BELFA Stock Recent News

WEST ORANGE, N.J., Oct. 31, 2023 (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 November 2023:

WEST ORANGE, N.J., Oct. 11, 2023 (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 third quarter after market close on Wednesday, October 25, 2023. An earnings conference call has been scheduled as follows:

Bel Fuse is massively undervalued relative to its peers on an EV/EBIT basis, despite being a high-quality company. The company is focused on growth industries such as electrification, 5G, AI, and EV plus infrastructure. Bel Fuse has a strong balance sheet with low debt and high interest coverage, which protects the downside and leaves plenty of upside potential.

Bel Fuse Inc. is a small-cap company that designs, manufactures, and markets products used in various industries. In Q2 FY2023, Bel Fuse reported a slight dip in sales but saw a significant boost in gross margin. The company's backlog remains strong, but there are doubts about the conversion of backlog into actual sales.

Bel Fuse's Q2 2023 performance showed a slight decline in sales, but an improvement in gross margins and progress in consolidation of operations. The Power Solutions and Protection segment experienced significant growth, while the Magnetic Solutions Group faced challenges. The company effectively managed its inventory and reduced outstanding debt, showcasing sound financial prudence.

WEST ORANGE, N.J., Aug. 02, 2023 (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 August and September 2023:

Bel Fuse Inc. (NASDAQ:BELFB ) Q2 2023 Earnings Conference Call July 27, 2023 8:30 AM ET Company Participants Jean Young - Three Part Advisors, IR Dan Bernstein - President and CEO Lynn Hutkin - VP of Financial Reporting & IR Farouq Tuweiq - CFO Conference Call Participants Theodore O'Neill - CFA, Litchfield Hills Research Jim Ricchiuti - Needham and Company Hendi Susanto - Gabelli Funds Operator Good morning and welcome to Bel Fuse's Second Quarter 2023 Earnings Call. As a reminder, this is being recorded.

WEST ORANGE, N.J., July 12, 2023 (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 Wednesday, July 26, 2023. An earnings conference call has been scheduled as follows:

Bel Fuse is a $730-million market cap firm that offers magnetic, power, and connectivity solutions for various applications. Q1 sales for Bel Fuse were $172 million, showing a substantial increase of 26% compared to the first quarter of 2022. Also, the gross margins improved dramatically YoY. The management expects an even higher consolidated margin profile due to the shift in product mix and profitability in the next quarters.

JERSEY CITY, N.J., May 17, 2023 (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 and June 2023: