WEST ORANGE, N.J., March 07, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (NASDAQ:BELFA) ("Bel" or the "Company"), a designer, manufacturer, and provider of products that power, protect and connect electronic circuits, today announced that John Tweedy will retire from the Board and not stand for re-election at the Company's 2024 Annual Meeting of Shareholders. The Board of Directors plans to nominate David Valletta to join the Board in 2024. Mr. Tweedy has served on Bel's Board since 1996 and throughout the years ...

WEST ORANGE, N.J., March 05, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (NASDAQ:BELFA), a designer, manufacturer, and provider of products that power, protect and connect electronic circuits, today announced the following conference participation: What:36th Annual Roth Conference  When:March 19 –Meetings throughout the day  Where:Laguna Niguel  Who:Farouq Tuweiq, CFO   About Bel Bel (www.belfuse.com) designs, manufactures and markets a broad array of products that power, protect and connect electronic circuits. ...

WEST ORANGE, N.J., Feb. 27, 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. Cash dividends for Class A and Class B common shares are payable on May 1, 2024 to shareholders of record on April 15, 2024. Bel currently has approximately 12,762,000 common shares outstanding, of which ...

Vithun Khamsong/Moment via Getty Images Bel Fuse Inc. (NASDAQ:BELFB) designs, manufactures and supplies electronic solutions for networking, industrial, aerospatial, and defense areas. The Power Solutions & Protection segment is the major contributor to the company's revenue, followed by the Connectivity group. Both sectors mitigated the effects of a challenged Magnetics segment that presented a reduced performance in Q4 2023. Cinch Connectivity Solutions and Bell Power Solutions are specialized BELFB divis ...

WEST ORANGE, N.J., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (NASDAQ:BELFA) today announced preliminary financial results for the fourth quarter and full year of 2023. Fourth Quarter 2023 Highlights •Net sales of $140.0 million compared to $169.2 million in Q4-22. Non-GAAP adjusted net sales (which exclude expedite fee revenue) were $139.6 million in Q4-23 as compared to $158.7 million in Q4-22•Gross profit margin of 36.6%, up from 31.0% in Q4-22•Net earnings of $12.0 million versus $14.0 million in Q ...

Bel Fuse Inc. 300 Executive Drive Suite 300 West Orange, NJ 07052 www.belfuse.com tel 201.432.0463 Fourth Quarter 2023 Highlights • Net sales of $140.0 million compared to $169.2 million in Q4-22. Non-GAAP adjusted net sales (which exclude expedite fee revenue) were $139.6 million in Q4-23 as compared to $158.7 million in Q4-22 • Gross profit margin of 36.6%, up from 31.0% in Q4-22 • Net earnings of $12.0 million versus $14.0 million in Q4-22 • Adjusted EBITDA of $24.0 million (17.1% of sales) as compared t ...

WEST ORANGE, N.J., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (NASDAQ:BELFA), 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 Wednesday, February 21, 2024. An earnings conference call has been scheduled as follows: When: Thursday, February 22, 2024 at 8:30 a.m. ETDial in: Toll free – 877.407.0784, or international – 201.689.8560Online: https ...

WEST ORANGE, N.J., Jan. 11, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc (Bel), a leading global manufacturer of products that power, protect, and connect electronic circuits, proudly marks its 75th anniversary today. Located in the heart of New Jersey, Bel has evolved from a fuse business servicing the auto aftermarket to a global supplier of connectors, power supplies, magnetics and circuit protection products serving cutting-edge industries such as e-mobility, aerospace, industrial, networking and military with ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ____________ (Exact name of registrant as specified in its charter) (Address of principal executive offices and zip code) (Registrant's telephone number, includ ...

Bel Fuse Inc. (NASDAQ:BELFB) Q3 2023 Earnings Conference Call October 26, 2023 8:30 AM ET Company Participants Jean Young - Three Part Advisors, IR Dan Bernstein - President and CEO Lynn Hutkin - VP of Financial Reporting and IR Farouq Tuweiq - CFO Conference Call Participants Theodore O'Neill - Litchfield Hills Research James Ricchiuti - Needham and Company Hendi Susanto - Gabelli Funds Operator Good morning and welcome to the Bel Fuse's Third Quarter 2023 Earnings Conference Call. At this time, all partic ...