Belden Q4 revenue $551M (-16% y/y); GAAP EPS $0.91, adj EPS $1.46; guides Q1 adj EPS $1.00-1.10

BELDEN INC.

2023-FY EPS reported $5.66 revenue$2,512,084,000

Q4 revenues $551M, down 16% y/y and 18% organically; GAAP EPS $0.91 (-35% y/y), adjusted EPS $1.46 (-17% y/y).
Full year revenue $2.512B (-4% y/y); GAAP EPS $5.66 (-6%), adjusted EPS $6.83 (+7% y/y).
Adjusted EBITDA margin FY23 17.4% (+40 bps y/y); Q4 margin 16.0% (-140 bps).
Executed $192M share repurchases in FY23, $200M through Jan 2024.
Q1 2024 guidance: revenues $505-520M, GAAP EPS $0.65-0.75, adjusted EPS $1.00-1.10.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

BELDEN INC. reported fourth quarter and full year 2023 results: revenue $551 million, net income $39 million, EPS $0.91.

Period: fourth quarter and full year 2023
Revenue: $551 million
Net income: $39 million
EPS: $0.91
Result: reported results

Exact text from the filing

and digitization solutions, today reported fiscal fourth quarter and full year results for the period ended December 31, 2023. Fourth Quarter 2023 Highlights • Revenues of $551 million, down 16% y/y and down 18% organically • GAAP EPS of $0.91, down 35% y/y • Adjusted EPS of $1.46, down 17% y/y • Executed $42 million of share repurchases during the quarter, and

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

BELDEN INC. updated its first quarter of 2024 guidance (initiated).

Period: first quarter of 2024
Guidance: initiated
Result: guidance update

Exact text from the filing

First Quarter 2024: Guidance Revenues (million) $505 - $520 GAAP EPS $0.65 - $0.75 Adjusted EPS $1.00 - $1.10

View on SEC.gov

Browse all earnings releases →

BELDEN INC. filing history →

Source: SEC EDGAR

accession 0000913142-24-000004

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.