Belden Inc. supplies complete connection and specialty networking solutions through businesses focused on smart infrastructure and automation. Its updates commonly cover network infrastructure, broadband, data center, industrial and IT/OT applications, including copper and fiber connectivity, racks and cabinets, cybersecurity products, digital I/O modules and automation technologies.
Belden news also includes quarterly operating results, dividend declarations, capital-structure developments, product launches, customer and partner announcements, and company innovation programs. The company serves markets such as data centers, government, healthcare, broadband and wireless service providers, warehousing and logistics, energy, transportation and discrete manufacturing.
Belden has launched its Single Pair Ethernet (SPE) portfolio designed for connectivity in industrial and transportation sectors. The SPE products include IP20-rated and IP65/IP67-rated options for various harsh environments. Key features include future-proof innovation, high-performance bandwidth support of up to 10Gbits/s, and rugged protection against extreme conditions. Particularly beneficial for Industry 4.0, these products enhance real-time communication and reduce operational costs. In transportation, they offer a 30% improvement in bending ratio, allowing for easier installation in tight spaces. They are also constructed with 55% less metal and plastic, improving sustainability.
Belden has launched its new DCX System, a high-density fiber infrastructure solution designed for data centers. This innovative system accommodates 3,840 terminations per cabinet and offers 1,280 terminated fibers per square foot. Key features include bend radius control for signal integrity, easy access through pull-out trays, and support for various fiber termination methods. The solution aims to effectively manage increasing fiber connections in diverse environments. Belden's legacy spans over 120 years, strengthening its capabilities in providing reliable network infrastructure.
Belden continues to excel in workplace culture recognition, recently achieving the Great Place to Work® certification for its U.K. operations. With 79% of employees affirming a positive work environment, the certification underscores the company's commitment to inclusivity and trust. High scores were recorded in the Great Place to Work Trust index, including 90% feeling welcome. This recognition reflects Belden's work culture, aiming to enhance employee experience and collaboration in a remote work environment.
Belden France Achieves Great Place to Work Certification
Belden, a global leader in networking solutions, has secured its eighth Great Place to Work (GPTW) certification for 2022 in its French operations. With 85% of team members expressing positive sentiments in the GPTW Trust Survey, the organization is on track to meet its employee experience goals. Senior VP Leah Tate emphasized the commitment to fostering a supportive workplace culture, while VP Aurélien Fabre noted significant team growth from 15 to 24 employees across three offices in Lyon, Toulouse, and Paris.
The Board of Directors of Belden Inc. (NYSE: BDC) declared a quarterly dividend of $0.05 per share. This dividend is payable on January 5, 2023 to shareholders recorded as of December 15, 2022. Belden, known for enhancing digital journeys with over 120 years of experience, focuses on delivering performance-driven solutions across various regions, including North America, Europe, Asia, and Africa.
Belden has inaugurated its second Customer Innovation Center (CIC) in Santa Clara, California, following the first center's opening in Stuttgart, Germany, in April 2021. The CICs are designed to foster collaboration between customers and consultants, focusing on safety, automation, quality, and productivity in an increasingly digital landscape. This initiative supports Belden's growth strategy, enabling the delivery of customized Industry 4.0 solutions for effective digital transformation. The company anticipates opening a third CIC in 2023.
Belden Denmark has once again achieved the Great Place to Work® certification, marking the seventh time in 2022. This includes high satisfaction scores of 87% from employees at its Cekan and PPC Denmark locations. The company emphasizes a culture of teamwork, feedback, and innovation. Key factors for the certification included trust, employee value, and inclusivity. Leaders express pride in fostering a supportive environment, showcasing significant improvements that reflect in the positive employee sentiments.
Belden Inc. has launched six new products in Q4 2022 aimed at enhancing data transmission and management. Highlights include the Belden Horizon™, a managed software platform promoting secure access and connectivity for OT devices, and the Hirschmann GDME Heavy-Duty Valve Connectors, designed for harsh environments. Other products include the Hirschmann GREYHOUND Switches featuring MACsec technology, and Lumberg Automation connectors that support Industrial Internet of Things applications. These innovations reflect Belden's commitment to secure and reliable network infrastructure.
Belden showcased its Industrial Automation Solutions at the SPS trade fair in Nuremberg from November 8-10, 2022. The company's solutions aim to support digital transformation and the transition to Industry 4.0. Attendees experienced product demos, including Belden Horizon™ and Hirschmann BOBCAT, and attended an interactive presentation by Jeremy Friedmar, emphasizing the urgency of building future-ready infrastructures. Belden, identified by the stock symbol BDC, aims to help manufacturers optimize and secure industrial networks, facilitating the growth of intelligent devices and robust analytics.
Belden Inc. (NYSE: BDC) reported a strong fiscal Q3 2022 with revenues of $670 million, an 11% increase from the prior year. Net income rose to $104 million (15.5% of revenue), largely due to a $38 million gain from an asset sale. Record EPS was $2.35, compared to $0.97 in Q3 2021. Adjusted EBITDA reached $118 million, showing a 17% growth. The company raised its full-year revenue guidance to $2.583 - $2.598 billion, expecting 15% to 16% organic growth. Fourth-quarter revenue is projected between $635 - $650 million, influenced by seasonal patterns and a stronger USD.