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0 0.000308776640375898 0 0.000605806343346158 0.000570565531129366 -0.000167813391508609 -0.0045309615707334 -0.00436314817922467
Stock impact report

Bel Fuse Shares Slide Premarket on Disappointing Sales [MarketWatch]

Bel Fuse Inc. - Class A (BELFA) 
US:NASDAQ Investor Relations: ir.belfuse.com/investor-relations
Company Research Source: MarketWatch
Bel Fuse Class B shares, which closed Wednesday at $70.11, were recently down nearly 22% to $55 in light premarket trading. Advertisement After the closing bell on Wednesday, Bel Fuse reported fourth-quarter sales of $140 million, down 17% from $169.2 million a year earlier and below the $151.9 million that analysts polled by FactSet, on average, were expecting. The West Orange, N.J., company also forecast first-quarter sales of $125 million to $135 million, well short of the $152.1 million penciled in by Wall Street. Write to Colin Kellaher at colin.kellaher@wsj.com Show less Read more
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