Belden (BDC) Tops Q3 EPS by 7c, Offers Outlook
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Belden Reports Solid Results for Third Quarter 2017
November 1, 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 third quarter 2017 results for the period ended October 1, 2017.
Third Quarter 2017
On a GAAP basis, revenues for the quarter totaled $621.7 million, increasing $20.6 million, or 3.4%, compared to $601.1 million in the third quarter 2016. Net income was $1.0 million, a decrease of $35.1 million from the prior-year period. Net income was impacted by a $32.2 million after-tax loss on debt extinguishment related to our recent debt refinancing and repayment. Net income as a percentage... More
