Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
BELDEN INC. reported Fourth Quarter 2022 results: revenue $659 million, net income $61 million, EPS $1.40.
- Period
- Fourth Quarter 2022
- Revenue
- $659 million
- Net income
- $61 million
- EPS
- $1.40
- Result
- reported results
Exact text from the filing
GAAP revenues for the quarter totaled $659 million, increasing $47 million, or 8%, compared to $612 million in the year-ago period. Organic year-over-year growth for the quarter was 12%, with Industrial Automation Solutions at 18% and Enterprise Solutions at 6%. Net income was $61 million, compared to $80 million in the year-ago period. Net income as a percentage of revenue was 9.3%, compared to 13.1% in the year-ago period. EPS totaled $1.40 for the quarter, compared to $1.76 in the year-ago period.
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Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
BELDEN INC. reported Full Year 2023 and First Quarter 2023 results: revenue $2.670 billion to $2.720 billion (FY2023) and $615 million to $630 million (Q1 2023), EPS GAAP EPS $5.73 to $6.13 (FY2023), Adjusted EPS $6.60 to $7.00 (FY2023); GAAP EPS $1.29 to $1.39 (Q1 2023), Adjusted EPS. Guidance initiated.
- Period
- Full Year 2023 and First Quarter 2023
- Revenue
- $2.670 billion to $2.720 billion (FY2023) and $615 million to $630 million (Q1 2023)
- EPS
- GAAP EPS $5.73 to $6.13 (FY2023), Adjusted EPS $6.60 to $7.00 (FY2023); GAAP EPS $1.29 to $1.39 (Q1 2023), Adjusted EPS
- Guidance
- initiated
- Result
- guidance update
Exact text from the filing
The table below provides guidance for both the full year 2023, as well as the first quarter of 2023. Full Year 2023: • Revenues between $2.670 billion and $2.720 billion • Organic growth between 3% and 5% • GAAP EPS between $5.73 and $6.13 • Adjusted EPS between $6.60 and $7.00 First Quarter 2023: • Revenues between $615 million and $630 million • Organic growth between 3% and 6% • GAAP EPS between $1.29 and $1.39 • Adjusted EPS between $1.50 and $1.60
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Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
BELDEN INC. reported Full Year 2022 results: revenue $2.606 billion, net income $268 million, EPS $6.01.
- Period
- Full Year 2022
- Revenue
- $2.606 billion
- Net income
- $268 million
- EPS
- $6.01
- Result
- reported results
Exact text from the filing
GAAP and Adjusted revenues for the year totaled a record $2.606 billion, increasing $305 million, or 13%, compared to $2.301 billion in the prior year. Organic growth for the year was 16%, with Industrial Automation Solutions at 19% and Enterprise Solutions at 13%. Net income was $268 million, compared to $199 million in the prior year. Net income as a percentage of revenue was 10.3%, compared to 8.6% in the prior year. EPS totaled an annual record $6.01, compared to $4.37 in the prior year, up 38%.
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