Belden (BDC) Tops Q2 EPS by 14c

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Go back to Belden (BDC) Tops Q2 EPS by 14c

Belden Reports Record Quarterly Results

August 3, 2023 7:30 AM EDT

ST. LOUIS--(BUSINESS WIRE)-- Belden Inc. (NYSE: BDC) (the Company), a leading global supplier of network infrastructure and digitization solutions, today reported fiscal second-quarter results for the period ended July 2, 2023.

Second Quarter 2023 Highlights

Record Revenues of $692 million, +4% y/y Organic Growth of +5% y/y GAAP EPS of $1.60, +22% y/y Record Adjusted EPS of $1.91, +19% y/y Increased full-year 2023 EPS guidance Executed $36 million of share repurchases during the quarter, and $90 million year to date through July

We had another quarter of outstanding... More