---
schema_version: "secwatch.filing_event.v1"
accession: "0000913142-24-000016"
form_type: "8-K"
ticker: "BDC"
cik: "0000913142"
company_name: "BELDEN INC."
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T01:39:14.489231+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Belden Q1 rev down 17% to $536M; acquires Precision Optical for $290M cash

## Summary
- GAAP EPS $0.90 (down 38% YoY); adjusted EPS $1.24 (down 26% YoY).
- Revenue $536M, down 17%; Enterprise -18%, Industrial Automation -17%.
- Acquired Precision Optical Technologies for $290M cash; close expected Q2 2024.
- Q2 guidance: rev $565-580M, GAAP EPS $1.00-1.10, adjusted EPS $1.30-1.40.
- Repurchased 0.7M shares for $58M in Q1; dividend unchanged at $0.05/share.

## SEC filing metadata
- accession: 0000913142-24-000016
- form_type: 8-K
- ticker: BDC
- cik: 0000913142
- company_name: BELDEN INC.
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/913142/000091314224000016/0000913142-24-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/913142/000091314224000016/bdc-20240502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000913142-24-000016
- JSON: https://secwatch.observer/filing/0000913142-24-000016.json
- Plain text: https://secwatch.observer/filing/0000913142-24-000016.txt

## Key facts
- Earnings Releases
  BELDEN INC. updated its second quarter of 2024 guidance (reaffirmed).
  - Period: second quarter of 2024
  - Guidance: reaffirmed
  - Result: guidance update
  source text: Assuming no significant changes to the current market environment, the table below provides guidance for the second quarter of 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/913142/000091314224000016/0000913142-24-000016-index.htm
- Earnings Releases
  BELDEN INC. reported first quarter ended March 31, 2024 results: revenue $536 million, EPS $0.90.
  - Period: first quarter ended March 31, 2024
  - Revenue: $536 million
  - EPS: $0.90
  - Result: reported results
  source text: network infrastructure and digitization solutions, today reported fiscal first quarter results for the period ended March 31, 2024. First Quarter 2024 Highlights • Revenues of $536 million, down 17% y/y and down 17% y/y organically • GAAP EPS of $0.90, down 38% y/y • Adjusted EPS of $1.24, down 26% y/y • Entered into a definitive agreement to purchase Precision
  evidence_url: https://www.sec.gov/Archives/edgar/data/913142/000091314224000016/0000913142-24-000016-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.