{"filings":[{"id":1416196,"accession_number":"0001437749-26-022539","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2026-07-02T20:37:17+00:00","items":["5.02","9.01"],"status":"ready","headline":"Bel Fuse increases CEO and CFO compensation effective June 1, 2026","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CEO Farouq Tuweiq base salary raised to $725k (from $600k); target variable comp to $2.1M (from $1.6M) with 60% RSUs.","CFO Lynn Hutkin base salary raised to $400k (from $300k); variable comp target to 150% of base (from 125%) with 45% RSUs.","CEO long-term performance award increased to $1.875M (from $1.2M); CFO long-term award to 100% of base (from 75%).","Amendments effective June 1, 2026; approved by compensation committee on July 1, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":717716,"accession_number":"0001437749-26-018719","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2026-05-28T18:24:48+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Bel Fuse names Kenneth Lai as SVP ITDS; annual meeting approves 2026 equity plan","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Kenneth Lai named Senior Vice President ITDS, effective late Q2/early Q3 2026; responsibilities expanded to India/private label; no longer executive officer.","Rita V. Smith and Jacqueline Brito elected as directors for three-year terms at May 26 annual meeting.","Shareholders ratified Deloitte & Touche as auditor, approved executive compensation on advisory basis, and approved the 2026 Equity Compensation Plan.","Shareholder proposal to allow Class A-to-Class B share conversion rights was rejected."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":444036,"accession_number":"0001213900-26-056732","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2026-05-14T20:43:48+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Bel Fuse prices upsized 1.5M share Class B offering at $266; net $383M for debt, Enercon acquisition","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Offering of 1,500,000 Class B shares (plus 225,000 over-allotment) at $266 per share; gross proceeds $399M.","Net proceeds estimated at $383.3M after underwriting discounts and expenses.","Proceeds to pay down credit facility debt and fund the remaining 20% purchase of Enercon Technologies, Ltd.","Underwriters led by Citigroup, BofA Securities, Wells Fargo; closing expected May 15, 2026.","Directors and certain officers agreed to a 60-day lock-up on company securities."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":36202,"accession_number":"0001437749-26-016373","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2026-05-12T18:25:01+00:00","items":["8.01","9.01"],"status":"ready","headline":"Bel Fuse recasts historical segment data after realignment to two segments","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Effective Q1 2026, segments changed to Aerospace, Defense & Rugged Solutions and Industrial Technology & Data Solutions.","Recast audited segment data for FY 2023, 2024, and 2025 filed via 8-K; no impact on consolidated results.","Previous Power & Protection, Connectivity, and Magnetic segments are eliminated.","Exhibit 99.1 provides recast MD&A, risk factors, and financial statement notes for the three fiscal years."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":98564,"accession_number":"0001437749-26-013888","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2026-04-29T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Bel Fuse Q1 sales $178.5M (+17% YoY); GAAP EPS down, non-GAAP up; guides Q2 revenue $195M-$215M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $178.5M, up 17.2% YoY from $152.2M; gross margin 39.0% vs 38.6%.","GAAP net earnings $11.4M (down from $17.9M); non-GAAP net earnings $22.8M (up from $16.8M).","Adjusted EBITDA $34.5M (19.3% of sales) vs $30.9M (20.3% of sales) in Q1-25.","Closed acquisition of dataMate in March 2026; completed business unit realignment.","Q2-26 guidance: sales $195M-$215M, gross margin 38%-40%."],"consensus_eps_estimate":1.6624,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":178491000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl+finnhub","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":98563,"accession_number":"0001437749-26-011412","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2026-04-06T23:59:59+00:00","items":["2.02","5.02","9.01"],"status":"ready","headline":"Bel Fuse realigns into two end-market segments, appoints Smelker and Dawson as presidents","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["New segments: Aerospace, Defense & Rugged Solutions (~$369M, 55% of FY25 sales) and Industrial Technology & Data Solutions (~$307M, 45%).","Tom Smelker appointed EVP President of ADRS; Steve Dawson appointed EVP President of ITDS.","Joseph Berry transitions to SVP Components, no longer an executive officer; Peter Bittner III retiring April 3, 2026.","Segment recast for FY2025 and FY2024 provided in Exhibit 99.2; no new earnings guidance issued.","ADRS FY25 revenue $368.9M (41.0% gross margin); ITDS FY25 revenue $306.6M (37.5% gross margin)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114118,"accession_number":"0001437749-26-005358","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K/A","filed_at":"2026-02-24T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Bel Fuse amends 8-K to confirm Grant Thornton dismissal effective Feb 24, 2026; no disagreements","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Dismissal of Grant Thornton effective Feb 24, 2026 upon filing of FY 2025 10-K.","No disagreements or reportable events with Grant Thornton during FY 2024, FY 2025, and interim period.","Grant Thornton's reports for FY 2024 and FY 2025 were unqualified; no adverse or modified opinions.","Deloitte appointed Dec 4, 2025 for FY 2026 audit; no prior consultations with Deloitte reported."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114120,"accession_number":"0001437749-26-004366","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2026-02-17T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Bel Fuse Q4 sales up 17% to $175.9M; non-GAAP net earnings $24.9M; provides Q1 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net sales $175.9M (+17.4% YoY); gross margin 39.4% vs 37.5% in Q4-24.","GAAP net loss $5.4M includes $13.1M impairment; non-GAAP net earnings $24.9M vs $19.0M in Q4-24.","FY2025 net sales $675.5M (+26.3%); GAAP net earnings $61.5M; adjusted EBITDA $142.9M (21.2% of sales).","Q1 2026 guidance: net sales $165-180M, gross margin 37-39%, citing seasonality.","Tom Smelker joins leadership to replace retiring Pete Bittner; focus on aerospace and defense growth."],"consensus_eps_estimate":1.613,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":675455000.0,"consensus_period":"2025-FY","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114119,"accession_number":"0001437749-26-001362","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2026-01-15T23:59:59+00:00","items":["5.02","8.01","7.01","9.01"],"status":"ready","headline":"Bel Fuse Announces Retirement of Pete Bittner and Appointment of Thomas Smelker as President of Connectivity Solutions","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Pete Bittner will retire on April 3, 2026 after 35 years at Bel Fuse; under his leadership Connectivity Solutions profitability doubled over four years.","Thomas Smelker appointed Vice President and President of Bel Connectivity Solutions effective January 26, 2026, succeeding Bittner.","Smelker joins from Mercury Systems (NASDAQ: MRCY) where he was SVP, managing a $400M+ P&L and leading operational turnarounds.","Smelker’s employment agreement includes a $450,000 base salary, target variable compensation of 125% of base, and a $1,050,000 sign-on bonus.","Smelker has nearly 30 years of experience including 19 years at Raytheon in secure microelectronics and aerospace/defense roles."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":130502,"accession_number":"0001437749-25-037380","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2025-12-10T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Bel Fuse dismisses Grant Thornton as auditor; appoints Deloitte for FY 2026","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Audit Committee dismissed Grant Thornton on Dec 4, 2025; Deloitte appointed as new independent auditor for FY 2026.","No disagreements with Grant Thornton on accounting principles or reporting during FY 2023-2024 and interim period.","Grant Thornton's reports for FY 2023 and 2024 were unqualified, no adverse opinions.","Deloitte engagement starts with Q1 2026 review; contingent on successful client acceptance procedures."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":130501,"accession_number":"0001437749-25-036765","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2025-12-03T23:59:59+00:00","items":["2.06","7.01","9.01"],"status":"ready","headline":"Bel Fuse expects ~$14M pre-tax impairment in Q4 2025 on Innolectric investment after insolvency filing","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Pre-tax impairment of up to ~$14M expected in Q4 2025, covering full loss of $10M investment and $4M notes receivable.","Innolectric filed for insolvency in Germany on Nov 26, 2025; majority owner unable to provide further funding.","Bel acquired 1/3 minority stake in Innolectric in Feb 2023; EV market weakness and reduced incentives delayed sales.","Bel decided against acquiring remaining 2/3 stake from majority owner; no further capital to be invested.","Bel recorded $0.4M loss from Innolectric in 9M 2025 and $0.6M in FY2024; cash outlays of $0.8M and $0.6M respectively."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":130500,"accession_number":"0001437749-25-032198","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2025-10-29T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Bel Fuse Q3 sales up 44.8% YoY to $179M; guides Q4 sales $165-180M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net earnings $22.3M vs $8.1M in Q3-24; adjusted EBITDA $39.2M (21.9% of sales).","Gross margin 39.7%, up from 36.1% YoY; driven by commercial aerospace, defense, and networking rebound.","Q4-25 guidance: net sales $165-180M, gross margin 37-39%, citing normal holiday seasonality.","Recorded $1.6M gain on sale of Zhongshan, PRC building during the quarter."],"consensus_eps_estimate":1.7345,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":499517000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":147057,"accession_number":"0001437749-25-023426","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2025-07-24T23:59:59+00:00","items":["2.02","5.05","9.01"],"status":"ready","headline":"Bel Fuse Q2 net sales $168M (+26% YoY); GAAP EPS up; guides Q3 sales $165-180M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $168.3M, up 26.3% from $133.2M in Q2-24.","GAAP net earnings $26.9M vs $18.8M; adjusted EBITDA $35.2M (20.9% of sales).","Strength in defense/commercial aerospace; networking/distribution rebounding after destocking.","Q3 guidance: net sales $165-$180M, gross margins 37%-39%.","Tariffs minimal impact ($2.2M low-margin sales); sold Glen Rock building for $4.1M gain."],"consensus_eps_estimate":1.338,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":320537000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":147056,"accession_number":"0001437749-25-022168","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2025-07-03T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Director Thomas Dooley resigns from Bel Fuse Board effective June 30, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Thomas Dooley resigned from the Board of Directors and all committees, effective June 30, 2025.","Resignation was not due to any disagreement with the Company on operations, policies, or practices.","Company expressed gratitude for Dooley's service, including contributions to acquisition strategy and long-term growth."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":165588,"accession_number":"0001437749-25-018655","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2025-05-28T23:59:59+00:00","items":["5.02","5.07"],"status":"ready","headline":"Bel Fuse CEO transition effective May 27; Tuweiq named President/CEO, Bernstein becomes Chairman","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Farouq Tuweiq promoted from CFO to President and CEO effective May 27, 2025.","Daniel Bernstein moved from President/CEO to non-executive Chairman of the Board.","Lynn Hutkin appointed CFO, Principal Accounting Officer, Treasurer, and Secretary.","Board expanded to ten directors; Tuweiq and Bernstein elected to three-year terms at annual meeting.","Shareholders approved executive compensation advisory vote with 1.63M for, 15.9K against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":165587,"accession_number":"0001437749-25-017985","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2025-05-21T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Bel Fuse appoints Lynn Hutkin as CFO effective May 27, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Lynn Hutkin promoted from VP of Financial Reporting & Investor Relations to CFO, succeeding Farouq Tuweiq who becomes CEO.","Base salary of $300,000, target annual variable compensation of 125% of Base Salary (0-200% range).","Eligible for annual long-term performance award of 75% of Base Salary; severance includes 12 months Base Salary if terminated without Cause.","Employment agreement includes confidentiality, non-compete, non-solicitation, and clawback provisions.","Appointment effective immediately following the 2025 Annual Meeting on May 27, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":165586,"accession_number":"0001437749-25-014806","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2025-05-06T23:59:59+00:00","items":["2.03","9.01"],"status":"ready","headline":"Bel Fuse upsizes credit facility to $400M, extends maturity to Sept 2028","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Revolving credit facility increased from $325M to $400M.","Commitment period extended to September 1, 2028 (previously Sept 2026).","$75M incremental commitment includes $50M from new lender Wells Fargo and $25M from existing lenders.","Outstanding balance after closing approximately $270M.","Mortgage on Pennsylvania real property terminated."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":165585,"accession_number":"0001437749-25-012997","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2025-04-24T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Bel Fuse Q1 sales up 19% to $152.2M; organic down 6.4%; Q2 guidance tempered by tariffs","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q1 net sales $152.2M (+19% YoY), incl. $32.4M from Enercon; organic sales down 6.4%.","GAAP net earnings attributable to Bel $17.9M vs $15.9M in Q1-24.","Adjusted EBITDA $30.9M (20.3% of sales) vs $22.4M (17.5%) in Q1-24.","Farouq Tuweiq appointed President/CEO, effective after May 2025 Annual Meeting; Bernstein becomes Chairman.","Q2 guidance: net sales $145-155M, gross margin 37-39%; ~$8-10M tariff downside allowance."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":152238000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":183213,"accession_number":"0001437749-25-008232","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2025-03-18T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Bel Fuse board awards $882K in FY2024 bonuses to NEOs despite missing matrix targets; modifies 2025 incentive plan","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Bonus payouts: Farouq Tuweiq $328,125, Steve Dawson $131,250, Peter Bittner III $328,125, Kenneth Lai $94,500; paid partly in cash, partly in restricted stock.","Steve Dawson base salary raised to $315,000 from $250,000, effective retroactively to Jan 1, 2025.","FY2024 matrix targets (revenue and EBITDA growth) were not met; Committee used discretion to award 70% of target plus individual factor.","For 2025, incentive measures switch to target net revenue (dollars) and non-GAAP Adjusted EBITDA Margin (%); PSUs with 3-year TSR vesting to be added.","CEO Daniel Bernstein's FY2024 bonus was set by prior agreement (Feb 8-K)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":183212,"accession_number":"0001437749-25-004235","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2025-02-18T23:59:59+00:00","items":["2.02","5.02","9.01"],"status":"ready","headline":"Bel Fuse reports Q4 GAAP net loss of $1.8M; organic sales down 7.8%; CEO transition announced","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net loss attributable to Bel shareholders of $1.8M in Q4 2024 vs net earnings of $12.0M in Q4 2023.","Q4 net sales $149.9M, up 7% YoY; organic sales down 7.8% excluding $20.8M from Enercon acquisition.","Adjusted EBITDA $30.3M (20.2% of sales) vs $27.3M (19.5%) in Q4-23; gross margin 37.5% vs 36.6%.","Full year 2024 GAAP net earnings $41.0M vs $73.8M; non-GAAP net earnings $72.1M vs $89.6M.","CEO Daniel Bernstein to transition President and CEO roles; CFO Farouq Tuweiq involved; Enercon deal closed Q4."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":534792000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":183211,"accession_number":"0001437749-25-003119","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2025-02-07T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"CEO succession: Daniel Bernstein to step down, CFO Farouq Tuweiq to become CEO after May 2025 meeting","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Daniel Bernstein to step down as President & CEO effective after May 27, 2025 Annual Meeting; to become Non-Executive Chairman.","CFO Farouq Tuweiq appointed as successor President & CEO, effective same date; Board expanded to 10 directors and Tuweiq added.","Tuweiq to vacate CFO role; Board initiates search for successor CFO.","Tuweiq's employment agreement: $600k salary, $1.6M target annual variable comp, $1.2M long-term award, $1.5M promotion RSUs.","Bernstein receives transition pay of $510k over one year, prorated 2025 performance incentive, and 24 months health coverage."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":183210,"accession_number":"0001437749-25-002138","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K/A","filed_at":"2025-01-29T23:59:59+00:00","items":["9.01"],"status":"ready","headline":"Bel Fuse files Enercon financials; FY2023 revenue $95.7M, net income $14.3M","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Enercon FY2023 revenue $95.7M (+18% YoY), gross profit $40.7M, operating profit $21.9M.","Net income attributable to owners $14.3M in FY2023 vs $8.0M in FY2022.","Total assets $133.8M, goodwill $60.5M; equity attributable to owners $67.6M as of Dec 31, 2023.","Unaudited interim results for nine months ended Sep 30, 2024 and pro forma combined information filed as exhibits.","Acquisition of 80% of Enercon closed Nov 14, 2024; this 8-K/A provides required financial statements."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":199796,"accession_number":"0001437749-24-035846","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2024-11-20T23:59:59+00:00","items":["1.01","2.01","2.03","7.01","9.01"],"status":"ready","headline":"Bel Fuse closes $320M acquisition of 80% stake in Enercon Technologies, defense power supplier","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Cash purchase price $320M plus up to $10M earnout; enterprise value $400M.","Funded by $80M cash on hand and $240M from revolving credit facility; revolver increased to $325M.","Enercon LTM Q3 2024 sales $115M, gross margin 47%; operates as sole supplier in aerospace/defense.","Bel intends to purchase remaining 20% by early 2027 based on future EBITDA performance.","Enercon to operate independently under Bel Power Solutions segment; facilities in Israel, US, India."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":199795,"accession_number":"0001437749-24-031903","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2024-10-23T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Bel Fuse Q3 net sales $123.6M (-22% YoY); adj EBITDA $20.6M; Q4 guidance $117-125M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $123.6M vs $158.7M in Q3-23; net earnings $8.1M vs $19.4M; gross margin 36.1% up from 35.0%.","Adjusted EBITDA $20.6M (16.7% of sales) versus $29.9M (18.8% of sales) in Q3-23.","Enercon acquisition expected to close in Q4; no contribution included in guidance.","Q4 sales guidance $117-125M, gross margin 34-36%; positive bookings trend in Sept/Oct.","Fuse manufacturing consolidation in China expected to save ~$1.5M annually once completed by Q1 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":384933000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":215811,"accession_number":"0001437749-24-029891","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2024-09-24T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Bel Fuse agrees to buy 80% of Enercon Technologies for $320M plus earnout","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Purchase price $320M at closing plus up to $10M earnout based on Enercon's EBITDA targets for fiscal 2025 and 2026.","Remaining 20% stake subject to put-call mechanism; initial call option ~$80M plus 6% interest; deferred option based on 10.65x 2026 EBITDA.","Financing through cash on hand and $150M increase of existing credit facility to $325M from KeyBank, BofA, BMO, PNC.","Closing expected by end of 2024, subject to regulatory approvals and customary conditions.","Enercon supplies power conversion and networking solutions to aerospace & defense markets globally."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":215810,"accession_number":"0001437749-24-029508","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2024-09-19T23:59:59+00:00","items":["2.02","8.01","9.01"],"status":"ready","headline":"Bel Fuse to acquire 80% of Enercon Technologies for $320M, expanding A&D exposure to 31%","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Enterprise value $400M; Bel acquires 80% for $320M cash plus up to $10M earnout for 2025-2026.","Enercon gross margin 46.0% and Adjusted EBITDA margin 32.5% for LTM Q2 2024.","Bel's aerospace & defense revenue share rises from 17.5% to 31% post-acquisition.","Deal expected to close by end of 2024, subject to customary regulatory approvals.","Expected to be accretive to GAAP EPS within one year and non-GAAP EPS on Day 1."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":215809,"accession_number":"0001437749-24-024790","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2024-08-06T23:59:59+00:00","items":["5.05","9.01"],"status":"ready","headline":"Bel Fuse revises Code of Ethics with new provisions on AML, trade sanctions, counterfeit parts, and conflict minerals","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board adopted amended Code of Ethics on August 3, 2024, effective immediately.","New provisions mandate compliance with anti-money laundering laws and regulations.","Amendments add requirements for trade controls, sanctions, and restrictions.","Code now includes measures to minimize risk of counterfeit parts in manufacturing processes.","Provisions on conflict minerals laws and corresponding company policies were added."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":215808,"accession_number":"0001437749-24-023349","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2024-07-24T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Bel Fuse Q2 net sales $133.2M, down 21% YoY; gross margin improves to 40.1%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net earnings $18.8M vs $27.8M in Q2-23; adjusted EBITDA $27.4M (20.6% of sales).","Repurchased 126,552 shares for $7.9M in Q2-24.","Q3-24 guidance: net sales $118-126M, gross margin 34-36%.","Power segment faces ~$3-4M quarterly headwind from trade restrictions on former supplier.","Commercial air, defense and rail end markets solid; networking and distribution remain soft."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":261295000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":215807,"accession_number":"0001437749-24-021957","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2024-07-02T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Bel Fuse confirms retirement of Power Solutions president; names Steve Dawson successor","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Dennis Ackerman retires effective July 31, 2024 after 37 years at Bel; served as President of Power Solutions and Protection since 2014.","Steve Dawson appointed President of Bel Power Solutions and Protection effective July 1, 2024; was VP of Marketing and Business Development for Power segment.","Dawson has over 25 years experience in power and circuit protection, including roles at Cooper Industries and Power-One.","Ackerman will assist with transition during remainder of July 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":235234,"accession_number":"0001437749-24-016579","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2024-05-14T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Bel Fuse annual meeting results: directors elected, auditor ratified, say-on-pay passed","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Directors elected: Mark B. Segall (1,061,338 for, 307,055 withheld), Eric Nowling (1,356,926 for, 11,467 withheld), David J. Valletta (1,367,748 for, 645 withheld).","Ratification of Grant Thornton LLP as auditor for 2024 approved with 1,662,415 for, 8 against, 1,341 abstentions.","Advisory vote on executive compensation approved with 1,353,089 for, 13,966 against, 1,338 abstentions, 295,371 broker non-votes.","GAMCO's voting rights on 361,538 shares suspended per protective provisions; 1,772,342 Class A shares eligible to vote."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":235233,"accession_number":"0001437749-24-013252","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2024-04-25T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Bel Fuse Q1 sales $128.1M (-26% YoY); net earnings $15.9M; Q2 sales guide $125-135M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $128.1M vs $172.3M in Q1-23; net earnings $15.9M vs $14.6M YoY.","Gross profit margin 37.5% up from 31.1% YoY; adjusted EBITDA $24.5M (19.2% of sales).","Connectivity segment strong in commercial air/defense/space; Magnetics still destocking.","Q2-24 net sales guidance $125-135M, gross margin 34-36%.","Repurchased 109,000 shares for $6.3M in Q1."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":128090000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":253072,"accession_number":"0001437749-24-006991","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2024-03-07T23:59:59+00:00","items":["5.02","8.01","9.01"],"status":"ready","headline":"Bel director John Tweedy to retire; David Valletta nominated to board","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["John Tweedy will retire from Bel's Board at the 2024 Annual Meeting after serving since 1996.","David Valletta, former EVP Worldwide Sales at Vishay Intertechnology, nominated to join the Board.","Tweedy's retirement is not due to any disagreement with the Company.","Valletta brings over 40 years of electronic components industry and global sales experience."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":253071,"accession_number":"0001437749-24-005086","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2024-02-21T23:59:59+00:00","items":["2.02","8.01","9.01"],"status":"ready","headline":"Bel Fuse Q4 net sales down 17% YoY to $140M; gross margin expands; announces $25M buyback","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net sales $140.0M, down 17% YoY; full-year net sales $639.8M, down 2% YoY.","Q4 GAAP net earnings $12.0M; full-year net earnings $73.8M, up from $52.7M in 2022.","Gross margin expanded to 33.7% full year vs 28.0% in 2022; Q4 margin 36.6% vs 31.0%.","Adjusted EBITDA $110.5M (17.3% of sales) in 2023, up from $83.0M (12.7%) in 2022.","Board authorized $25M share repurchase program; $4M for Class A, $21M for Class B shares."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":639813000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":253070,"accession_number":"0001437749-24-001509","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2024-01-17T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Bel Fuse names Steve Dawson President of Power Solutions and Protection, effective July 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Steve Dawson appointed President of Power Solutions and Protection segment, succeeds Dennis Ackerman retiring after 37 years.","Dawson currently VP of Marketing and Business Development; has over 25 years in power and circuit protection.","Effective date July 1, 2024; Ackerman's retirement previously reported.","Dawson led power conversion product line for commercial electric vehicles, fastest growing segment."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":270525,"accession_number":"0001437749-23-028966","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2023-10-25T23:59:59+00:00","items":["2.02","5.03","9.01"],"status":"ready","headline":"Bel Fuse Q3 net earnings rise to $19.4M despite 11% sales decline; guides Q4 sales $146-$154M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales of $158.7M, down 11% from $177.7M in Q3-22; non-GAAP adjusted sales $157.7M.","Gross margin improved to 35.0% from 29.0% year-over-year on favorable product mix.","Net earnings of $19.4M vs. $16.5M in Q3-22; adjusted EBITDA $29.9M (18.8% of sales).","Backlog $408M at Sept. 30, 2023; Q4-23 sales expected in $146-$154M range.","Facility consolidations substantially complete; projected annual cost savings of ~$6.9M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":499803000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":287466,"accession_number":"0001437749-23-020744","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2023-07-26T23:59:59+00:00","items":["2.02","5.02","9.01"],"status":"ready","headline":"Bel Fuse Q2 net earnings $27.8M, gross margin 32.9%; CEO notes record power sales, commercial aerospace up 102%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $168.8M (vs $170.6M Q2-22); gross margin 32.9% (up from 26.6% YoY).","Net earnings $27.8M vs $17.0M; adjusted EBITDA $28.6M (17% of sales), up from $19.1M (11.2%).","Voluntary debt paydown of $40M; divestment of Czech business and sale of HQ building contributed gains.","Q3 guidance: GAAP net sales $157-$165M; gross margins expected to hold at Q2 levels.","President of Bel Power Solutions Dennis Ackerman to retire July 31, 2024; will assist transition."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":341121000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":307642,"accession_number":"0001437749-23-018436","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2023-06-26T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Bel Fuse sells Jersey City building for $5.9M, relocates HQ to West Orange","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Closed sale of Jersey City, NJ building for $5.9 million.","Corporate headquarters moving to 300 Executive Drive, West Orange, NJ.","Effective date July 1, 2023; phone number unchanged.","CEO cites reduced commute for 25 HQ associates and lower annual costs.","Move ends over 60 years of Jersey City presence; timing based on market value."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":307641,"accession_number":"0001437749-23-015730","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2023-05-24T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Bel Fuse annual meeting results: all proposals pass, GAMCO voting rights suspended","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Elected directors Dooley, Smith, and Brito; Dooley and Brito received >97% of votes cast, Smith received ~77%.","Ratified Grant Thornton as auditor for 2023 with 1,515,881 votes for (96.6% of votes cast).","Advisory say-on-pay approved with 1,301,492 votes for (97.9% of votes cast); less than 3% against.","Shareholders favored annual say-on-pay frequency (825,069 votes); Board adopts annual advisory vote.","Voting rights of GAMCO (384,338 Class A shares) were suspended due to protective charter provisions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.15,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":307640,"accession_number":"0001437749-23-011199","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2023-04-27T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Bel Fuse Q1 2023 sales up 26% to $172.3M; net earnings $14.6M vs $5.1M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $172.3M (+26.1% YoY); gross margin 31.1% up from 25.0%.","Net earnings $14.6M ($0.00? check further: 14.6M vs 5.1M).","Adjusted EBITDA $28.1M (16.3% of sales) vs $11.6M (8.5%) in Q1-22.","Power and Connectivity groups each posted record sales in Q1-23.","Q2-23 sales guidance $162-$170M, excluding any expedite fee revenue."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":172344000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":307639,"accession_number":"0001437749-23-009321","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2023-04-04T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Bel Fuse adopts 2023 Incentive Compensation Program; CEO base salary raised to $600,000","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CEO Daniel Bernstein's 2023 base salary increased 50% to $600,000; CFO Tuweiq to $375,000.","Target total incentive award opportunities: CEO 150% of salary ($900,000), CFO 125% ($468,750).","CEO incentive paid 50% cash / 50% restricted stock; other NEOs 60% / 40%.","Payouts range from 0% to 200% of target based on company/business unit and individual performance.","Base salaries for two business-unit presidents raised to $325,000 and $300,000 from $300,000 and $275,000."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":326632,"accession_number":"0001437749-23-004197","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2023-02-22T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Bel Fuse reports record FY22 net sales $654M (+20%), net earnings $52.7M, Q4 sales +15% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Record FY22 net sales $654.2M (+20.4% YoY); net earnings $52.7M vs $24.8M; record adj. EBITDA $83.0M (12.7% of sales).","Q4 net sales $169.2M (+15.0% YoY); Q4 adj. EBITDA $25.0M (14.8% of sales); Q4 net earnings $14.0M vs $8.0M.","Power Solutions Q4 sales +38.5% YoY; Magnetic Solutions -9.5%; Connectivity +7.9%; gross margin expanded 430 bps to 31.0%.","Year-end backlog $565M, up 21% from 2021; full-year gross margin 28.0% vs 24.7%.","Announced investment in Germany-based innolectric AG to enhance eMobility fast-charging offerings."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":654233000.0,"consensus_period":"2022-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":326631,"accession_number":"0001437749-23-000340","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2023-01-04T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Bel Fuse promotes three executives to VP roles effective Jan 1, 2023","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Lynn Hutkin promoted to VP of Financial Reporting and Investor Relations; 15-year Bel veteran.","Joe Berry promoted to VP of Magnetic Solutions; joined via 1999 Lucent acquisition.","Kenneth Lai promoted to VP of Asia Operations; joined via 2013 TE Connectivity TRP Connector acquisition.","All three appointments effective January 1, 2023; CEO cites role in long-term growth and operational excellence."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":344342,"accession_number":"0001437749-22-024818","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2022-10-26T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Bel Fuse Q3 sales $177.7M (+20.9%), net earnings $16.5M; adjusted EBITDA record $27.3M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $177.7M, up 20.9% YoY; net earnings $16.5M vs $5.7M in Q3-21.","Adjusted EBITDA $27.3M (+115% YoY); gross margin expanded to 29.0% from 24.5%.","Backlog $583M (+25% from Dec 2021); quarterly bookings $180M.","Facility consolidation: 9 Chinese plants into one; $10M one-time costs, $4M capex, ~$5M annual savings; completion by Q3-23.","Sold corporate building, $1.6M gain; expects 170k sq ft occupancy reduction by end 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":485030000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":360853,"accession_number":"0001437749-22-018238","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2022-08-01T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Bel Fuse announces retirements of VP Asia Ops and Zhongshan Ops Dir; Lai named successor","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Raymond Cheung (VP Asia Ops) will retire effective Jan 1, 2023, after 31 years.","YK Tso (Operations Director, Zhongshan) will also retire effective Jan 1, 2023.","Kenneth Lai appointed VP Asia Ops, effective Jan 1, 2023; previously GM of TRP and Power Solutions.","Lai's offer includes $225k base salary, ~$126k additional comp, and 10,000 Class B restricted shares.","Lai joined Bel in 2013 via TRP acquisition; held senior roles at TE Connectivity prior."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":360852,"accession_number":"0001437749-22-017912","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2022-07-28T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Bel Fuse Q2 net sales $170.6M (+22.9% YoY), net earnings $17.0M, record backlog $580M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net earnings $17.0M vs $7.9M in Q2-21; adjusted EBITDA $19.1M, up 65% YoY.","Record quarterly bookings of $226M; backlog $580M, up 24% from Dec 31, 2021.","Commercial aerospace sales $7.8M (+43% YoY); e-Mobility $6.7M (+89% YoY).","Gross profit margin improved to 26.6% from 24.7% in Q2-21."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":307290000.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":379966,"accession_number":"0001437749-22-013387","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2022-05-24T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Bel Fuse annual meeting results; director elections and auditor ratification approved","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Four directors elected: Bernstein, Gilbert, Vellucci, Brito; For votes 1.22M–1.28M each, 190K broker non-votes.","Ratification of Grant Thornton as auditor approved: 1.54M for, 32 against, 56K abstentions.","Advisory vote on executive compensation passed: 1.28M for, 3K against, 124K abstentions, 190K broker non-votes.","GAMCO's 409,600 Class A shares voting rights suspended; 1.74M shares eligible to vote at meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.15,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":379965,"accession_number":"0001437749-22-009891","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2022-04-27T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Bel Fuse Q1 2022 net sales $136.7M (+23.6%), net earnings $5.1M, backlog $525M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales of $136.7M, up 23.6% YoY; gross margin improved to 25.0% from 21.9%.","Net earnings of $5.1M vs $3.2M in Q1-21; adjusted EBITDA of $11.6M, up 3.7x YoY.","Backlog of orders $525M, up 12% from December 31, 2021.","Magnetic Solutions group gross margin improved to 20.1% from 13.7% YoY.","Circuit protection product line sales more than doubled to over $8M in the quarter."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":136718000.0,"consensus_period":"2022-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":398124,"accession_number":"0001437749-22-004352","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2022-02-24T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Bel Fuse Q4 net sales $147.1M (+26.7% YoY); net earnings $8.0M, more than double Q4-20","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Gross profit margin improved to 26.7% from 25.3% in Q4-20.","Full-year 2021 net sales $543.5M (+16.7%); net earnings $24.8M vs $12.8M.","Adjusted EBITDA $42.8M for 2021, up 33% YoY; Q4 adjusted EBITDA $15.3M (+96%).","Backlog of $468M at year-end, over 200% increase from 2020; driven by eMobility, commercial air, industrials.","Pricing adjustments implemented to offset rising input costs."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":543494000.0,"consensus_period":"2021-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":417131,"accession_number":"0001437749-21-028276","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2021-12-10T23:59:59+00:00","items":["2.03","9.01"],"status":"ready","headline":"Bel Fuse enters interest rate swaps to fix LIBOR on $60M of debt","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Entered two $30M notional interest rate swaps with PNC Bank and KeyBank.","PNC swap fixes LIBOR at 1.3055%; KeyBank swap fixes at 1.318%; both effective Dec 31, 2021.","Swaps mature on Aug 31, 2026; relate to debt under Sept 2, 2021 credit agreement.","Transaction intended to manage interest rate exposure on existing variable-rate debt."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":417130,"accession_number":"0001437749-21-024597","cik":729580,"company_name":"BEL FUSE INC /NJ","ticker":"BELFA","form_type":"8-K","filed_at":"2021-10-29T23:59:59+00:00","items":["2.02","5.02","9.01"],"status":"ready","headline":"Bel Fuse Q3 net sales up 18% to $147M; GAAP EPS down to $0.44; record backlog $390M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net earnings $5.7M ($0.44 per Class A, $0.47 per Class B) vs $7.5M ($0.57/$0.61) in Q3-20.","Gross margin 24.5% vs 26.8% YoY; management cites global labor/material cost pressure.","Record backlog $390M (+100% from Dec 2020); quarterly bookings $223M, ~3x Q3-20.","Jacqueline Brito appointed to Board, effective Oct 28; also receives $89k consulting agreement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":396351000.0,"consensus_period":"2021-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":3838752847.569925,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2021-10-29T23:59:59+00:00|417130"}