Belden Q4 revenue $666M (+21% y/y), GAAP EPS $1.42 (+56%), guides Q1 above prior year

BELDEN INC.

2024-FY EPS reported $4.80 revenue$2,460,979,000

Q4 revenue $666M (+21% y/y, +14% organic); GAAP EPS $1.42 (+56%); Adj. EPS $1.92 (+32%).
Full year revenue $2,461M (-2%); GAAP EPS $4.80 (-15%); Adj. EPS $6.36 (-7%).
Q1 2025 guidance: revenue $605-620M (13-16% growth); Adj. EPS $1.43-1.53 (15-23% growth).
Free cash flow $223M (+3% y/y); repurchased 1.3M shares for $133M in 2024.
Both segments grew 14% organically in Q4; adj. EBITDA margin expanded 110bps to 17.1%.

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