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 Inc., a global leader in specialty networking solutions, has achieved the industry's first UL Class 4 certification for its Digital Electricity (DE) Cables. This new standard enhances safety and efficiency in fault-managed power systems, enabling users to deliver significantly more power over long distances compared to traditional methods. DE Cables provide a competitive alternative to AC power while ensuring safety through automatic shutoff mechanisms during fault events. The certification supports NEC's upcoming regulations, marking a significant advancement for the industry.
Belden Inc. (NYSE: BDC) has announced its ambitious 2025 environmental, social, and governance (ESG) goals, aimed at enhancing workplace diversity, reducing carbon emissions, and promoting ethical practices. Key targets include a 25% reduction in emissions from fiscal year 2019 levels, increasing renewable energy use, and achieving 90% waste diversion from landfills. Additionally, the company seeks to deliver unconscious bias training to all employees and engage 85% of workers in development opportunities. These initiatives reflect Belden's commitment to sustainability and ethical governance.
Belden Inc. (NYSE: BDC) will release its fiscal first quarter results for the period ending April 3, 2022 on May 4, 2022, prior to market opening. A conference call to discuss these results is scheduled for 8:30 a.m. Eastern Time that day. The call can be accessed via the internet at Belden Investor Relations or by phone at 888-204-4368 with confirmation code 8215820. A replay will be available for a limited time on the website.
Belden Inc. (NYSE:BDC), a global leader in specialty networking solutions, announced that Technology Solutions Architect Henry Franc has been appointed Chair of the Telecommunications Industry Association’s TR42 Telecommunications Cabling Systems Engineering Committee. The committee focuses on establishing standards for telecommunications cabling infrastructure for various facilities. Belden's team, led by Franc, emphasizes product-agnostic standards that benefit customers. This initiative aligns with Belden's core value of 'Reaching for Greatness' and showcases its long-standing commitment to improving connectivity solutions.
Belden celebrates the accomplishments of two associates, Henry Franc and Ron Tellas, who received the 2021 Telecommunications Industry Association (TIA) Star Awards for their contributions to the telecommunications sector. Recognized among the top 5% of individual members, they exemplify dedication to advancing standards and technology in the industry. Additionally, Belden itself earned a Top 5% Star Award, showcasing its commitment to teamwork and innovation. This recognition underscores Belden's role as a trusted partner in the telecommunications industry.
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.