Belden (BDC) Tops Q2 EPS by 8c
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Belden Reports Solid Results for Second Quarter 2017
August 2, 2017 7:30 AM EDTST. LOUIS--(BUSINESS WIRE)-- Belden Inc. (NYSE: BDC), a global leader in high quality, end-to-end signal transmission solutions for mission-critical applications, today reported fiscal second quarter 2017 results for the period ended July 2, 2017.
Second Quarter 2017
On a GAAP basis, revenues for the quarter totaled $610.6 million, increasing $9.0 million, or 1.5%, compared to $601.6 million in the second quarter 2016. Net income was $36.0 million, a decrease of $6.1 million compared to the prior-year period, primarily due to a $6.0 million increase in income tax expense. This was the result of discrete incremental benefits from tax planning... More
