Was That It?; Downgrading Discretionary and Energy Volatility finally picked up last Friday, and the S&P 500 (SPX) and Nasdaq 100 (QQQ) both gapped lower to close below their 20-day MAs for the first time in over three months. With that said, all of the major indexes (SPX, QQQ, DJI, IWM) rallied yesterday to fill their gaps from Friday and SPX and QQQ have reclaimed above their 20-day MAs; this is a bullish signal that suggests any further pullback is likely to be relatively shallow, and should ...
Bel Fuse Announces Participation in the 16th Annual Midwest IDEAS Conference WEST ORANGE, N.J., Aug. 15, 2025 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a leading global manufacturer of products that power, protect and connect electronic circuits, today announced its participation in the 16th Annual Midwest IDEAS Conference: 16th Annual Midwest IDEAS ConferenceLynn Hutkin, CFOMark Hodkinson, VP Finance & Corporate ControllerTuesday, August 26, 2025InterContinental Chicago Magnificent MileConducting meetings throughout the day with a presentation at 10:15am ET The inves...
Bel Fuse Inc. Announces Regular Quarterly Cash Dividend on its Class A and Class B Shares WEST ORANGE, N.J., July 31, 2025 (GLOBE NEWSWIRE) -- BEL FUSE INC. (NASDAQ:BELFA) and (NASDAQ:BELFB) today announced that its Board of Directors has declared regular quarterly cash dividends of $0.06 per share on the Company's Class A common shares and $0.07 per share on the Company's Class B common shares. Cash dividends for Class A and Class B common shares are payable on October 31, 2025 to shareholders of record on October 15, 2025. Bel currently has approximately 12,663,000 common shares ...
Bel Reports Second Quarter and First Half 2025 Results WEST ORANGE, N.J., July 24, 2025 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB) today announced preliminary financial results for the second quarter and first half of 2025. Second Quarter 2025 Highlights Net sales of $168.3 million compared to $133.2 million in Q2-24. Up 26.3% from Q2-24Gross profit margin of 38.7%, compared to 40.1% in Q2-24GAAP net earnings attributable to Bel shareholders of $26.9 million versus GAAP net earnings attributable to Bel shareholders of $18.8 million in Q2-24Adjusted EBITDA of $35.2 milli...
Bel Fuse Schedules Second Quarter 2025 Financial Results Conference Call WEST ORANGE, N.J., July 11, 2025 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a designer, manufacturer, and provider of products that power, protect and connect electronic circuits, today announced plans to release preliminary financial results for the second quarter after market close on Thursday, July 24, 2025. An earnings conference call has been scheduled as follows: When:Friday, July 25, 2025 at 8:30 a.m. ET Dial in:877.407.0784, or international: 201.689.8560 Online: How:Live over the intern...
Farouq Tuweiq Assumes CEO Role Daniel Bernstein Transitions to Chairman of the Board WEST ORANGE, N.J., May 27, 2025 (GLOBE NEWSWIRE) -- A New Chapter for Bel Fuse Inc. Today marks an exciting milestone in Bel Fuse’s journey. After more than two decades leading the company as President and Chief Executive Officer — and over 45 years of service — Dan Bernstein will be stepping into a new role as Chairman of the Board following today’s Annual Meeting of Shareholders. Dan’s tenure as CEO began in 2001, and during that time, he led Bel through a period of significant transformation. U...
Bel Appoints Lynn Hutkin as Chief Financial Officer WEST ORANGE, N.J., May 20, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Bel Fuse Inc. (Nasdaq: BELFA and BELFB) (“Bel” or the “Company”) today announced the appointment of Lynn Hutkin as Bel’s Chief Financial Officer (CFO) effective immediately following Bel’s Annual Meeting of Shareholders to be held May 27, 2025. She will be responsible for Bel’s financial strategies and will lead the global finance organization, including planning, treasury, tax, reporting and investor relations. In her new role Ms. Hutkin is succeeding Farouq T...
Bel Fuse Inc. Announces Regular Quarterly Cash Dividend on its Class A and Class B Shares WEST ORANGE, N.J., April 28, 2025 (GLOBE NEWSWIRE) -- BEL FUSE INC. (NASDAQ:BELFA) and (NASDAQ:BELFB) today announced that its Board of Directors has declared regular quarterly cash dividends of $0.06 per share on the Company's Class A common shares and $0.07 per share on the Company's Class B common shares. Cash dividends for Class A and Class B common shares are payable on August 1, 2025 to shareholders of record on July 15, 2025. Bel currently has approximately 12,667,000 common shares ...
Bel Fuse Announces Upcoming Investor Conference Schedule for May 2025 WEST ORANGE, N.J., April 28, 2025 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a leading global manufacturer of products that power, protect and connect electronic circuits, today announced its investor conference schedule for May 2025: Oppenheimer’s 20th Annual Industrial Growth Conference (Virtual)Farouq Tuweiq, CFOLynn Hutkin, VP Financial Reporting & Investor RelationsThursday, May 8, 2025Conducting meetings throughout the day with a fireside chat at 12:45 pm ET 22nd Annual Craig-Hallum Institution...
Bel Reports First Quarter 2025 Results WEST ORANGE, N.J., April 24, 2025 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB) today announced preliminary financial results for the first quarter of 2025. First Quarter 2025 Highlights •Net sales of $152.2 million compared to $128.1 million in Q1-24. Excluding $32.4 million of contribution from Enercon, organic sales down 6.4% from Q1-24.•Gross profit margin of 38.6%, up from 37.5% in Q1-24•GAAP net earnings attributable to Bel shareholders of $17.9 million versus $15.9 million in Q1-24•Non-GAAP net earnings attributable to Bel sh...
Bel Fuse Schedules First Quarter 2025 Financial Results Conference Call WEST ORANGE, N.J., April 11, 2025 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a designer, manufacturer, and provider of products that power, protect and connect electronic circuits, today announced plans to release preliminary financial results for the first quarter after market close on Thursday, April 24, 2025. An earnings conference call has been scheduled as follows: When:Friday, April 25, 2025 at 8:30 a.m. ETDial in:877.407.0784, or international: 201.689.8560Online:How:Live over the internet – S...
Bel Announces Grand Opening of New Facility in India WEST ORANGE, N.J., March 07, 2025 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB) (“Bel” or the “Company”) today announced the grand opening of its new facility in Manesar, Gurugram, India, a critical milestone following Bel’s acquisition of Enercon in November 2024. The original Enercon factory in India, which this replaces, was opened in 2018 and grew from 17 associates to over 200 associates today. The new facility will enable our Power Solutions and Protection segment to double its manufacturing capacity in India. This e...
Bel Fuse Inc. Announces Regular Quarterly Cash Dividend on its Class A and Class B Shares WEST ORANGE, N.J., Feb. 19, 2025 (GLOBE NEWSWIRE) -- BEL FUSE INC. (NASDAQ:BELFA) and (NASDAQ:BELFB) today announced that its Board of Directors has declared regular quarterly cash dividends of $0.06 per share on the Company's Class A common shares and $0.07 per share on the Company's Class B common shares. Cash dividends for Class A and Class B common shares are payable on May 1, 2025 to shareholders of record on April 15, 2025. Bel currently has approximately 12,540,000 common shares outstand...
Bel Reports Fourth Quarter and Full Year 2024 Results WEST ORANGE, N.J., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB) today announced preliminary financial results for the fourth quarter and full year of 2024. Fourth Quarter 2024 Highlights Net sales of $149.9 million compared to $140.0 million in Q4-23. Excluding $20.8 million of contribution from Enercon, organic sales down 7.8% from Q4-23.Gross profit margin of 37.5%, up from 36.6% in Q4-23 GAAP net loss attributable to Bel shareholders of $1.8 million versus GAAP net earnings attributable to Bel shareho...
Farouq Tuweiq to Succeed Daniel Bernstein as CEO of Bel Fuse Inc. in May 2025 WEST ORANGE, N.J., Feb. 03, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Bel Fuse Inc. (Nasdaq: BELFA and BELFB) (“Bel” or the “Company”) today announced an upcoming transition in the Chief Executive Officer position at Bel. After 24 years as Bel’s Chief Executive Officer and 46 total years of service at the Company, Daniel Bernstein will step down as President and CEO effective immediately following Bel’s 2025 Annual Meeting of Shareholders, currently scheduled for May 27, 2025. Bernstein will transition ...
Bel Fuse Schedules Fourth Quarter 2024 Financial Results Conference Call WEST ORANGE, N.J., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a designer, manufacturer, and provider of products that power, protect and connect electronic circuits, today announced plans to release preliminary financial results for the fourth quarter after market close on Tuesday, February 18, 2025. An earnings conference call has been scheduled as follows: When:Wednesday, February 19, 2025 at 8:30 a.m. ET Dial in:877.407.0784, or international: 201.689.8560 Online: How:Live over t...
WALLINGFORD, Conn.--(BUSINESS WIRE)-- Amphenol Corporation (NYSE: APH) today announced it had completed the acquisition of CommScope’s (NASDAQ: COMM) Outdoor Wireless Networks (OWN) and Distributed Antenna Systems (DAS) businesses. “The acquisition of the OWN and DAS businesses brings to Amphenol a strong portfolio of innovative and advanced technologies for communications networks,” said Amphenol President and Chief Executive Officer, R. Adam Norwitt. “We are excited to welcome nearly 4,000 talented employees to the Amphenol family and look forward to further supporting our customers who ar...
WALLINGFORD, Conn.--(BUSINESS WIRE)-- Amphenol Corporation (NYSE: APH) announced today that its Board of Directors approved the first quarter 2025 dividend on its Common Stock in the amount of $0.165 per share at its meeting held on January 29, 2025. The Company will pay this first quarter 2025 dividend on April 9, 2025 to shareholders of record as of March 18, 2025. About Amphenol Amphenol Corporation is one of the world’s largest designers, manufacturers and marketers of electrical, electronic and fiber optic connectors and interconnect systems, antennas, sensors and sensor-based products ...
WALLINGFORD, Conn.--(BUSINESS WIRE)-- Amphenol Corporation (NYSE: APH) today reported record fourth quarter and full year 2024 results. “We are pleased to have closed 2024 with record fourth quarter sales and Adjusted Diluted EPS, both exceeding the high end of our guidance,” said Amphenol President and Chief Executive Officer, R. Adam Norwitt. “Sales increased from prior year by 30%, driven by robust organic growth in the IT datacom, mobile networks, commercial air, mobile devices, broadband and defense markets, as well as contributions from the Company’s acquisition program. For the full y...
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