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Bel Fuse Inc (BELFB.OQ)

BELFB.OQ on NASDAQ Stock Exchange Global Select Market

24.72USD
15 Feb 2019
Change (% chg)

$0.72 (+3.00%)
Prev Close
$24.00
Open
$24.23
Day's High
$24.82
Day's Low
$24.23
Volume
11,345
Avg. Vol
9,051
52-wk High
$28.80
52-wk Low
$16.62

Latest Key Developments (Source: Significant Developments)

Bel Provides Fourth Quarter 2018 Update
Tuesday, 15 Jan 2019 03:24pm EST 

Jan 15 (Reuters) - Bel Fuse Inc ::BEL PROVIDES FOURTH QUARTER 2018 UPDATE.SEES Q4 2018 SALES ABOUT $143 MILLION.SEES FY 2018 SALES ABOUT $548 MILLION.SEES Q4 2018 SALES UP 19 PERCENT.Q4 2018 BOOKINGS CONTINUED TO HAVE YEAR-OVER-YEAR IMPROVEMENT.BACKLOG OF ORDERS WAS $171.2 MILLION AT DECEMBER 31, 2018, UP 17% FROM $146.5 MILLION AT DECEMBER 31, 2017.ANTICIPATES ANNUAL BOOKINGS FOR 2018 TO APPROXIMATELY $578 MILLION.  Full Article

Bel Reports Third Quarter 2018 Results
Thursday, 1 Nov 2018 07:30am EDT 

Nov 1 (Reuters) - Bel Fuse Inc ::BEL REPORTS THIRD QUARTER 2018 RESULTS.Q3 SALES ROSE 15.9 PERCENT TO $146.5 MILLION.Q3 NON-GAAP EARNINGS PER SHARE $0.70.Q3 GAAP EARNINGS PER SHARE $0.89.QUARTER END $185.1 MILLION IN BACKLOG REPRESENTS AN INCREASE OF $38.6 MILLION, OR 26%, FROM DECEMBER 31, 2017.  Full Article

Bel Sees FY 2017 Sales Of $492 Million
Wednesday, 17 Jan 2018 04:30pm EST 

Jan 17 (Reuters) - Bel Fuse Inc ::BEL PROVIDES FOURTH QUARTER 2017 UPDATE.SEES FY 2017 SALES $492 MILLION.SEES Q4 2017 SALES $120 MILLION.SEES Q4 2017 SALES UP 1.2 PERCENT.- BACKLOG OF ORDERS WAS $146.5 MILLION AT DEC 31, 2017.BEL FUSE - IMPACT OF NEW TAX LAW TO RESULT IN INCREMENTAL TAX PROVISION OF ABOUT $20 MILLION, MOSTLY ATTRIBUTABLE TO DEEMED REPATRIATION OF FOREIGN INCOME.BEL FUSE - INCREMENTAL TAX WOULD BE RECORDED IN CO'S RESULTS OF OPERATIONS DURING Q4 2017.- ANTICIPATES TAX RATE APPLICABLE TO 2018 U.S. EARNINGS WILL BE IN RANGE OF 27% TO 29% VERSUS 38% IN 2017.  Full Article

Bel Fuse Amends To Credit And Security Agreement
Friday, 15 Dec 2017 01:51pm EST 

Dec 15 (Reuters) - Bel Fuse Inc ::BEL FUSE SAYS EFFECTIVE ON DEC 11, CO ENTERED INTO AMENDMENT TO CREDIT AND SECURITY AGREEMENT - SEC FILING.AMENDMENT TO INCREASE REVOLVING CREDIT FACILITY TO $75 MILLION; EXTEND MATURITY DATE OF REVOLVING CREDIT FACILITY TO DEC 10, 2022.AMENDMENT TO INCREASE AMOUNT OF TERM LOAN A TO $125 MILLION, PORTION OF WHICH USED TO SATISFY IN FULL CO'S EXISTING DELAYED DRAW TERM LOAN.  Full Article

Bel Fuse says Q3 GAAP earnings per share $0.40
Friday, 3 Nov 2017 07:30am EDT 

Nov 3 (Reuters) - Bel Fuse Inc -:Bel reports third quarter 2017 results.Q3 sales fell 1.9 percent to $126.4 million.Q3 GAAP earnings per share $0.40.Bel Fuse Inc - qtrly non-GAAP Class A EPS $0.42.Bel Fuse Inc - qtrly ‍GAAP earnings per class b share $0.42​.Bel Fuse Inc - qtrly non-GAAP Class B EPS $0.44.Bel Fuse Inc - ‍by end of Q3, implemented cost savings measures equating to $1 million in annualized cost savings​.  Full Article

Bel Fuse files for mixed shelf of up to $140 mln
Monday, 12 Jun 2017 03:43pm EDT 

June 12 (Reuters) - Bel Fuse Inc :Bel Fuse Inc files for mixed shelf of up to $140.0 million - sec filing.  Full Article