Belden, Inc. (BDC) PT Raised to $70 at Stifel
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Belden Reports Results for Fourth Quarter and Full Year 2018
February 20, 2019 7:30 AM ESTST. 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 fourth quarter and full year 2018 results for the period ended December 31, 2018.
Fourth Quarter 2018
On a GAAP basis, revenues for the quarter totaled $655.4 million, increasing $50.5 million, or 8.4%, compared to $604.9 million in the prior-year period. Net income was $43.5 million, an increase of $13.0 million, or 42.6%, compared to $30.5 million in the year-ago period. Net income in the fourth quarter 2017 was negatively impacted by a one-time charge related to the... More
