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Belden: Q1 Earnings Snapshot

Belden: Q1 Earnings Snapshot

By AP News
Published - May 03, 2023, 07:51 AM ET
Last Updated - Jun 21, 2023, 11:30 PM EDT

ST. LOUIS (AP) — ST. LOUIS (AP) — Belden Inc. (BDC) on Wednesday reported first-quarter net income of $63.2 million.

The St. Louis-based company said it had net income of $1.45 per share. Earnings, adjusted for one-time gains and costs, were $1.68 per share.

The communications equipment company posted revenue of $641.8 million in the period.

For the current quarter ending in June, Belden expects its per-share earnings to range from $1.70 to $1.80.

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