Bel Fuse Q1 sales up 19% to $152.2M; organic down 6.4%; Q2 guidance tempered by tariffs

BEL FUSE INC /NJ

Q1 net sales $152.2M (+19% YoY), incl. $32.4M from Enercon; organic sales down 6.4%.
GAAP net earnings attributable to Bel $17.9M vs $15.9M in Q1-24.
Adjusted EBITDA $30.9M (20.3% of sales) vs $22.4M (17.5%) in Q1-24.
Farouq Tuweiq appointed President/CEO, effective after May 2025 Annual Meeting; Bernstein becomes Chairman.
Q2 guidance: net sales $145-155M, gross margin 37-39%; ~$8-10M tariff downside allowance.

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.