Bel Fuse Q1 2023 sales up 26% to $172.3M; net earnings $14.6M vs $5.1M

BEL FUSE INC /NJ

Net sales $172.3M (+26.1% YoY); gross margin 31.1% up from 25.0%.
Net earnings $14.6M ($0.00? check further: 14.6M vs 5.1M).
Adjusted EBITDA $28.1M (16.3% of sales) vs $11.6M (8.5%) in Q1-22.
Power and Connectivity groups each posted record sales in Q1-23.
Q2-23 sales guidance $162-$170M, excluding any expedite fee revenue.

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.