Bel Fuse (BELFB) Tops Q2 EPS by 6c
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Bel Second Quarter GAAP Net Earnings Increase 98%, Adjusted Net Earnings Increase 40% on New Record Sales
July 29, 2015 8:30 AM EDTJERSEY CITY, N.J.--(BUSINESS WIRE)-- Bel Fuse Inc. (NASDAQ:BELFA and NASDAQ: BELFB) today announced preliminary financial results for the second quarter and first half of 2015.
Second Quarter Highlights
Net sales increased 46.5% to a second quarter record $145.7 million as compared with net sales of $99.4 million for the second quarter of 2014. GAAP Net earnings per share "EPS" -- were $0.49 per Class A share and $0.52 per Class B share as compared with EPS of $0.25 per Class A share and $0.27 per Class... More