earnings
confidence high
sentiment positive
materiality 0.85
Belden reports 28% revenue growth in Q4 2021, agrees to sell Tripwire for $350M
BELDEN INC.
2021-FY EPS reported
$1.41
revenue$2,408,100,000
- Q4 revenue $638.9M (+28% YoY); adjusted EPS $1.32 (+47% YoY); net loss ($51.6M) includes $131.2M Tripwire impairment.
- FY2021 revenue $2.408B (+29% YoY); adjusted EPS $4.78 (+74% YoY); net income $62.5M.
- Signs definitive agreement to sell Tripwire for $350M cash; expected close in Q1 2022; Belden to act as exclusive reseller.
- Completed acquisition of Macmon Secure GmbH for $43M post-Q4, adding industrial networking capabilities.
- FY2022 guidance: revenue $2.390B-$2.440B, adjusted EPS $5.00-$5.35; first-quarter adjusted EPS $1.03-$1.13.