Company Overview - Bel Fuse Inc. is a leading global manufacturer of products that power, protect, and connect electronic circuits [2] - The company operates in various industries including networking, telecommunications, computing, military, aerospace, medical, transportation, and broadcasting [2] - Bel's product groups include Power Solutions and Protection, Connectivity Solutions, and Magnetic Solutions [2] Upcoming Event - Bel Fuse Inc. will participate in the 16th Annual Midwest IDEAS Conference on August 26, 2025 [1] - The conference will take place at the InterContinental Chicago Magnificent Mile, with a presentation scheduled for 10:15 AM ET [1] - Investor presentation materials will be available via the investor relations section of the company's website [1]

Bel Fuse (BELFB) reported $168.3 million in revenue for the quarter ended June 2025, representing a year-over-year increase of 26.3%. EPS of $1.67 for the same period compares to $1.50 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $151.24 million, representing a surprise of +11.28%. The company delivered an EPS surprise of +21.9%, with the consensus EPS estimate being $1.37.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and h ...

WEST ORANGE, N.J., July 24, 2025 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB) today announced preliminary financial results for the second quarter and first half of 2025. Second Quarter 2025 Highlights Net sales of $168.3 million compared to $133.2 million in Q2-24. Up 26.3% from Q2-24Gross profit margin of 38.7%, compared to 40.1% in Q2-24GAAP net earnings attributable to Bel shareholders of $26.9 million versus GAAP net earnings attributable to Bel shareholders of $18.8 million in Q2-24Adju ...

Core Viewpoint - Bel Fuse Inc. is set to release preliminary financial results for the second quarter on July 24, 2025, with a conference call scheduled for July 25, 2025, at 8:30 a.m. ET [1] Company Overview - Bel Fuse Inc. designs, manufactures, and markets a wide range of products that power, protect, and connect electronic circuits [2] - The company's products are utilized in various industries, including defense, commercial aerospace, networking, telecommunications, computing, general industrial, high-speed data transmission, transportation, and eMobility [2] - Bel's product categories include Power Solutions and Protection, Connectivity Solutions, and Magnetic Solutions, with operations in facilities worldwide [2]

Company Transition - Dan Bernstein transitions from President and CEO to Chairman of the Board after over 45 years of service, marking a significant milestone for Bel Fuse Inc. [1] - Under Bernstein's leadership since 2001, Bel Fuse's revenue grew from under $100 million to over $600 million, and the company completed 19 strategic acquisitions [2]. New Leadership - Farouq Tuweiq, previously CFO, steps into the role of CEO, bringing a data-driven leadership style and a strong financial foundation to the company [3]. - Tuweiq's background in investment banking and strategic leadership is expected to support Bel's growth strategy and future goals [3]. Company Overview - Bel Fuse designs, manufactures, and markets products that power, protect, and connect electronic circuits, serving various industries including defense, aerospace, telecommunications, and automotive [5]. - The company's product groups include Power Solutions, Connectivity Solutions, and Magnetic Solutions, with operations in multiple facilities worldwide [5].

Group 1: Appointment of CFO - Bel Fuse Inc. announced the appointment of Lynn Hutkin as Chief Financial Officer (CFO) effective immediately after the Annual Meeting of Shareholders on May 27, 2025 [1] - Lynn Hutkin will succeed Farouq Tuweiq, who will transition to the role of President and CEO on the same date [1] - Hutkin has been with Bel since 2007, holding various roles, most recently as Vice President of Financial Reporting and Investor Relations [2] Group 2: Background and Experience of Lynn Hutkin - Throughout her tenure at Bel, Hutkin has been involved in mergers and acquisitions, bank financing, corporate insurance, and employee benefit programs [2] - She began her career at Arthur Andersen in the audit group and has held finance roles in various companies, including a $250 million publicly-traded courier company [2] - Hutkin holds a B.S. in Accountancy from Bentley University and is a licensed CPA in New Jersey [2] Group 3: Statements from Leadership - Farouq Tuweiq expressed excitement about continuing to work with Hutkin and acknowledged her integral role in strengthening financial practices at Bel [3] - Lynn Hutkin expressed honor in stepping into the CFO role and enthusiasm for the future goals of the company [3] Group 4: Company Overview - Bel Fuse Inc. designs, manufactures, and markets products that power, protect, and connect electronic circuits, serving various industries including defense, aerospace, telecommunications, and automotive [4] - The company's product groups include Power Solutions, Connectivity Solutions, and Magnetic Solutions, with applications in multiple sectors [4]

Company Overview - Bel Fuse Inc. is a leading global manufacturer of products that power, protect, and connect electronic circuits [1] - The company operates in various industries including defense, commercial aerospace, networking, telecommunications, computing, general industrial high-speed data transmission, transportation, and eMobility [1] - Bel's product groups include Power Solutions and Protection, Connectivity Solutions, and Magnetic Solutions [1] Investor Conference Schedule - Bel Fuse Inc. will participate in Oppenheimer's 20th Annual Industrial Growth Conference on May 8, 2025, with a fireside chat at 12:45 pm ET [2] - The company will also attend the 22nd Annual Craig-Hallum Institutional Investor Conference on May 28, 2025, at the Depot Renaissance Hotel Minneapolis [2] - Additionally, Bel will be present at the KeyBanc Industrial & Basics Conference on May 29, 2025, at the InterContinental Boston [2]

Core Insights - Bel Fuse Inc. reported preliminary financial results for Q1 2025, showing a significant increase in net sales and gross profit margin compared to the same period last year [1][9] - The company anticipates continued strength in defense, space, and AI markets, which are expected to offset declines in rail, e-Mobility, and consumer markets [3][4] - A management transition is set to occur, with Farouq Tuweiq appointed as the new President and CEO [5][9] Financial Performance - Net sales reached $152.2 million, up from $128.1 million in Q1 2024, marking an 18.9% increase [9] - Gross profit margin improved to 38.6%, compared to 37.5% in Q1 2024 [9] - GAAP net earnings attributable to Bel shareholders were $17.9 million, an increase from $15.9 million in Q1 2024 [9] Market Dynamics - The company is experiencing increased demand in defense and commercial aerospace sectors, as well as in the emerging AI market [3] - Approximately 75% of global sales are not currently affected by recent U.S. tariffs, with only about 10% of sales linked to products manufactured in China [4] - The company has adjusted its Q2 2025 sales guidance to $145 to $155 million, accounting for potential impacts from tariffs [4] Product Group Performance - Power Solutions and Protection sales increased to $83.1 million from $60.2 million, while Connectivity Solutions saw a decline of 6.5% [18] - Magnetic Solutions experienced a 36.1% increase in sales, reflecting strong demand [18] Non-GAAP Financial Measures - Non-GAAP net earnings attributable to Bel shareholders were $16.8 million, slightly down from $17.0 million in Q1 2024 [9] - Adjusted EBITDA for Q1 2025 was $30.9 million, representing 20.3% of sales, compared to $22.4 million or 17.5% of sales in Q1 2024 [9][19]

Core Viewpoint - Bel Fuse Inc. is set to release preliminary financial results for the first quarter on April 24, 2025, with a conference call scheduled for April 25, 2025 [1] Company Overview - Bel Fuse Inc. designs, manufactures, and markets a wide range of products that power, protect, and connect electronic circuits [2] - The company's products are utilized in various industries including defense, commercial aerospace, networking, telecommunications, computing, general industrial, high-speed data transmission, transportation, and eMobility [2] - Bel's product categories include Power Solutions and Protection, Connectivity Solutions, and Magnetic Solutions, with operations in facilities worldwide [2]