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.
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.
The Board of Directors of Belden Inc. (NYSE: BDC) has declared a quarterly dividend of $0.05 per share. This dividend will be payable on April 7, 2022 to shareholders on record as of March 10, 2022. Belden is a leading provider of network infrastructure solutions for industrial and enterprise markets, focusing on the reliable transmission of audio, video, and data. Founded in 1902 and headquartered in location value="LU/us.mo.stluis"St. Louis, Belden operates across multiple continents.
Belden (NYSE: BDC) has launched six new products in Q1 2022 aimed at improving network performance in industrial and enterprise environments. Key products include the Hirschmann GREYHOUND 103 Ethernet Switches for reliable connections in harsh settings, and ProSoft Technology DNP3 Master Gateways for data integrity. The new Belden 10GXW52 Category 6A Shielded Cables and Fiber Express (FX) OM5 System Connectivity enhance speed and application support. These innovations position Belden as a leader in specialty networking solutions, focusing on reliability and efficiency.
Belden Inc. (NYSE: BDC) has completed the divestiture of its Tripwire cybersecurity business to HelpSystems for $350 million in cash. CEO Roel Vestjens stated this transaction enhances the company's balance sheet and provides financial flexibility for strategic growth. Belden's focus remains on capitalizing on trends in industrial automation, broadband & 5G, and smart buildings. The release also mentions the company's reliance on non-GAAP financial metrics and contains forward-looking statements regarding financial performance and market conditions.
Belden Inc. (NYSE: BDC) reported Q4 2021 revenues of $638.9 million, up 28% YoY. However, the company faced a net loss of $51.6 million, primarily due to a $131.2 million impairment related to its Tripwire business. Adjusted EBITDA increased 37% to $101.3 million, with an adjusted EPS of $1.32, a 47% increase from the previous year. For full-year 2021, revenues reached $2.408 billion, growing 29% YoY, and adjusted EPS stood at $4.78. The company plans to divest Tripwire for $350 million, enhancing financial flexibility and enabling strategic growth initiatives moving forward.
Belden Inc. (BDC), a global leader in networking solutions, was recognized as one of the top five high-performing stocks in St. Louis. With a remarkable 57% stock growth in 2021, significantly surpassing the S&P 500's 27%, the company attributes its success to a strategic focus on transformation and comprehensive solutions. Belden has secured major projects, including connectivity for SoFi Stadium and World Cup venues in Qatar. The company anticipates continued organic growth, with a 24% increase reported in Q3, positioning it well for future performance.
Belden Inc. (NYSE: BDC) has appointed Gregory McCray as a Director and member of both the Finance Committee and the Nominating and Corporate Governance Committee, effective immediately. McCray brings over 30 years of experience in communications technology, having served as CEO for companies including Access/Google Fiber and Aero Communications. Roel Vestjens, President and CEO of Belden, expressed excitement about McCray's extensive leadership experience.
Belden Inc. (NYSE: BDC) will report its fiscal fourth quarter and full-year results for the period ending December 31, 2021, before trading on February 9, 2022. The management will provide insights during a conference call at 8:30 a.m. Eastern Time. Investors can listen live via the Internet or dial in at 888-220-8451 using confirmation code 3170682. A replay will be available on the company’s investor relations page. Belden specializes in networking solutions for industrial and enterprise markets and is headquartered in St. Louis.
Belden Inc. (NYSE: BDC) has achieved Great Place to Work® Certification for the second consecutive year at its Germany location, with 76% of employees affirming it as a great workplace. The company exceeded benchmarks in all five categories of the Trust Index survey. This certification reflects the organization's focus on employee satisfaction and high-performing culture. Belden Germany joins other certified locations, enhancing the company’s reputation in workplace culture globally.
Belden India has achieved Great Place to Work Certification for the third consecutive year, reflecting high employee trust and pride in its culture. The certification process involved rigorous assessments, including employee surveys and audits. This achievement underscores Belden India's strong growth, now employing over 500 individuals across its manufacturing and commercial offices in Pune, Kochi, Bangalore, Mumbai, and Gurgaon. The certification was notably attained during a pandemic, highlighting the team's commitment to employee engagement and wellbeing.
Belden Inc. (NYSE: BDC) announced its Cekan plant in Denmark has achieved Great Place to Work Certification, with 94% of employees rating it positively on the GPTW Trust index survey. Plant Director Frank Andersen emphasized a year-long commitment to fostering a supportive work environment. The certification results were based on a survey measuring credibility, respect, fairness, pride, and camaraderie within the organization. Belden aims to continuously improve employee empowerment and workplace satisfaction.