Bel Reports Fourth Quarter and Full Year 2016 Results
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Needham & Company Maintains Hold Rating on Bel Fuse (BELFB); 'All Segments Took a Step Back'
February 21, 2017 6:40 AM ESTNeedham & Company analyst Sean Hannan maintains Hold rating on Bel Fuse Inc. (NASDAQ: BELFB), noting continued optimism in the turnaround story, despite the company reporting 2016 fourth quarter revenues and EPS that missed consensus projections, offering disappointing quarter over quarter results from all... More
Bel Fuse (BELFA) Reports Q4 EPS of $0.31
February 17, 2017 7:35 AM ESTBel Fuse (NASDAQ: BELFA) reported Q4 EPS of $0.31, versus $0.33 reported last year. Revenue for the quarter came in at $118.5 million, versus $135.2 million reported last year.
Fourth Quarter 2016 Highlights
Net sales were $118.5 million for the fourth quarter of 2016, representing a 12.4% decline from $135.2 million in the fourth quarter of... More