secwatch.observer — SEC 8-K summary
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Issuer:     BEL FUSE INC /NJ (BELFA)
CIK:        0000729580
Form:       8-K
Filed at:   2025-04-24T23:59:59+00:00
Accession:  0001437749-25-012997
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/729580/000143774925012997/0001437749-25-012997-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/729580/000143774925012997/belfb20250303_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-012997

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer