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Stock impact report

Belden Reports Strong Results for Second Quarter 2018

Belden Inc (BDC) 
Last belden inc earnings: 4/29 07:30 am Check Earnings Report
Company Research Source: Business Wire
ST. 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 2018 results for the period ended July 1, 2018. Second Quarter 2018 On a GAAP basis, revenues for the quarter totaled $668.6 million, increasing $58.0 million, or 9.5%, compared to $610.6 million in the second quarter 2017. Net income was $28.9 million, a decrease of $7.1 million from the prior-year period. Net income included after-tax restructuring and acquisition integration costs of $18.8 million, primarily related to the acquisition of Snell Advanced Media (“SAM”), which was completed during the first quarter 2018. Net income as a percentage of revenues was 4.3% compared to 5.9% in the prior-year period. EPS was $0.49 compared to $0.64 in the second quarter 2017. Adjusted revenues f Show less Read more
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