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Bel Reports First Quarter 2025 Results
BELFABel Fuse (BELFA) Newsfilter·2025-04-24 21:21

WEST ORANGE, N.J., April 24, 2025 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (NASDAQ:BELFA) today announced preliminary financial results for the first quarter of 2025. First Quarter 2025 Highlights •Net sales of 152.2 millioncomparedto152.2 million compared to 128.1 million in Q1-24. Excluding 32.4millionofcontributionfromEnercon,organicsalesdown6.432.4 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 ea ...