earnings
confidence high
sentiment positive
materiality 0.90
Belden Q1 revenues up 11% to $696M, Adj EPS $1.77; announces $1.85B acquisition of RUCKUS Networks
BELDEN INC.
2026-Q1 EPS reported
$1.30
revenue$696,375,000
- Q1 revenues $696M (+11% YoY, +7% organic); adjusted EPS $1.77 (+11% YoY); net income $51M.
- Announced definitive agreement to acquire RUCKUS Networks from Vistance Networks for ~$1.85B.
- Q2 2026 guidance: revenues $735-750M, GAAP EPS $1.53-1.63, adjusted EPS $1.95-2.05.
- Repurchased 0.3M shares for $30M during Q1.
- Adjusted EBITDA $118M, margin 17.0% (+40 bps YoY).