFB) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 03/11/2022
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Bel Fuse (BELFB) Just Flashed Golden Cross Signal: Do You Buy?
- Should investors be excited or worried when a stock's 50 -day simple moving average crosses above the 200-day simple moving average?
- 03/10/2022
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Best Value Stocks to Buy for March 4th
- BELFB, DQ, and DHI made it to the Zacks Rank #1 (Strong Buy) value stocks list on March 4, 2022
- 03/04/2022
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New Strong Buy Stocks for March 4th
- BELFB, HSIC, LAD, MRC, and PPC have been added to the Zacks Rank #1 (Strong Buy) List on March 4, 2022.
- 03/04/2022
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Bel Fuse: Major Breakout Underway
- Bel Fuse: Major Breakout Underway
- 03/03/2022
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Bel Fuse Inc. (BELFB) CEO Dan Bernstein on Q4 2021 Results - Earnings Call Transcript
- Bel Fuse Inc. (BELFB) CEO Dan Bernstein on Q4 2021 Results - Earnings Call Transcript
- 02/25/2022
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Bel Fuse Inc. Schedules Fourth Quarter and Full Year 2021 Financial Results Conference Call
- JERSEY CITY, N.J., Feb. 03, 2022 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a designer, manufacturer, and provider of products that power, protect and connect electronic circuits, today announced plans to release preliminary financial results for the fourth quarter and full year of 2021 after market close on Thursday, February 24, 2022. An earnings conference call has been scheduled as follows:
- 02/03/2022
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Bel Fuse Inc. (BELFB) CEO Dan Bernstein on Q3 2021 Results - Earnings Call Transcript
- Bel Fuse Inc. (BELFB) CEO Dan Bernstein on Q3 2021 Results - Earnings Call Transcript
- 10/29/2021
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Bel to Participate in 10th Annual Needham Virtual Industrial Tech, Robotics, & Clean Tech 1x1 Conference on August 6, 2021
- JERSEY CITY, N.J., Aug. 03, 2021 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (“Bel,” or, “the Company”) (Nasdaq:BELFA and Nasdaq:BELFB), a leading supplier of products that power, protect and connect electronic circuits, today announced that management will participate in the 10th Annual Needham Virtual Industrial Tech, Robotics, & Clean Tech 1x1 Conference, on August 6, 2021.
- 08/03/2021
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Bel Fuse Inc. (BELFB) CEO Daniel Bernstein on Q2 2021 Results - Earnings Call Transcript
- Bel Fuse Inc. (BELFB) CEO Daniel Bernstein on Q2 2021 Results - Earnings Call Transcript
- 08/01/2021
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Bel Fuse Stock Gains On Q2 Volume Growth; $314M Backlog
- Bel Fuse Inc (NASDAQ: BELFA) reported second-quarter FY21 net sales growth of 14.5% year-on-year to $138.7 million, beating the analyst consensus of $128 million. The gross margin contracted 110 bps to 24.7%, and the operating margin contracted 20 bps to 4.8%.
- 07/30/2021
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Bel Fuse: Q2 Earnings Insights
- Shares of Bel Fuse (NASDAQ:BELFA) rose 17.3% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 48.84% over the past year to $0.64, which beat the estimate of $0.34.
- 07/30/2021
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Bel Reports Second Quarter 2021 Results
- JERSEY CITY, N.J., July 30, 2021 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a designer, manufacturer and provider of products that power, protect and connect electronic circuits, today announced preliminary financial results for the second quarter of 2021.
- 07/30/2021
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Bel Will Report Second Quarter 2021 Results on July 30, 2021
- Conference Call Scheduled for 11:00 AM ET Conference Call Scheduled for 11:00 AM ET
- 07/22/2021
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Bel Fuse: Successfully Deleveraging The Balance Sheet
- Net sales have been stagnant due to an aggressive deleveraging process.
- 06/22/2021
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Bel Announces Investor Conference (Virtual) Schedule for May and June 2021
- 16th Annual Needham Virtual Technology & Media Conference, May 20, 2021
- 05/14/2021
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Bel Fuse Inc. (BELFB) CEO Dan Bernstein on Q1 2021 Results - Earnings Call Transcript
- Bel Fuse Inc. (BELFB) CEO Dan Bernstein on Q1 2021 Results - Earnings Call Transcript
- 05/03/2021
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Bel Will Report First Quarter 2021 Results on May 3, 2021
- Conference Call Scheduled for 11:00 AM ET Conference Call Scheduled for 11:00 AM ET
- 04/26/2021
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Howard Marks' Oaktree Weakens Super Micro Computer Connection
- Select portfolio(s):
- 04/01/2021
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Bel Announces Closing Acquisition of EOS
- JERSEY CITY, N.J., March 31, 2021 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (“Bel,” or, “the Company”) (Nasdaq:BELFA and Nasdaq:BELFB), a leading supplier of products that power, protect and connect electronic circuits, today announced that it has closed on its previously announced acquisition of EOS, of Mumbai, India, effective March 31, 2021. Consideration of $7 million, was funded with cash on hand.
- 03/31/2021
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Bel Fuse Inc. Announces Regular Quarterly Cash Dividend on its Class A and Class B Shares
- JERSEY CITY, N.J., Feb. 23, 2021 (GLOBE NEWSWIRE) -- BEL FUSE INC. (NASDAQ:BELFA) and (NASDAQ:BELFB) today announced that its Board of Directors has declared regular quarterly cash dividends of $0.06 per share on the Company's Class A common shares and $0.07 per share on the Company's Class B common shares.
- 02/23/2021
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Bel Fuse Inc. (BELFB) CEO Dan Bernstein on Q4 2020 Results - Earnings Call Transcript
- Bel Fuse Inc. (BELFB) CEO Dan Bernstein on Q4 2020 Results - Earnings Call Transcript
- 02/18/2021
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Bel Reports Fourth Quarter and Full Year 2020 Results
- JERSEY CITY, N.J., Feb. 18, 2021 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB) today announced preliminary financial results for the fourth quarter and full year of 2020.
- 02/18/2021
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Bel Will Report Fourth Quarter and Full Year 2020 Results on February 18, 2021
- Conference Call Scheduled for 11:00 AM ET Conference Call Scheduled for 11:00 AM ET
- 02/04/2021
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Bel Announces Agreement to Purchase EOS Power
- JERSEY CITY, N.J., Jan. 12, 2021 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (“Bel,” or, “the Company”) (Nasdaq:BELFA and Nasdaq:BELFB), a leading supplier of products that power, protect and connect electronic circuits, today announced that the Company has entered into an agreement (the “Agreement”) with EOS Power Panama Inc. to acquire substantially all of the issued and outstanding shares of EOS Power India Private Ltd.. The Agreement calls for the assumption of certain liabilities and is subject to closing working capital adjustments. Based in Mumbai, India, the EOS business had trailing twelve-month sales of approximately $15 million, and manufactures power products that are well known in the market and the distribution channels.
- 01/12/2021
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Bel Fuse Appoints Farouq Tuweiq, Former Investment Banker, as Chief Financial Officer
- JERSEY CITY, N.J., Jan. 05, 2021 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (“Bel,” or, “the Company”) (Nasdaq:BELFA and Nasdaq:BELFB), a leading supplier of products that power, protect and connect electronic circuits, today announced that Farouq Tuweiq has been named Chief Financial Officer of Bel Fuse Inc., effective February 15, 2021.
- 01/05/2021
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Bel to Participate in 23rd Annual Needham Growth Conference Being Held Virtually on January 11-15, 2021
- JERSEY CITY, N.J., Dec. 23, 2020 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (“Bel,” or, “the Company”) (Nasdaq:BELFA and Nasdaq:BELFB), a leading supplier of products that power, protect and connect electronic circuits, today announced that management will participate in the 23rd Annual Needham Growth Conference being held virtually on January 11-15, 2021. Daniel Bernstein, Chief Executive Officer, Craig Brosious, VP of Finance, Lynn Hutkin, Director of Financial Reporting, and Dennis Ackerman, President of Bel's Power Solutions and Protection group, will be available for meetings for the entirety of January 15.
- 12/23/2020
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Bel Announces Participation in Sidoti & Co. Virtual Micro Cap Conference on November 19, 2020
- JERSEY CITY, N.J., Nov. 16, 2020 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (“Bel,” or, “the Company”) (Nasdaq:BELFA and Nasdaq:BELFB), a leading supplier of products that power, protect and connect electronic circuits, today announced that the Company will participate in the Sidoti & Co. Virtual Micro Cap Conference on November 19, 2020. Dennis Ackerman, President of Bel's Power Solutions group, Craig Brosious, Vice President of Finance, and Lynn Hutkin, Director of Financial Reporting will be available for the entirety of the day to provide interested investors an update on the company's financial progress and future growth opportunities.
- 11/16/2020
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Bel Fuse Inc. Announces Regular Quarterly Cash Dividend on its Class A and Class B Shares
- JERSEY CITY, N.J., Nov. 04, 2020 (GLOBE NEWSWIRE) -- BEL FUSE INC. (NASDAQ:BELFA) and (NASDAQ:BELFB) today announced that its Board of Directors has declared regular quarterly cash dividends of $0.06 per share on the Company's Class A common shares and $0.07 per share on the Company's Class B common shares.
- 11/04/2020
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Bel Fuse Inc. (BELFB) CEO Dan Bernstein on Q3 2020 Results - Earnings Call Transcript
- Bel Fuse Inc. (BELFB) CEO Dan Bernstein on Q3 2020 Results - Earnings Call Transcript
- 11/01/2020
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Bel Appoints Sherry Urban VP of Human Resources for Bel Fuse Inc.
- JERSEY CITY, N.J., Oct. 30, 2020 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (“Bel,” or, “the Company”) (Nasdaq:BELFA and Nasdaq:BELFB), a leading supplier of products that power, protect and connect electronic circuits, today announced that Sherry Urban, a seasoned HR manager with over 30 years of corporate HR experience, has been appointed VP of Human Resources for Bel Fuse Inc. She is a certified member of HRCI and is also active with SHRM, a Washington-based think tank for HR professionals.
- 10/30/2020
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Bel Fuse: Q3 Earnings Insights
- Shares of Bel Fuse (NASDAQ:BELFB) were unchanged after the company reported Q3 results.
- 10/30/2020
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Bel Fuse (BELFA) Presents At LD 500 Investor Virtual Conference - Slideshow
- The following slide deck was published by Bel Fuse Inc. in conjunction with this event..
- 09/03/2020
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LD Micro - Announces Preliminary List of Presenters for the LD-500.
- LOS ANGELES, CA / ACCESSWIRE / August 5, 2020 / LD Micro today announced the initial list of companies slated to present at the upcoming LD 500, taking place September 1st-4th, 2020, exclusively online.
- 08/05/2020
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Bel Fuse Inc. Announces Regular Quarterly Cash Dividend on its Class A and Class B Shares
- JERSEY CITY, N.J., Aug. 04, 2020 (GLOBE NEWSWIRE) -- BEL FUSE INC. (NASDAQ:BELFA) and (NASDAQ:BELFB) today announced that its Board of Directors has declared regular quarterly cash dividends of $0.06 per share on the Company's Class A common shares and $0.07 per share on the Company's Class B common shares.Cash dividends for Class A and Class B common shares are payable on October 30, 2020 to shareholders of record on October 15, 2020. Bel currently has approximately 12,379,000 common shares outstanding, of which 2,145,000 are Class A common shares and 10,234,000 are Class B common shares.About Bel Bel (www.belfuse.com) designs, manufactures and markets a broad array of products that power, protect and connect electronic circuits. These products are primarily used in the networking, telecommunications, computing, military, aerospace, medical, transportation and broadcasting industries. Bel's product groups include Magnetic Solutions (integrated connector modules, power transformers, power inductors and discrete components), Power Solutions and Protection (front-end, board-mount and industrial power products, module products and circuit protection), and Connectivity Solutions (expanded beam fiber optic, copper-based, RF and RJ connectors and cable assemblies). The Company operates facilities around the worldInvestor Contact: Darrow Associates tel 516.419.9915 pseltzberg@darrowir.com Company Contact: Daniel Bernstein President ir@belf.com
- 08/04/2020
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Bel Reports Second Quarter 2020 Results
- JERSEY CITY, N.J., July 31, 2020 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a designer, manufacturer and provider of products that power, protect and connect electronic circuits, today announced preliminary financial results for the second quarter of 2020. Second Quarter 2020 Highlights * Net sales of $121.2 million, down 4.9% from Q2-19 * Gross profit margin of 26.2%, up from 21.0% in Q2-19 * Net earnings of $5.6 million, as compared with net earnings of $3.0 million in Q2-19 * GAAP EPS of $0.43 per Class A share (versus $0.23 in Q2-19) and $0.46 per Class B share (versus $0.24 in Q2-19) * Non-GAAP EPS of $0.43 per Class A share (versus $0.03 in Q2-19) and $0.46 per Class B share (versus $0.03 in Q2-19) * Backlog of $179.6 million at June 30, 2020, up 12% from year-end * Cash flow provided by operating activities of $8.8 millionNon-GAAP financial measures, such as Non-GAAP net earnings, Non-GAAP EPS, EBITDA and Adjusted EBITDA, exclude the impact of acquisition-related costs and restructuring charges. Please refer to the financial information included with this press release for reconciliations of GAAP financial measures to Non-GAAP financial measures and our explanation of why we present Non-GAAP financial measures.CEO CommentsDaniel Bernstein, President and CEO, said, “Throughout the second quarter, our focus was two-fold as we face a new-normal in the COVID-19 environment. Our first priority has been to ensure the safety and well-being of Bel's associates around the world as we continue to provide essential products to our customer base. The global operations team has done an excellent job of keeping our business running while maintaining full compliance with new safety measures, and responding quickly and effectively to changes in local regulations. All of Bel's facilities are operational as of today, albeit at slightly reduced efficiency levels. "The second priority is improved profitability, and we were pleased to see the benefits of our recent efforts in Bel's financial results for the second quarter. Our gross profit margin improved by 520 basis points from last year's second quarter, resulting in $5.0 million of incremental gross profit, despite a reduction in sales. This improvement in margin was largely due to our reducing fixed operating costs while rationalizing our customer base and product portfolio to focus the business on higher profit opportunities. Fixed costs within cost of sales were $4.8 million lower as compared to last year's second quarter with savings being realized throughout each of Bel's product segments. This reduction in fixed costs includes $1.0 million in subsidies received during the quarter from the Chinese government, which helped to offset the impact of COVID-related inefficiencies and $0.3 million of direct COVID-related costs incurred during the quarter. The foreign exchange environment was also more favorable in the second quarter of 2020 as compared to the second quarter of 2019, particularly related to the Chinese Renminbi and Mexican Peso, resulting in lower direct labor costs in these regions. The Company's acquisition of CUI in December 2019 generated sales of $10.6 million in the second quarter of 2020 at a gross profit margin of 39.3%, contributing 130 basis points to our consolidated gross profit margin expansion for the quarter. “Although visibility is limited for the second half of the year due to the uncertainty surrounding COVID-19, Bel's management team will continue to take meaningful steps toward its goal of improved profitability. During the second quarter of 2020, we initiated the closure of our Power R&D facility in Uster, Switzerland; these functions will be transitioned to engineering staff at other existing Bel facilities. This closure is anticipated to result in annualized cost savings of $3.0 million, with expected savings to be realized beginning in the fourth quarter of 2020. Further restructuring efforts and related incremental cost savings are expected to continue over the next 18 months as we complete the implementation of the new ERP system which will allow us to more efficiently streamline the organization. Bel will also continue the process of re-evaluating the Company's customer base and product portfolio to ensure our resources are supporting those customers and products that align with the goal of improved profitability. This may inhibit top line growth in the coming quarters,” concluded Mr. Bernstein.Financial SummaryAll comparative percentages are on a year-over-year basis, unless otherwise noted.Second Quarter 2020 ResultsNet Sales Net sales were $121.2 million, down $6.2 million, or 4.9%, from last year’s second quarter. * By product segment: Connectivity Solutions sales declined by 8.5%, Magnetic Solutions sales were lower by 8.9% and Power Solutions and Protection sales were up by 2.3%. * By geographic area: Europe sales were down by 9.5%, North America sales declined by 5.0% and Asia sales were lower by 2.3%.Gross Profit Gross profit margin increased to 26.2%, from 21.0% in the second quarter of 2019, primarily due to lower fixed overhead and support labor costs, a favorable shift in product mix and lower direct labor costs resulting from the U.S. dollar appreciating against the Mexican Peso and Chinese Renminbi in the second quarter of 2020. Fixed costs within our Cinch Connectivity Solutions segment were reduced by $1.7 million in the second quarter of 2020 as compared to the same period of 2019 as a result of aligning the cost structure with the reduction in demand from our commercial aerospace customers. Further, approximately $0.9 million of cost savings were realized within cost of sales in the second quarter of 2020 related to restructuring efforts implemented in late-2019 related to our Power Solutions and Protections and Magnetic Solutions segments. Lastly, the incremental higher-margin CUI sales accounted for a 130 basis point improvement in Bel's consolidated gross profit margin for the second quarter of 2020 as compared to the same quarter of 2019.Research and Development (R&D) Costs R&D costs were $6.1 million, a decline of $0.7 million from the second quarter of 2019. This reduction was largely the result of cost savings measures initiated in late-2019 and a more favorable exchange rate environment during the 2020 quarter.Selling, General and Administrative Expenses (SG&A) SG&A expenses were $18.1 million, down $1.2 million from the second quarter of 2019. Lower travel expenses of $0.7 million, a reduction in ERP costs of $0.4 million and savings from other cost containment efforts outweighed the $1.9 million of incremental SG&A expenses associated with the recently-acquired CUI business. SG&A expense also included a gain on the cash surrender value of COLI policies of $1.0 million in the second quarter of 2020 compared to a gain on these policies of $0.2 million in the second quarter of 2019.Operating Income Operating income was $7.5 million, up from $4.5 million in the second quarter of 2019, with an operating margin of 6.2% compared to 3.5% in the second quarter of 2019.Income Taxes The provision for income taxes was $0.4 million in the second quarter of each of 2020 and 2019. This resulted in an effective tax rate of 7.1% during the second quarter of 2020, compared to an effective tax rate of 12.4% during the same quarter last year. The change in the effective tax rate during the second quarter of 2020 as compared to the same quarter of 2019 is primarily attributable to the impact of permanent differences on U.S. tax exempt activities. Net Earnings The above factors resulted in net earnings of $5.6 million in the second quarter of 2020 as compared with net earnings of $3.0 million in the second quarter of 2019.Six Months Ended June 30, 2020 ResultsNet Sales Net sales were $225.1 million, down $27.7 million, or 10.9%, from the first half of 2019. * By product segment: Connectivity Solutions sales declined by 10.2%, Magnetic Solutions sales were lower by 16.6% and Power Solutions and Protection sales were down by 6.5%. * By geographic area: Europe sales were down by 16.2%, Asia sales declined by 15.7% and North America sales were lower by 6.4%.Gross Profit Gross profit margin increased to 25.3%, from 22.7% in the first half of 2019, primarily due to the same factors impacting the second quarter results. Fixed costs within our Cinch Connectivity Solutions segment were reduced by $3.0 million in the first half of 2020 as compared to the same period of 2019 as a result of aligning the cost structure with the reduction in demand from our commercial aerospace customers. Further, approximately $1.7 million of cost savings were realized within cost of sales during the first half of 2020 related to restructuring efforts implemented in late-2019 which were related to our Power Solutions and Protection and Magnetic Solutions segments. Lastly, the incremental higher-margin CUI sales accounted for a 120 basis point improvement in Bel's consolidated gross profit margin for the first half of 2020 as compared to the same period of 2019.Research and Development (R&D) Costs R&D costs were $12.2 million, a decline of $1.9 million from the first half of 2019. This reduction was largely the result of cost savings measures initiated in late-2019 coupled with a more favorable exchange rate environment during the first half of 2020 as compared to the same period of 2019.Selling, General and Administrative Expenses (SG&A) SG&A expenses were $40.1 million, up $1.7 million from the first half of 2019. A reduction in ERP costs of $1.4 million, lower travel expenses of $0.9 million and savings from other cost containment efforts partially offset the $4.1 million of incremental SG&A expenses associated with the recently-acquired CUI business.
- 07/31/2020
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Bel Will Report Second Quarter 2020 Results on July 31, 2020
- JERSEY CITY, N.J., July 17, 2020 -- Bel Fuse Inc. (“Bel,” or, “the Company”) (Nasdaq:BELFA and Nasdaq:BELFB), a leading supplier of products that power, protect and connect.
- 07/17/2020
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A Look At Bel Fuse's (NASDAQ:BELF.B) Share Price Returns
- If you are building a properly diversified stock portfolio, the chances are some of your picks will perform badly. But...
- 07/09/2020
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Should You Buy Bel Fuse, Inc. (BELFB)?
- The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 821 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of March 31st, 2020. […]
- 06/13/2020
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Hedge Funds Watching Bel Fuse, Inc. (BELFA) Patiently
- Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the first quarter. You can find articles about an individual hedge fund's trades on numerous financial […]
- 06/04/2020
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Bel Fuse Inc. Announces Plans to Adjourn May 19, 2020 Annual Shareholders’ Meeting and Reschedule to Virtual Format
- JERSEY CITY, N.J., May 15, 2020 -- BEL FUSE INC. (NASDAQ:BELFA) and (NASDAQ:BELFB) today announced that the Board plans to adjourn its 2020 Annual Shareholders’ meeting that.
- 05/15/2020
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Bel Fuse Inc. Announces Regular Quarterly Cash Dividend on its Class A and Class B Shares
- JERSEY CITY, N.J., May 06, 2020 -- BEL FUSE INC. (NASDAQ:BELFA) and (NASDAQ:BELFB) today announced that its Board of Directors has declared regular quarterly cash dividends of.
- 05/06/2020
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Bel Fuse: Q1 Earnings Insights
- Shares of Bel Fuse (NASDAQ:BELFA) remained unaffected at $7.11 after the company reported Q1 results.Quarterly Results Earnings per share decreased 240.00% year over year to ($0.28), which beat the estimate of ($0.30).Revenue of $103,978,000 lower by 17.08% year over year, which missed the estimate of $115,000,000.Outlook Bel Fuse hasn't issued any earnings guidance for the time being.Bel Fuse hasn't issued any revenue guidance for the time being.Details Of The Call Date: May 01, 2020View more earnings on BELFATime: 11:05 AM ETWebcast URL: https://edge.media-server.com/mmc/p/mybb8rsgTechnicals Company's 52-week high was at $20.6452-week low: $6.08Price action over last quarter: down 40.45%Company Profile Bel Fuse Inc designs and manufactures electronic components that protect and connect electronic circuits. Its product portfolio is divided into three categories namely, magnetic solutions, power solutions and protection, and connectivity solutions. These products are used for the computer, networking, telecommunications, transportation and defense/aerospace, automotive, medical and consumer electronics industries. Its segments consist of North America, Asia, and Europe with most of the revenues derived from North America.See more from Benzinga * Recap: Virtus Investment Q1 Earnings * Recap: Berry Global Group Q2 Earnings * Recap: Magellan Midstream Q1 Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 05/01/2020
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Bel Reports First Quarter 2020 Results
- JERSEY CITY, N.J., May 01, 2020 -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a designer, manufacturer and provider of products that power, protect and connect electronic.
- 05/01/2020
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Bel Fuse, Inc. (NASDAQ:BELFB) Sees Significant Growth in Short Interest
- Bel Fuse, Inc. (NASDAQ:BELFB) was the target of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 221,900 shares, an increase of 6.2% from the March 15th total of 208,900 shares. Approximately 2.3% of the shares of the stock are short sold. Based on […]
- 04/20/2020
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Bel Will Report First Quarter 2020 Results on May 1, 2020
- JERSEY CITY, N.J., April 16, 2020 -- Bel Fuse Inc. (“Bel,” or, “the Company”) (Nasdaq:BELFA and Nasdaq:BELFB), a leading supplier of products that power, protect and connect.
- 04/16/2020
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Axa Has $654,000 Holdings in Bel Fuse, Inc. (NASDAQ:BELFB)
- Axa lifted its position in Bel Fuse, Inc. (NASDAQ:BELFB) by 45.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,900 shares of the electronics maker’s stock after buying an additional 9,900 shares during the quarter. Axa owned about 0.26% of Bel […]
- 04/03/2020
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Edited Transcript of CUI earnings conference call or presentation 30-Mar-20 9:00pm GMT
- Q4 2019 CUI Global Inc Earnings Call
- 03/31/2020
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Sales Gallery now open at Prior’s Pointe; Bayonne and BCB promote a cleaner city | Business Notes
- The Weingarten Group has announced that the sales gallery is now open at Prior’s Pointe in Jersey City; BCB Bank has teamed with the City of Bayonne to help residents conveniently adapt to the city’s new ban on single-use plastic bags.
- 03/19/2020
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Weekly Summary Corporate dividends, name changes, new listings
- NEW YORK (AP) — Changes announced in corporate dividends Feb. 24-Feb. 28. INCREASED DIVIDENDS Albemarle Corp .385 from .07 Allison Transmission Hldgs .17 from .15 Assured Guaranty Ltd .20 from .18 BWX Technologies .19 from .17 Bel Fuse Inc Cl B .07 from .06 Best Buy Co .55 from .50 Camping World .08 from .07 Capital City Bank Group .14 from .13 CenterState Bank .14 from .10 Chicos FAS Inc .09 from .0875 Cogent Communications .66 from .64 Comfort Systems USA .105 from .10 Compx International .10 from .07 Delek US Holdings .31 from .30 Digital Realty Trust 1.12 from 1.08 Dine Brands Global .76 from .69 Employers Holdings .25 from .22 EOG Resources .375 from .2875 Everest RE Group Ltd 1.55 from 1.40 Essex Property Trust 2.0775 from 1.95 FBL Financial Group .50 from .48 Farmers & Merchants .27 from .16 Farmers National Banc .11 from .10 Fauquier Bankshares .125 from .12 Federal Agricultural Mortgage .80 from .70 Fifth Third Bancorp .27 from .24 Financial Institutions .26 from .25 First Savings Finl Grp .17 from .16 Flowserve Corp .20 from .19 Genco Shipping & Trading .175 from .125 Great Ajax Corp .32 from .30 Hill-Rom Holdings .22 from .21 Home Depot 1.50 from 1.36 Lamar Advertising 1.00 from .96 La-Z-Boy Inc .14 from .13 McGrath Rentcorp .42 from .375 MGP Ingredients .12 from .10 Northrim Bancorp .34 from .33 Outfront Media .38 from .36 Redwood Trust .32 from .30 Sempra Energy 1.045 from .9675 Silgan Holdings Inc .12 from .11 Southwest Gas Holdings .57 from .545 SpartanNash Co .1925 from .19 Stantec Inc g .155...
- 02/28/2020
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Bel Reports Fourth Quarter and Full Year 2019 Results
- JERSEY CITY, N.J., Feb. 20, 2020 -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB) today announced preliminary financial results for the fourth quarter and full year of 2019. Fourth.
- 02/20/2020
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Bel Appoints Thomas E. Dooley and Dr. Rita Smith to Board of Directors
- Bel also announced that Robert H. Simandl and Norman Yeung have retired from Bel’s board effective today. Mr. Simandl served on Bel’s board since 1967 and was additionally a committee member on Bel’s Executive and Nominating committees.
- 02/19/2020
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North Bergen branch for Kearny Bank; Learn tax deductions that will save you thousands | Business Notes
- Kearny Bank has opened a branch in North Bergen, with local, Union City resident Edna Rios serving as Assistant VP and Retail Relationship Manager; Kearny Point will be hosting "9 Business Tax Deductions That Can Save You Thousands" on Wednesday, Feb. 19.
- 02/18/2020
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Edited Transcript of BELFA earnings conference call or presentation 22-Feb-18 4:00pm GMT
- Q4 2017 Bel Fuse Inc Earnings Call
- 02/17/2020
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Bel Will Report Fourth Quarter and Full Year 2019 Results on February 20, 2020
- JERSEY CITY, N.J., Feb. 12, 2020 -- Bel Fuse Inc. (“Bel,” or, “the Company”) (Nasdaq:BELFA and Nasdaq:BELFB), a leading supplier of products that power, protect and connect.
- 02/12/2020
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Bel Will Participate in 22nd Annual Needham Growth Conference in New York City on January 15, 2020
- JERSEY CITY, N.J., Jan. 13, 2020 -- Bel Fuse Inc. (“Bel,” or, “the Company”) (Nasdaq:BELFA and Nasdaq:BELFB), a leading supplier of products that power, protect and connect.
- 01/13/2020
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Hedge Funds Have Never Been More Bullish On Bel Fuse, Inc. (BELFA)
- Is Bel Fuse, Inc. (NASDAQ:BELFA) a good place to invest some of your money right now? We can gain invaluable insight to help us answer that question by studying the investment trends of top investors, who employ world-class Ivy League graduates, who are given immense resources and industry contacts to put their financial expertise to […]
- 12/24/2019
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Bel Fuse, Inc. (BELFB): Hedge Funds In Wait-and-See Mode
- Is Bel Fuse, Inc. (NASDAQ:BELFB) a good stock to buy right now? We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and 20 payment structure, hedge funds have more incentives and resources than the average investor. The funds […]
- 12/19/2019
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Bel Closes on Acquisition of CUI Inc. Power Assets
- Bel Fuse Inc. (“Bel,” or, “the Company”) (Nasdaq:BELFA and Nasdaq:BELFB), a leading supplier of products that power, protect and connect electronic circuits, today announced that the Company has closed on its previously-announced asset purchase agreement (the “Agreement”) with CUI Global Inc. (CUI) related to the purchase of the majority of the power business of CUI Inc. The acquired business had trailing twelve-month sales of approximately $37 million and is expected to be accretive to Bel’s consolidated net earnings by the second quarter of 2020. Bel will continue to operate the business from CUI Inc.’s leased ISO 9001:2015-certified facility in Tualatin, Oregon.
- 12/03/2019
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CUI Global Closes Sale Of Power Business To Bel Fuse For $32 Million
- CUI Global, Inc. (NASDAQ: CUI), (the "Company") today announced the completion of the sale of the majority of its Power business to Bel Fuse (Nasdaq: BELFA and Nasdaq: BELFB) for $32.0 million in cash, subject to post-closing adjustments. The Company expects to utilize the proceeds from the sale to implement its strategy to build an infrastructure services company and for general corporate purposes.
- 12/03/2019
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CUI Global Agrees To Sell Power Business To Bel Fuse
- - CUI Global Retains Investment in Virtual Power Systems - TUALATIN, Ore. and JERSEY CITY, N.J. , Nov. 11, 2019 /PRNewswire/ -- CUI Global, Inc. (Nasdaq: CUI) ("CUI Global") and Bel Fuse Inc. ...
- 11/11/2019
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Bel Reports Third Quarter 2019 Results
- JERSEY CITY, N.J., Oct. 30, 2019 -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB) today announced preliminary financial results for the third quarter of 2019. Third Quarter 2019.
- 10/30/2019
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Bel Will Report Third Quarter 2019 Results on October 30, 2019
- JERSEY CITY, N.J., Oct. 16, 2019 -- Bel Fuse Inc. (“Bel,” or, “the Company”) (Nasdaq:BELFA and Nasdaq:BELFB), a leading supplier of products that power, protect and connect.
- 10/16/2019
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Bel Reports Second Quarter 2019 Results
- JERSEY CITY, N.J., Aug. 01, 2019 -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB) today announced preliminary financial results for the second quarter of 2019. Second Quarter.
- 08/01/2019
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Bel Will Report Second Quarter 2019 Results on August 1, 2019
- JERSEY CITY, N.J., July 18, 2019 -- Bel Fuse Inc. (“Bel,” or, “the Company”) (Nasdaq:BELFA and Nasdaq:BELFB), a leading supplier of products that power, protect and connect.
- 07/18/2019
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