Noticias y vídeos - BEL FUSE INC.

WEST ORANGE, N.J., April 25, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc . (Nasdaq: BELFA and BELFB) today announced preliminary financial results for the first quarter of 2024. First Quarter 2024 Highlights • Net sales of $128.1 million compared to $172.3 million in Q1-23 • Gross profit margin of 37.5%, up from 31.1% in Q1-23 • Net earnings of $15.9 million versus $14.6 million in Q1-23 • Adjusted EBITDA of $24.5 million (19.2% of sales) as compared to $28.1 million (16.3% of sales) in Q1-23...

WEST ORANGE, N.J., April 11, 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 first quarter after market close on Thursday, April 25, 2024. An earnings conference call has been scheduled as follows: When: Friday, April 26, 2024 at 8:30 a.m. ET Dial in: 877.407.0784, or international: 201.689.8560 Online:...

WEST ORANGE, N.J., March 07, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB) (“Bel” or the “Company”), a designer, manufacturer, and provider of products that power, protect and connect electronic circuits, today announced that John Tweedy will retire from the Board and not stand for re-election at the Company’s 2024 Annual Meeting of Shareholders. The Board of Directors plans to nominate David Valletta to join the Board in 2024. Mr. Tweedy has served on Bel’s Board...

WEST ORANGE, N.J., March 05, 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 the following conference participation: What: 36 th Annual Roth Conference When: March 19 –Meetings throughout the day Where: Laguna Niguel Who: Farouq Tuweiq, CFO About Bel Bel ( www.belfuse.com ) designs, manufactures and markets a broad array of products that power, protect and...

WEST ORANGE, N.J., Feb. 27, 2024 (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 May 1, 2024 to shareholders of record on April 15, 2024. Bel currently has approximately 12,762,000 common shares...

WEST ORANGE, N.J., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc . (Nasdaq: BELFA and BELFB) today announced preliminary financial results for the fourth quarter and full year of 2023. Fourth Quarter 2023 Highlights • Net sales of $140.0 million compared to $169.2 million in Q4-22. Non-GAAP adjusted net sales (which exclude expedite fee revenue) were $139.6 million in Q4-23 as compared to $158.7 million in Q4-22 • Gross profit margin of 36.6%, up from 31.0% in Q4-22 • Net earnings of...

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: When: Thursday, February 22, 2024 at 8:30 a.m. ET Dial in: Toll free – 877.407.0784, or international...

WEST ORANGE, N.J., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB) , a leading global manufacturer of products that power, protect, and connect electronic circuits, is pleased to announce a significant leadership change with the appointment of Steve Dawson as the new President of Bel Power Solutions and Protection, effective July 2024. Dawson will succeed Dennis Ackerman, who has played a pivotal role in the company's growth and success the past 37 years. Dawson brings...

WEST ORANGE, N.J., Jan. 11, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc (Bel), a leading global manufacturer of products that power, protect, and connect electronic circuits, proudly marks its 75th anniversary today. Located in the heart of New Jersey, Bel has evolved from a fuse business servicing the auto aftermarket to a global supplier of connectors, power supplies, magnetics and circuit protection products serving cutting-edge industries such as e-mobility, aerospace, industrial, networking and...

WEST ORANGE, N.J., Jan. 03, 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 the following conference participation: What: 26 th Annual Needham Growth Conference When: January 17 – Presentation at 8:45 AM with meetings throughout the day Where: Lotte New York Palace, New York Who: Farouq Tuweiq, CFO Lynn Hutkin, VP Financial Reporting & Investor Relations...

WEST ORANGE, N.J., Dec. 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 participate in the Oppenheimer (Virtual) Summit on December 13 -14. 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,...

WEST ORANGE, N.J., Nov. 01, 2023 (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 February 1, 2024 to shareholders of record on January 15, 2024. Bel currently has approximately 12,773,000 common shares...

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: Baird Global Industrial Conference (Chicago) Farouq Tuweiq, CFO Lynn Hutkin, VP Financial Reporting & Investor Relations Tuesday, November 7, 2023 Ritz Carlton, Chicago, IL Conducting meetings throughout the day with the presentation at 3:30...

WEST ORANGE, N.J., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Bel Fuse Inc . (Nasdaq: BELFA and BELFB) today announced preliminary financial results for the third quarter of 2023. Third Quarter 2023 Highlights Net sales of $158.7 million compared to $177.7 million in Q3-22. Non-GAAP adjusted net sales (which exclude raw material expedite fee revenue) were $157.7 million in Q3-23, down from $168.3 million in Q3-22 Gross profit margin of 35.0%, up from 29.0% in Q3-22 Net earnings of $19.4 million versus...

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: When: Thursday, October 26, 2023 at 8:30 a.m. ET Dial in: Toll free – 877.407.0784, or international –...

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: Needham 12 th Annual Virtual Industrial Tech, Robotics & Clean Tech Conference (Virtual) Farouq Tuweiq, CFO Lynn Hutkin, VP Financial Reporting & Investor Relations Monday, August 7, 2023 Conducting virtual meetings throughout the...

JERSEY CITY, N.J., Aug. 02, 2023 (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 November 1, 2023 to shareholders of record on October 13, 2023. Bel currently has approximately 12,780,000 common shares...

WEST ORANGE, N.J., July 26, 2023 (GLOBE NEWSWIRE) -- Bel Fuse Inc . (Nasdaq: BELFA and BELFB) today announced preliminary financial results for the second quarter of 2023. Second Quarter 2023 Highlights • Net sales of $168.8 million compared to $170.6 million in Q2-22. Non-GAAP adjusted net sales (which exclude raw material expedite fee invoicing) were $163.1 million in Q2-23, up from $161.4 million in Q2-22 • Gross profit margin of 32.9%, up from 26.6% in Q2-22 • Net earnings of $27.8...

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: When: Thursday, July 27, 2023 at 8:30 a.m. ET Dial in: Toll free – 877.407.0784, or international –...

JERSEY CITY, N.J., June 26, 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 that it has closed on the sale of its building in Jersey City, New Jersey for $5.9 million. Bel’s corporate headquarters have been based in Jersey City for over 60 years, with the building at 206 Van Vorst Street utilized as its corporate headquarters for the past 20 years. Bel’s corporate...