secwatch.observer — SEC 8-K summary
======================================

Issuer:     BELDEN INC. (BDC)
CIK:        0000913142
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0000913142-23-000012
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Belden Q1 revenue up 5% to $642M; raises full-year adjusted EPS guidance
------------------------------------------------------------------------

- Q1 revenue $642M (+5% YoY), organic growth 7%; GAAP EPS $1.45 (+49%), adjusted EPS $1.68 (+28%).
- Completed acquisition of Berthold Sichert GmbH for $98M; expands fiber portfolio.
- Board authorized additional $300M share repurchase; $50M executed in Q1.
- FY 2023 guidance raised: revenue $2.71-$2.76B, adjusted EPS $6.95-$7.25 (from $6.60-$7.00).
- Q2 2023 guidance: revenue $675-$690M, adjusted EPS $1.70-$1.80.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/913142/000091314223000012/0000913142-23-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/913142/000091314223000012/bdc-20230503.htm
  HTML page:      https://secwatch.observer/filing/0000913142-23-000012

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer