Belden Inc

119.37+1.60 (+1.36%)

Oct 29, 4:00:02 PM EDT · NYSE · BDC · USD

Upcoming Earnings

Report date

Key Stats

Market Cap

4.73B

P/E (TTM)

21.70

Basic EPS (TTM)

5.50

Dividend Yield

Recent Filings

8-K

New ethics code adopted

8/27/25Aug 27, 2025

Belden Inc. adopted a new Belden Code of Conduct on August 21, 2025, replacing its prior code of ethics. This update, approved by the Board, aims to guide ethical decision-making across operations. The full document is attached as Exhibit 14.1. No waivers or specific changes were disclosed.

10-Q

Q2 FY2025 results

7/31/25Jul 31, 2025

Belden's Q2 revenues climbed 11.2% year-over-year to $672M, fueled by volume gains and the Precision acquisition, while gross margins expanded to 38.5% from 37.5% on favorable mix. Operating income rose 15% to $79M, with diluted EPS up 28.6% to $1.53 on 40M shares, reconciling neatly without anti-dilution flags. Automation Solutions drove the momentum, adding 9.6% revenue growth to $366M, yet Smart Infrastructure surged 13.1% to $306M post-Precision close in June 2024 for $281.7M cash, recognizing $114.6M goodwill and $194.1M finite-lived intangibles over 17.5 years. Cash dipped to $301M after $101M share repurchases, but operating cash flow hit $89M YTD and free cash flow $32M (derived), backed by $1.3B debt and $286M revolver availability. Non-GAAP metrics not disclosed in the 10-Q. Currency swings hammered comprehensive income, though.

8-K

Belden Q2 revenues up 11%

7/31/25Jul 31, 2025

Belden Inc. reported Q2 2025 revenues of $672 million, up 11% year-over-year with 5% organic growth, driven by 8% gains in Automation Solutions and 3% in Smart Infrastructure Solutions. GAAP EPS rose 29% to $1.53, while adjusted EPS climbed 25% to $1.89, reflecting improved margins and execution amid geopolitical headwinds. Orders surged 16% y/y. Q3 guidance projects revenues of $670-$685 million and adjusted EPS of $1.85-$1.95, yet market uncertainties loom.

8-K

This Third Amended and Restated Credit Agreement updates Belden's financing, boosting the revolving facility to $400M, allowing up to $600M total, with maturity in 2030. It includes provisions for foreign borrowers and collateral, ensuring robust financial support for Belden's global operations.

7/21/25Jul 21, 2025

Belden Inc. has amended and restated its credit agreement, increasing the revolving credit facility to $400 million with options to expand up to $600 million. The agreement, dated July 18, 2025, involves key lenders like JPMorgan Chase Bank and Wells Fargo, and maintains existing terms with updates for compliance and operations.

8-K

Belden annual meeting results

5/28/25May 28, 2025

Belden Inc. held its annual stockholder meeting on May 22, 2025, where all nine director nominees secured reelection with strong majorities, ranging from 34.5 million to 37.2 million votes for amid 2.7 million total shares outstanding. Stockholders ratified Ernst & Young as auditors by a 96% approval and endorsed executive compensation on an advisory basis with 98% support. All proposals passed decisively. No controversies surfaced.

About

Belden Inc. provides connection solutions to bring data infrastructure into alignment to unlock new possibilities for its customers. It operates through two segments, Smart Infrastructure Solutions and Automation Solutions. The Smart Infrastructure Solutions segment offers copper cable and connectivity solutions, fiber cable and connectivity solutions, interconnect panels, racks and enclosures, and signal extension and matrix switching systems for use in local area networks, data centers, access control, 5G, fiber to the home, and building automation applications. It also provides power, cooling, and airflow management products for mission-critical data center operations; and end-to-end fiber and copper network systems. This segment serves commercial real estate, education, financial, stadiums and venues, military installations, and broadband and wireless service providers, as well as data centers, government, healthcare, and hospitality sectors. The Automation Solutions segment offers network infrastructure and digitization solutions; and products and solutions covering various aspects of data handling, including acquisition, transmission, orchestration, and management for applications in discrete automation, process automation, energy, and mass transit. It sells its products to distributors, end-users, installers, and original equipment manufacturers (OEMs). Belden Inc. operates in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company was formerly known as Belden CDT Inc. and changed its name to Belden Inc. in May 2007. Belden Inc. was founded in 1902 and is headquartered in Saint Louis, Missouri.

CEO

Dr. Ashish Chand

IPO

11/24/1993

Website

https://www.belden.com

Employees

7,500

Sector

Technology

Industry

Communication Equipment