Anshuman Mehrotra
On June 20, 2023, Belden Inc. (the “Company”) announced that the employment of Anshuman Mehrotra, Executive Vice President – Broadband Solutions, had terminated with immediate effect.
Highest-materiality recent filing
Belden Q2 record revenue $750M (+12% YoY), adj EPS $2.34 (+24%); Q3 rev guidance $950-970M
Record revenue $750M, up 12% YoY (8% organic); GAAP EPS $1.74, up 14% YoY.
Belden completes $1.87B RUCKUS acquisition; enters $1.85B term loan
Closed acquisition of RUCKUS Networks from Vistance (VISN) on July 1, 2026 for ~$1.87B cash, net of cash acquired.
Belden acquires RUCKUS Networks for $1.85B; expects immediate EPS accretion
Belden to acquire RUCKUS Networks from Vistance for ~$1.85B; expected to close in H2 2026 subject to regulatory approvals.
Belden Q1 revenues up 11% to $696M, Adj EPS $1.77; announces $1.85B acquisition of RUCKUS Networks
Q1 revenues $696M (+11% YoY, +7% organic); adjusted EPS $1.77 (+11% YoY); net income $51M.
Belden reports record FY2025 rev $2.7B, Adj EPS $7.54; announces single-segment model
Q4 record rev $720M (+8% y/y), GAAP EPS $1.70 (+20%), Adj EPS $2.08 (+8%)
Belden Q3 2025: record rev $698M (+7% YoY), adj EPS $1.97 (+16%); Q4 guide $690-700M rev
Record revenue of $698M, up 7% YoY (organic +4%); Automation Solutions up 10%, Smart Infrastructure down 1%.
Belden Q2 2025 revenue $672M (+11% y/y), adj. EPS $1.89 (+25% y/y); guides Q3 adj. EPS $1.85-1.95
Revenue $672M (+11% y/y; organic +5%); Automation Solutions up 8% organic, Smart Infrastructure up 3%.
Belden Q1 revenue $625M (+17% YoY), adj. EPS $1.60 (+29%); guides Q2 higher
Revenue $625M, up 17% YoY (11% organic); GAAP EPS $1.27 (+41%), adjusted EPS $1.60 (+29%).
Belden Q4 revenue $666M (+21% y/y), GAAP EPS $1.42 (+56%), guides Q1 above prior year
Q4 revenue $666M (+21% y/y, +14% organic); GAAP EPS $1.42 (+56%); Adj. EPS $1.92 (+32%).
Belden Q3: rev $655M (+4% reported, -2% organic); Adj EPS $1.70; orders up 28% y/y
GAAP EPS $1.30 (-24% y/y); Adj EPS $1.70 (-4% y/y); net income $54M vs $72M (prior year had $12M asset sale gain).
Belden Q2 revenues $604M (-13% YoY); GAAP EPS $1.19, adj. EPS $1.51; Q3 guidance rev $635-650M
Revenue $604M (-13% YoY); GAAP EPS $1.19 (-26%), adjusted EPS $1.51 (-21%).
Belden Q1 rev down 17% to $536M; acquires Precision Optical for $290M cash
GAAP EPS $0.90 (down 38% YoY); adjusted EPS $1.24 (down 26% YoY).
Belden Q4 revenue $551M (-16% y/y); GAAP EPS $0.91, adj EPS $1.46; guides Q1 adj EPS $1.00-1.10
Q4 revenues $551M, down 16% y/y and 18% organically; GAAP EPS $0.91 (-35% y/y), adjusted EPS $1.46 (-17% y/y).
Belden Q3 revenue falls 7% to $627M; adjusted EPS up 1% to $1.78; Q4 guidance weak
GAAP EPS $1.70 (-28% YoY); adjusted EPS $1.78 (+1% YoY) vs prior-year $1.77.
Preliminary Q3 revenue ~$625M vs prior outlook of $675-690M; GAAP EPS $1.67-1.69 (prior $1.40-1.50), adjusted EPS $1.75-1.77 (prior $1.75-1.85).
Belden Q2 record revenue $692M, EPS $1.60; raises FY23 adjusted EPS guide to $7.15-$7.35
Record revenue $692M (+4% YoY), organic growth +5%; GAAP EPS $1.60 (+22%), adjusted EPS $1.91 (+19%).
Belden Q1 revenue up 5% to $642M; raises full-year adjusted EPS guidance
Q1 revenue $642M (+5% YoY), organic growth 7%; GAAP EPS $1.45 (+49%), adjusted EPS $1.68 (+28%).
Belden appoints Ashish Chand as President and CEO after Roel Vestjens resigns
Ashish Chand, formerly EVP Industrial Automation, named President and CEO effective February 22, 2023.
Belden reports record FY 2022 revenue of $2.606B and EPS of $6.01
Q4 revenue $659M (+8% YoY), GAAP EPS $1.40, adjusted EPS $1.75 (+35% YoY).
Belden Q3 revenue $670M (+11% YoY), record GAAP EPS $2.35; raises full-year guidance
Revenue $670M (+11% YoY); GAAP EPS $2.35 (record) vs $0.97; adjusted EPS $1.77 (+33%).
Belden Q2 revenue up 16% to $667M, adjusted EPS $1.60 (+31%), raises FY22 guidance
Revenue $667M (+16% YoY); net income $59M; GAAP EPS $1.31 vs $1.00.
Belden Q1 revenue up 20% to $610M; raises FY2022 guidance
Revenue $610.4M (+20% YoY); net income $44.1M ($0.97 EPS) vs. $29.1M ($0.64) in Q1 2021.
Belden completes $350M cash divestiture of Tripwire cybersecurity business to HelpSystems
Transaction closed on February 22, 2022 for $350 million in cash.
Belden reports 28% revenue growth in Q4 2021, agrees to sell Tripwire for $350M
Q4 revenue $638.9M (+28% YoY); adjusted EPS $1.32 (+47% YoY); net loss ($51.6M) includes $131.2M Tripwire impairment.
Belden Q3 revenue grows 33% to $630.8M, EPS $0.91, raises full-year guidance
Revenue $630.8M (+33% YoY), net income $41.3M ($0.91 EPS) vs $20.6M ($0.46) a year ago.
Belden Q2 revenue $602M (+42% YoY), EPS $0.97; raises FY21 guidance significantly
Revenue $602M (+41.7% YoY), net income $44M vs $3.2M YoY.
Belden prices €300M 3.375% notes due 2031, will redeem 2.875% notes due 2025
€300M aggregate principal of 3.375% Senior Subordinated Notes due 2031 priced at par.
On June 20, 2023, Belden Inc. (the “Company”) announced that the employment of Anshuman Mehrotra, Executive Vice President – Broadband Solutions, had terminated with immediate effect.
Also on June 20, 2023, the Company announced that Jay Wirts had been promoted from his prior position of President – Smart Buildings to the position of Executive Vice President – Enterprise Solutions.
Effective March 31, 2023, the Company’s Board of Directors expanded the size of the Board from nine to ten and appointed Vivie “YY” Lee to the Board and to its Audit Committee.
Dr. Chand succeeds Roel Vestjens, who resigned as President and Chief Executive Officer and a member of the Board, effective as of February 22, 2023.
The Board of Directors (the “Board”) of Belden Inc. (the “Company”) has named Ashish Chand, formerly the Company’s Executive Vice President, Industrial Automation, as President and Chief Executive Officer and as a member of the Board, effective immediately.
Effective March 18, 2022, Dean McKenna, Senior Vice President, Human Resources for Belden Inc. (the “Company”) and a named executive officer in the Company’s 2021 proxy statement, was succeeded by Leah Tate.
Effective March 18, 2022, Dean McKenna, Senior Vice President, Human Resources for Belden Inc. (the “Company”) and a named executive officer in the Company’s 2021 proxy statement, was succeeded by Leah Tate.
Effective February 1, 2022, the Company’s Board of Directors expanded the size of the Board from ten to eleven and appointed Gregory McCray to the Board and to its Finance Committee and Nominating and Corporate Governance Committee.
Max materiality 0.90 · Median 0.72 · Most common event earnings