Welcome to our dedicated page for Belden news (Ticker: $BDC), a resource for investors and traders seeking the latest updates and insights on Belden stock.
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Belden Inc. (NYSE: BDC) reported fiscal first quarter results with revenues of $536 million, down 17% y/y, GAAP EPS of $0.90, down 38% y/y, and adjusted EPS of $1.24, down 26% y/y. The company entered into an agreement to acquire Precision Optical Technologies, Inc. for $290 million in cash.
Belden (NYSE: BDC) has launched new network and data capabilities for the discrete manufacturing sector through its platform Belden Horizon, aiming to improve production uptime, real-time analytics, and data interoperability. These capabilities help manufacturers advance their digitization journeys, increase efficiency, and revenue by collecting and analyzing high-value data from connected operational technology devices. Belden's solutions focus on network resilience, edge computing, and data interoperability, addressing common pain points in discrete manufacturing to minimize downtime, pursue real-time analytics, and overcome data silos.
Belden Inc. (NYSE: BDC) welcomed a U.S. Congressional Delegation to its manufacturing facility in Nogales, Mexico to showcase its fiber optic production capabilities. The tour emphasized significant investments in production capacity and highlighted the importance of the binational relationship between Mexico and the United States.