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. (NYSE: BDC) will announce its fiscal third-quarter results on November 3, 2021, prior to market opening. The conference call is scheduled for 8:30 a.m. Eastern Time, where management will discuss the financial outcomes. Interested parties can listen live via the Internet or by dialing 800-367-2403 with confirmation code 6838798. A replay will be available later in the investor relations section of Belden's website. Founded in 1902, Belden is a leading supplier of networking solutions, headquartered in St. Louis.
Belden Inc., a leader in signal transmission solutions, has been recognized for innovation in the cabling and connectivity industry. The company received prestigious awards including the Innovators Awards and TNT Awards. Noteworthy achievements include a Platinum Award for the Belden Engineering Center for R&D and Gold Awards for its Ethernet/IP Fire-Resistant Cable and OptiTuff™ Mini Fiber Cables. These honors highlight Belden's commitment to technological advancement and customer satisfaction.
Belden Inc. (NYSE: BDC) has launched the Mobile Collaboration Center (MCC) roadshow to showcase its data center solutions across the USA. Inaugurated on September 15 in Ashburn, VA, the MCC aims to provide hands-on experiences for data center designers, installers, and operators. The roadshow will feature Belden's innovative products, including fiber cables and termination solutions, emphasizing scalability and efficiency. This initiative enhances collaboration and connectivity in data centers, supporting mission-critical operations.
Belden Inc. (NYSE: BDC) has announced new product launches in Q3 2021, enhancing its offerings in cable, connectivity, and software. New products include the Belden DataTuff® Cat 6A High Flex Industrial Ethernet Cables, designed for high-movement applications, and Belden OSDP Access Control Cables, which enhance security and performance. The company also launched Thinklogical Matrix Switch Fiber Harnesses for simplified fiber installation and Hirschmann Operating System for better integration in industrial systems. This expansion addresses growing market demands for robust networking solutions.
Belden Inc. (NYSE: BDC) has launched its new OptiTuff Mini Fiber Cable solution, setting a new standard in the cable industry. This innovative cable is up to 90% lighter and 70% smaller in diameter than traditional metal armored cables. Designed for flexibility, it can withstand significant stress, including a 9,000-pound forklift and a 31-pound data center tile drop. The cable features all-dielectric armor offering enhanced durability without the need for grounding, promoting cost-effectiveness and simplified installation for applications in data centers and telecommunications.
The Board of Directors of Belden declared a quarterly dividend of $0.05 per share, payable on October 6, 2021, to shareholders of record as of September 15, 2021. This decision underscores the company's commitment to returning value to its shareholders while continuing to support its product portfolio aimed at mission-critical network infrastructure needs.
Belden Inc. (NYSE: BDC) reported a robust fiscal second quarter 2021, with revenues of $602.0 million, a 41.7% increase from $424.8 million in the previous year. Net income surged to $44.0 million from $3.2 million, yielding an EPS of $0.97. Adjusted EBITDA rose 90.2% to $93.4 million. The company has raised its full-year revenue guidance to $2.318 - $2.348 billion, up from $2.130 - $2.180 billion, reflecting a strong demand across markets and effective strategic execution. CEO Roel Vestjens expressed optimism on order rates and ongoing growth initiatives.
Belden (NYSE: BDC) will announce its fiscal second quarter results for the period ending July 4, 2021, on August 4, 2021, before the market opens. A conference call will follow at 8:30 a.m. ET, where management will discuss the financial outcomes. Interested parties can listen live through the company's investor relations website or dial in at 800-353-6461 using the code 8744927. A replay will be available shortly after the call.
Belden specializes in networking solutions for industrial and enterprise sectors, focused on secure data transmission.
Belden Inc. (NYSE: BDC) announced the pricing of a private offering for €300 million in 3.375% senior subordinated notes due 2031, expected to close on July 28, 2021. Proceeds will be used to redeem 2.875% senior subordinated notes due 2025 by September 15, 2021. The notes are unregistered under U.S. securities laws and will be available for resale to qualified institutional buyers. This offering aims to strengthen Belden’s financial structure by reducing interest costs.
Belden Inc. (NYSE: BDC) has announced its intent to offer €300 million in senior subordinated notes due 2031, subject to market conditions. The proceeds will be used to redeem its 2.875% senior subordinated notes due 2025. The offering is targeted at eligible purchasers and will comply with the relevant securities laws. The Notes may not be offered or sold in the U.S. without registration or exemption. The announcement emphasizes Belden's commitment to improving its financial position and optimizing its capital structure.