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

Issuer:     BELDEN INC. (BDC)
CIK:        0000913142
Form:       8-K
Filed at:   2024-02-08T23:59:59+00:00
Accession:  0000913142-24-000004
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/913142/000091314224000004/0000913142-24-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/913142/000091314224000004/bdc-20240208.htm
  HTML page:      https://secwatch.observer/filing/0000913142-24-000004

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