Belden – Belden Reports Fourth Quarter and Full Year 2024 Results

Belden

ST. LOUIS–(BUSINESS WIRE)– Belden Inc. (NYSE: BDC) (“Belden” or the “Company”), a leading global supplier of complete connection solutions, today reported fiscal fourth quarter and full year results for the period ended December 31, 2024.

 

Fourth Quarter 2024 Highlights

  • Revenues of $666 million, up 21% y/y and up 14% y/y organically
  • GAAP EPS of $1.42, up 56% y/y
  • Adjusted EPS of $1.92, up 32% y/y
  • Repurchased 0.5 million shares for $55 million during the quarter

 

Full Year 2024 Highlights

  • Revenues of $2,461 million, down 2% y/y and down 6% y/y organically