WEST ORANGE, N.J., Jan. 03, 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 27th Annual Needham Growth Conference: 27th Annual Needham Growth ConferenceFarouq Tuweiq, CFOLynn Hutkin, VP Financial Reporting & Investor RelationsFriday, January 17, 2025Conducting meetings throughout the day with a presentation at 10:15am ET The investor presentation deck and ...

WEST ORANGE, N.J., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (“Bel,” or, “the Company”) (Nasdaq:BELFA and Nasdaq:BELFB), announced today that it has closed the previously announced majority stake acquisition of Enercon Technologies, Ltd. (“Enercon”) from Fortissimo Capital based on an enterprise value of $400 million. Bel has acquired an 80% stake upfront for $320 million (subject to customary adjustments), plus up to $10 million of potential earnout payments for the 2025-2026 period, with the intent ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ____________ Commission File No. 000-11676 BEL FUSE INC. (Exact name of registrant as specified in its charter) New Jersey 22-1463699 (I.R. ...

Exhibit 99.1 Bel Fuse Inc. 300 Executive Drive Suite 300 West Orange, NJ 07052 www.belfuse.com tel 201.432.0463 Bel Reports Third Quarter 2024 Results Sales and Gross Margin Percentage Above Mid-Point of Expected Ranges Provides Q4-24 Sales and Gross Margin Guidance WEST ORANGE, NJ, Wednesday, October 23, 2024-- Bel Fuse Inc. (Nasdaq: BELFA and BELFB) today announced preliminary financial results for the third quarter of 2024. Third Quarter 2024 Highlights • Net sales of $123.6 million compared to $158.7 mi ...

Sales and Gross Margin Percentage Above Mid-Point of Expected RangesProvides Q4-24 Sales and Gross Margin Guidance WEST ORANGE, N.J., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB) today announced preliminary financial results for the third quarter of 2024. Third Quarter 2024 Highlights Net sales of $123.6 million compared to $158.7 million in Q3-23Gross profit margin of 36.1%, up from 35.0% in Q3-23Net earnings of $8.1 million versus $19.4 million in Q3-23Adjusted EBITDA of $20.6 ...

Exhibit 99.1 Bel Fuse Inc. 300 Executive Drive Suite 300 West Orange, NJ 07052 www.belfuse.com tel 201.432.0463 FOR IMMEDIATE RELEASE Significantly expands Bel's presence in the higher-margin Aerospace & Defense markets, enhancing our financial profile, expanding our product portfolio and diversifying our customer base WEST ORANGE, NJ, Wednesday, September 18, 2024 - Bel Fuse Inc. ("Bel," or, "the Company") (Nasdaq:BELFA and Nasdaq:BELFB), today announced that it has entered into a definitive agreement to a ...

WEST ORANGE, N.J., Sept. 18, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. ("Bel," or, "the Company") (Nasdaq:BELFA and Nasdaq:BELFB), today announced that it has entered into a definitive agreement to acquire a majority stake in Enercon Technologies, Ltd. ("Enercon") from Fortissimo Capital based on an enterprise value of $400 million. Bel will acquire an 80% stake upfront for $320 million in cash (subject to customary adjustments), plus up to $10 million of potential earnout payments for the 2025-2026 period, wi ...

| --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------|------------------------------------------------------|-------------|-------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | The Bel Fuse Investment Thesis About This Article █ | BELFB | | | | | | | | | Analyst's rating at publication | BUY | | | | | | | | | | $47.29 | | | | | | | | | | 33.90% | | | | | | | | | | 34.54% | | | | | | | | | | 26.67% | ...

aquaArts studio/E+ via Getty Images Introduction Bel Fuse Inc (NASDAQ:BELFB) recently reported Q2 earnings, and since I haven't covered them in almost a year, I thought it would be a good time to check on how the company performed since then. Since my first article, on the company, when I gave it a strong buy, BELFB outperformed the S&P500 (SPY) by a decent margin. In that article, I said that the management is very capable and knows the company very well as they managed to improve profitability, while sale ...

WEST ORANGE, N.J., Aug. 01, 2024 (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. Company Contact: Lynn Hutkin VP of Financial Reporting and Investor Relations ir@belf.com Investor Contact: Steven Hooser or Jean Marie Young Three Part Advisors, LLC (631) 418-4339 Cash dividends for Cl ...