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Belden (BDC) Stock News, Jul-Oct 2022

BDC NYSE

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.

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Belden Inc., a global leader in specialty networking solutions, has received Great Place to Work certification for its facilities in Nogales, Tijuana, and Monterrey, Mexico. Almost 87% of employees surveyed recognize these locations as great workplaces. The certification comes from a thorough analysis of employee feedback focusing on workplace culture and support programs. Belden emphasizes a diverse and inclusive environment, offering services that enhance employee well-being and community involvement.

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Belden Inc. (NYSE: BDC) will report its fiscal third-quarter results on November 2, 2022, before the market opens. A conference call to discuss the results is scheduled for 8:30 a.m. Eastern Time.

Investors can access the live audio of the call via the company’s website, with a replay available for a limited time. With over 120 years in the industry, Belden specializes in network infrastructure solutions and has a global manufacturing presence across North America, Europe, Asia, and Africa.

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Belden has launched the OptiTuff Mini Pre-Terminated Fiber Trunks, a unique solution that combines the durability of metal armored and the efficiency of non-armored fiber cables. These assemblies are 90% lighter and 66% smaller than traditional solutions, providing significant space and weight advantages. With twice the crush resistance of non-armored trunks, they also reduce costs by up to 50%. Ideal for tight spaces in various environments, this innovation addresses installers' demands for more efficient fiber solutions.

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Belden has partnered with Cylus to enhance cybersecurity solutions for the rail industry. The collaboration integrates Belden’s next-generation firewall with CylusOne™ software, creating a robust platform for protecting onboard and wayside systems. This partnership addresses the growing risks of cyber threats as rail technologies become more automated and connected. The solution is designed for compliance with international rail safety standards and aims to provide scalable security controls for rail operators.

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Belden has launched eight new products aimed at enhancing automation and security in industrial settings, as part of their Q3 2022 product release. Key additions include the Hirschmann OpEdge-8D Industrial Edge Gateway to streamline edge computing, and Belden DataTuff Fiber Optic Renewable Grade Cables for renewable energy applications. These innovations promise improved efficiency and reduced total cost of ownership for clients. The company continues to strengthen its position as a leading provider of networking solutions, catering to diverse industries.

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Belden has launched the Hirschmann OpEdge-8D device, enhancing IIoT connectivity within industrial networks. This device addresses the need for secure and efficient operational data management, facilitating integration between operational and information systems. Key features include application deployment at the network edge, simplified deployment across devices, and secure remote access to the cloud, improving operational efficiency and enabling predictive maintenance. The OpEdge-8D is designed for diverse industrial applications, particularly in manufacturing, energy, and transportation sectors.

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The Board of Directors of Belden Inc. (NYSE: BDC) has declared a quarterly dividend of $0.05 per share. This dividend is payable on October 6, 2022, to shareholders on record as of September 15, 2022. Belden continues to enhance its digital infrastructure offerings, emphasizing a commitment to quality and reliability.

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Belden Inc. (NYSE: BDC) reported fiscal Q2 2022 results showing revenues of $667 million, a 16% increase from $576 million in Q2 2021. Net income rose to $59 million with EPS at $1.31, up from $1.00 a year prior. Adjusted EBITDA reached $111 million, a 19% increase. The company raised its 2022 revenue guidance to $2.520 - $2.550 billion, reflecting a 12% to 13% organic growth. Despite anticipating a slight revenue dip in Q3 due to currency fluctuations, Belden remains positive about ongoing strategic initiatives and aims for $8 adjusted EPS by 2025.

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Hayward Holdings has appointed Kevin Maczka as the new Vice President of Investor Relations, bringing over a decade of experience in public company finance. Based in Charlotte, N.C., Maczka will oversee investor relations and advise leadership on shareholder matters. Previously, he held similar roles at Belden and BB&T Capital Markets. Maczka aims to strengthen Hayward's reputation among investors, leveraging his extensive knowledge of equity markets.

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Belden Inc. (NYSE: BDC) will announce its fiscal second quarter results for the period ending July 3, 2022, before trading on August 3, 2022. Management will discuss the results in a conference call at 8:30 a.m. Eastern Time. The audio of the call can be accessed live on the Company’s website. Participants can join the call using the dial-in number 888-394-8218, with confirmation code 1022870. A replay will be available for a limited time. Belden specializes in networking solutions for industrial and enterprise markets, enabling secure data transmission.

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FAQ

What is the current stock price of Belden (BDC)?

The current stock price of Belden (BDC) is $112.46 as of October 2, 2026.

What is the market cap of Belden (BDC)?

The market cap of Belden (BDC) is approximately 4.4B.