BELDEN INC. reported first quarter 2026 results: revenue $696 million, net income $51 million, EPS $1.30.
“First Quarter 2026 Highlights • Revenues of $696 million, up 11% y/y and up 7% y/y organically • GAAP EPS of $1.30, up 2% y/y • Adjusted EPS of $1.77, up 11% y/y • Repurchased 0.3 million shares for $30 million during the quarter "Belden delivered a strong start to 2026, with revenues up 11% year over year and up 7% organically, reflecting continued momentum in our solutions strategy and solid execution across the business,” said Ashish Chand, President and CEO of Belden Inc.”
Material Agreements
BELDEN INC. entered into Purchase Agreement with Vistance Networks, Inc. valued at approximately $1.846 billion in cash (effective 2026-04-29).
“On April 29, 2026, Belden Inc., a Delaware corporation (the “Company”), and Vistance Networks, Inc., a Delaware corporation (“Vistance”) entered into a Purchase Agreement (the “Purchase Agreement”) pursuant to which the Company has agreed to purchase, and Vistance has agreed to sell, the RUCKUS reporting segment of Vistance (collectively, the “Business”) in exchange for approximately $1.846 billion in cash, on a cash-free, debt-free basis, subject to certain adjustments (the “Transaction”).”
Debt Financings
BELDEN INC. incurred senior notes of €450 million aggregate principal amount with U.S. Bank Trust Company, National Association at 4.250% maturing February 1, 2033.
“On January 28, 2026, Belden Inc. (the “Company”) completed its previously announced issuance and sale of €450 million aggregate principal amount of 4.250% Senior Subordinated Notes due 2033 (the “Notes”).”
Material Agreements
BELDEN INC. entered into Indenture with U.S. Bank Trust Company, National Association, as trustee, U.S. Bank Europe DAC, UK Branch, as principal paying agent, and U.S. Bank Europe DAC, as transfer agent and registrar valued at €450 million aggregate principal amount of 4.250% Senior Subordinated Notes due 2033 (effective 2026-01-28).
“On January 28, 2026, Belden Inc. (the “Company”) completed its previously announced issuance and sale of €450 million aggregate principal amount of 4.250% Senior Subordinated Notes due 2033 (the “Notes”). The Notes were issued pursuant to an indenture dated as of January 28, 2026 (the “Indenture”), by and among the Company, the guarantors party thereto, U.S. Bank Trust Company, National Association, as trustee (the “Trustee”), U.S. Bank Europe DAC, UK Branch, as principal paying agent, and U.S. Bank Europe DAC, as transfer agent and registrar.”
Governance Changes
BELDEN INC.: Adopted new Code of Conduct effective August 21, 2025 (effective 2025-08-21).
“Effective August 21, 2025, the Board of Directors of Belden Inc. approved the adoption of a new code of ethics for the Company, known as the Belden Code of Conduct”
Earnings Releases
BELDEN INC. updated its second quarter of 2024 guidance (reaffirmed).
“Assuming no significant changes to the current market environment, the table below provides guidance for the second quarter of 2024.”
Earnings Releases
BELDEN INC. reported first quarter ended March 31, 2024 results: revenue $536 million, EPS $0.90.
“network infrastructure and digitization solutions, today reported fiscal first quarter results for the period ended March 31, 2024. First Quarter 2024 Highlights • Revenues of $536 million, down 17% y/y and down 17% y/y organically • GAAP EPS of $0.90, down 38% y/y • Adjusted EPS of $1.24, down 26% y/y • Entered into a definitive agreement to purchase Precision”
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