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Bel Fuse Inc. - BELFB STOCK NEWS

Welcome to our dedicated news page for Bel Fuse (Ticker: BELFB), a resource for investors and traders seeking the latest updates and insights on Bel Fuse.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Bel Fuse's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Bel Fuse's position in the market.

Rhea-AI Summary
Bel Fuse Inc. (BELFA) to release preliminary financial results for the first quarter on April 25, 2024, with an earnings conference call scheduled for April 26, 2024. Details of the call and replay options provided.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.57%
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Rhea-AI Summary
Bel Fuse Inc. announces the retirement of John Tweedy from the Board and the nomination of David Valletta, former Executive Vice President of Worldwide Sales at Vishay Intertechnology, to join the Board in 2024. Valletta brings over 40 years of sales and growth experience in the electronic components industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.99%
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Rhea-AI Summary
Bel Fuse Inc. (BELFA) announces participation in the 36th Annual Roth Conference with CFO Farouq Tuweiq. The conference will take place on March 19 in Laguna Niguel.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.54%
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none
Rhea-AI Summary
BEL Fuse Inc. declares regular quarterly cash dividends of $0.06 per share for Class A common shares and $0.07 per share for Class B common shares. The dividends will be payable on May 1, 2024, to shareholders of record on April 15, 2024. Bel currently has 12,762,000 common shares outstanding, with 2,142,000 Class A shares and 10,620,000 Class B shares.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.17%
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dividends
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Rhea-AI Summary
Bel Fuse Inc. announces a new $25 million share repurchase program alongside preliminary financial results for Q4 2023 and full year 2023. The company saw a decrease in net sales but an increase in gross profit margin and adjusted EBITDA. The CEO highlights the company's resilience, product diversity, and future growth prospects. The CFO emphasizes operational reset and cost efficiencies. Bel anticipates a slow start in 2024 with a potential rebound in the second half of the year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-21.19%
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Rhea-AI Summary
Bel Fuse Inc. (Nasdaq: BELFA and BELFB) announced plans to release preliminary financial results for the fourth quarter after market close on Wednesday, February 21, 2024. An earnings conference call is scheduled for Thursday, February 22, 2024 at 8:30 a.m. ET. The company will provide a toll-free and international dial-in, as well as an online option for the conference call. A replay will be available after 12:30 p.m. ET for 30 days following the call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.73%
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Rhea-AI Summary
Bel Fuse Inc. announces the appointment of Steve Dawson as the new President of Bel Power Solutions and Protection, effective July 2024. Dawson brings over 25 years of experience in power and circuit protection, with a proven track record of success and leadership. His expertise has contributed to the development of a power conversion product line for commercial electric vehicles, solidifying Bel's position as a leading supplier of power and circuit protection products.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.16%
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Rhea-AI Summary
Bel Fuse Inc (Bel), a leading global manufacturer of electronic circuit products, celebrates its 75th anniversary. From servicing the auto aftermarket to supplying cutting-edge industries like e-mobility, aerospace, industrial, networking, and military, Bel has an annual revenue over $600M. Founded by Elliot Bernstein, the company's commitment to engineering excellence and innovative solutions has driven its success. Acquisitions and organic growth have expanded Bel's product portfolio and engineering capabilities, with a vision to be the supplier of choice in power, protection, and connectivity solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.94%
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Rhea-AI Summary
Bel Fuse Inc. (Nasdaq: BELFA and BELFB) announced its participation in the 26th Annual Needham Growth Conference on January 17, 2024. The company will present at 8:45 AM with meetings throughout the day at Lotte New York Palace. Key representatives include Farouq Tuweiq, CFO, and Lynn Hutkin, VP Financial Reporting & Investor Relations. The investor presentation deck and webcast will be accessible via the investor relations section of the Company’s website at: https://ir.belfuse.com/events-and-presentations
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.04%
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none
Rhea-AI Summary
Bel Fuse Inc. (Nasdaq: BELFA and BELFB) will participate in the Oppenheimer (Virtual) Summit on December 13-14. Bel Fuse is a designer, manufacturer, and provider of products that power, protect, and connect electronic circuits.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.57%
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Bel Fuse Inc.

Nasdaq:BELFB

BELFB Rankings

BELFB Stock Data

766.07M
11.92M
2.24%
71.47%
2.47%
Capacitor, Resistor, Coil, Transformer, and Other Inductor Manufacturing
Manufacturing
Link
US
Jersey City

About BELFB

founded in 1949, bel designs, manufactures and markets a broad array of products that power, protect and connect electronic circuits. with over 60 years in the electronics industry, bel has reliably demonstrated the ability to succeed in a variety of product areas across multiple industries. the company has a strong track record of technical innovation working with the engineering teams of market leaders.bel has consistently proven to be a valuable supplier to the foremost companies in its chosen industries by developing cost effective solutions for the challenges of new product development. by combining our strength in product design with our own specially-designed manufacturing facilities, bel has established itself as a formidable competitor on a global basis.