Bel Fuse Inc. designs, manufactures, markets, and sells products that are used in the networking, telecommunication, high-speed data transmission, commercial aerospace, military, broadcasting, transportation, and consumer electronic industries in the United States, Macao, the United Kingdom, Slovakia, Germany, Switzerland, and internationally. It offers magnetic products, such as integrated connector modules; power transformers; SMD power inductors and SMPS transformers; and telecom discrete components. The company also provides power solutions and protection products comprising front-end power supplies; board-mount power; industrial power; external power; module; and circuit protection products. In addition, it offers connectivity solutions, which includes expanded beam fiber optic connectors, cable assemblies, and active optical devices; copper-based connectors/cable assemblies; radio frequency connectors, cable assemblies, microwave devices, and low loss cables; and RJ and USB connectors, and cable assemblies. The company sells its products under the Bel, TRP Connector, MagJack, Signal, Bel Power Solutions, Melcher, CUI, Stratos, Fibreco, Cinch, Johnson, Trompeter, Midwest Microwave, Semflex, and Stewart Connector brands through direct strategic account managers, regional sales managers working with independent sales representative organizations, and authorized distributors. Bel Fuse Inc. was incorporated in 1949 and is headquartered in Jersey City, New Jersey.
IPO Year:
Exchange: NASDAQ
Website: belfuse.com
WEST ORANGE, N.J., May 20, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Bel Fuse Inc. (NASDAQ:BELFA) ("Bel" or the "Company") today announced the appointment of Lynn Hutkin as Bel's Chief Financial Officer (CFO) effective immediately following Bel's Annual Meeting of Shareholders to be held May 27, 2025. She will be responsible for Bel's financial strategies and will lead the global finance organization, including planning, treasury, tax, reporting and investor relations. In her new role Ms. Hutkin is succeeding Farouq Tuweiq, Bel's current CFO, who as previously announced will vacate his CFO role immediately following Bel's 2025 Annual Meeting of Shareholders to be held May 27, 2025
WEST ORANGE, N.J., April 28, 2025 (GLOBE NEWSWIRE) -- BEL FUSE INC. (NASDAQ:BELFA) and (NASDAQ:BELFB) today announced that its Board of Directors has declared regular quarterly cash dividends of $0.06 per share on the Company's Class A common shares and $0.07 per share on the Company's Class B common shares. Cash dividends for Class A and Class B common shares are payable on August 1, 2025 to shareholders of record on July 15, 2025. Bel currently has approximately 12,667,000 common shares outstanding, of which 2,115,000 are Class A common shares and 10,552,000 are Class B common shares. About Bel Bel (www.belfuse.com) designs, manufactures and markets a broad array of
WEST ORANGE, N.J., April 28, 2025 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (NASDAQ:BELFA), a leading global manufacturer of products that power, protect and connect electronic circuits, today announced its investor conference schedule for May 2025: Oppenheimer's 20th Annual Industrial Growth Conference (Virtual)Farouq Tuweiq, CFOLynn Hutkin, VP Financial Reporting & Investor RelationsThursday, May 8, 2025Conducting meetings throughout the day with a fireside chat at 12:45 pm ET 22nd Annual Craig-Hallum Institutional Investor ConferenceFarouq Tuweiq, CFOLynn Hutkin, VP Financial Reporting & Investor RelationsWednesday, May 28, 2025Depot Renaissance Hotel MinneapolisConducting meetings throughout
WEST ORANGE, N.J., April 24, 2025 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (NASDAQ:BELFA) today announced preliminary financial results for the first quarter of 2025. First Quarter 2025 Highlights •Net sales of $152.2 million compared to $128.1 million in Q1-24. Excluding $32.4 million of contribution from Enercon, organic sales down 6.4% from Q1-24.•Gross profit margin of 38.6%, up from 37.5% in Q1-24•GAAP net earnings attributable to Bel shareholders of $17.9 million versus $15.9 million in Q1-24•Non-GAAP net earnings attributable to Bel shareholders of $16.8 million versus $17.0 million in Q1-24•Adjusted EBITDA of $30.9 million (20.3% of sales) as compared to $22.4 million (17.5% of sales)
WEST ORANGE, N.J., April 11, 2025 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (NASDAQ:BELFA), a designer, manufacturer, and provider of products that power, protect and connect electronic circuits, today announced plans to release preliminary financial results for the first quarter after market close on Thursday, April 24, 2025. An earnings conference call has been scheduled as follows: When:Friday, April 25, 2025 at 8:30 a.m. ETDial in:877.407.0784, or international: 201.689.8560Online:https://ir.belfuse.com/events-and-presentationsHow:Live over the internet – Simply log on to the web at the address aboveReplay:844.512.2921, or international: 412.317.6671 Conference ID: 13753007 A replay will be
WEST ORANGE, N.J., March 07, 2025 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (NASDAQ:BELFA) ("Bel" or the "Company") today announced the grand opening of its new facility in Manesar, Gurugram, India, a critical milestone following Bel's acquisition of Enercon in November 2024. The original Enercon factory in India, which this replaces, was opened in 2018 and grew from 17 associates to over 200 associates today. The new facility will enable our Power Solutions and Protection segment to double its manufacturing capacity in India. This expands the overall Bel footprint outside of China thus providing more optionality for our customers. Dan Bernstein, President and CEO of Bel, commented, "We're
WEST ORANGE, N.J., Feb. 19, 2025 (GLOBE NEWSWIRE) -- BEL FUSE INC. (NASDAQ:BELFA) and (NASDAQ:BELFB) today announced that its Board of Directors has declared regular quarterly cash dividends of $0.06 per share on the Company's Class A common shares and $0.07 per share on the Company's Class B common shares. Cash dividends for Class A and Class B common shares are payable on May 1, 2025 to shareholders of record on April 15, 2025. Bel currently has approximately 12,540,000 common shares outstanding, of which 2,115,000 are Class A common shares and 10,425,000 are Class B common shares. About Bel Bel (www.belfuse.com) designs, manufactures and markets a broad array of products that
WEST ORANGE, N.J., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (NASDAQ:BELFA) today announced preliminary financial results for the fourth quarter and full year of 2024. Fourth Quarter 2024 Highlights Net sales of $149.9 million compared to $140.0 million in Q4-23. Excluding $20.8 million of contribution from Enercon, organic sales down 7.8% from Q4-23.Gross profit margin of 37.5%, up from 36.6% in Q4-23 GAAP net loss attributable to Bel shareholders of $1.8 million versus GAAP net earnings attributable to Bel shareholders of $12.0 million in Q4-23 Non-GAAP net earnings attributable to Bel shareholders of $19.0 million versus $19.5 million in Q4-23 Adjusted EBITDA of $30.3 million
WEST ORANGE, N.J., Feb. 03, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Bel Fuse Inc. (NASDAQ:BELFA) ("Bel" or the "Company") today announced an upcoming transition in the Chief Executive Officer position at Bel. After 24 years as Bel's Chief Executive Officer and 46 total years of service at the Company, Daniel Bernstein will step down as President and CEO effective immediately following Bel's 2025 Annual Meeting of Shareholders, currently scheduled for May 27, 2025. Bernstein will transition to the role of Non-Executive Chairman of the Board of Directors on that same date. As part of the leadership change, Bel's Board of Directors has appointed Farouq Tuweiq to serve as the Com
WEST ORANGE, N.J., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (NASDAQ:BELFA), a designer, manufacturer, and provider of products that power, protect and connect electronic circuits, today announced plans to release preliminary financial results for the fourth quarter after market close on Tuesday, February 18, 2025. An earnings conference call has been scheduled as follows: When:Wednesday, February 19, 2025 at 8:30 a.m. ET Dial in:877.407.0784, or international: 201.689.8560 Online:https://ir.belfuse.com/events-and-presentations How:Live over the internet – Simply log on to the web at the address above Replay:844.512.2921, or international: 412.317.6671 Conference ID: 13750153
WEST ORANGE, N.J., April 28, 2025 (GLOBE NEWSWIRE) -- BEL FUSE INC. (NASDAQ:BELFA) and (NASDAQ:BELFB) today announced that its Board of Directors has declared regular quarterly cash dividends of $0.06 per share on the Company's Class A common shares and $0.07 per share on the Company's Class B common shares. Cash dividends for Class A and Class B common shares are payable on August 1, 2025 to shareholders of record on July 15, 2025. Bel currently has approximately 12,667,000 common shares outstanding, of which 2,115,000 are Class A common shares and 10,552,000 are Class B common shares. About Bel Bel (www.belfuse.com) designs, manufactures and markets a broad array of
WEST ORANGE, N.J., April 24, 2025 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (NASDAQ:BELFA) today announced preliminary financial results for the first quarter of 2025. First Quarter 2025 Highlights •Net sales of $152.2 million compared to $128.1 million in Q1-24. Excluding $32.4 million of contribution from Enercon, organic sales down 6.4% from Q1-24.•Gross profit margin of 38.6%, up from 37.5% in Q1-24•GAAP net earnings attributable to Bel shareholders of $17.9 million versus $15.9 million in Q1-24•Non-GAAP net earnings attributable to Bel shareholders of $16.8 million versus $17.0 million in Q1-24•Adjusted EBITDA of $30.9 million (20.3% of sales) as compared to $22.4 million (17.5% of sales)
WEST ORANGE, N.J., April 11, 2025 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (NASDAQ:BELFA), a designer, manufacturer, and provider of products that power, protect and connect electronic circuits, today announced plans to release preliminary financial results for the first quarter after market close on Thursday, April 24, 2025. An earnings conference call has been scheduled as follows: When:Friday, April 25, 2025 at 8:30 a.m. ETDial in:877.407.0784, or international: 201.689.8560Online:https://ir.belfuse.com/events-and-presentationsHow:Live over the internet – Simply log on to the web at the address aboveReplay:844.512.2921, or international: 412.317.6671 Conference ID: 13753007 A replay will be
WEST ORANGE, N.J., Feb. 19, 2025 (GLOBE NEWSWIRE) -- BEL FUSE INC. (NASDAQ:BELFA) and (NASDAQ:BELFB) today announced that its Board of Directors has declared regular quarterly cash dividends of $0.06 per share on the Company's Class A common shares and $0.07 per share on the Company's Class B common shares. Cash dividends for Class A and Class B common shares are payable on May 1, 2025 to shareholders of record on April 15, 2025. Bel currently has approximately 12,540,000 common shares outstanding, of which 2,115,000 are Class A common shares and 10,425,000 are Class B common shares. About Bel Bel (www.belfuse.com) designs, manufactures and markets a broad array of products that
WEST ORANGE, N.J., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (NASDAQ:BELFA) today announced preliminary financial results for the fourth quarter and full year of 2024. Fourth Quarter 2024 Highlights Net sales of $149.9 million compared to $140.0 million in Q4-23. Excluding $20.8 million of contribution from Enercon, organic sales down 7.8% from Q4-23.Gross profit margin of 37.5%, up from 36.6% in Q4-23 GAAP net loss attributable to Bel shareholders of $1.8 million versus GAAP net earnings attributable to Bel shareholders of $12.0 million in Q4-23 Non-GAAP net earnings attributable to Bel shareholders of $19.0 million versus $19.5 million in Q4-23 Adjusted EBITDA of $30.3 million
WEST ORANGE, N.J., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (NASDAQ:BELFA), a designer, manufacturer, and provider of products that power, protect and connect electronic circuits, today announced plans to release preliminary financial results for the fourth quarter after market close on Tuesday, February 18, 2025. An earnings conference call has been scheduled as follows: When:Wednesday, February 19, 2025 at 8:30 a.m. ET Dial in:877.407.0784, or international: 201.689.8560 Online:https://ir.belfuse.com/events-and-presentations How:Live over the internet – Simply log on to the web at the address above Replay:844.512.2921, or international: 412.317.6671 Conference ID: 13750153
WEST ORANGE, N.J., Oct. 29, 2024 (GLOBE NEWSWIRE) -- BEL FUSE INC. (NASDAQ:BELFA) and (NASDAQ:BELFB) today announced that its Board of Directors has declared regular quarterly cash dividends of $0.06 per share on the Company's Class A common shares and $0.07 per share on the Company's Class B common shares. Cash dividends for Class A and Class B common shares are payable on January 31, 2025 to shareholders of record on January 15, 2025. Bel currently has approximately 12,547,000 common shares outstanding, of which 2,115,000 are Class A common shares and 10,432,000 are Class B common shares. About Bel Bel (www.belfuse.com) designs, manufactures and markets a broad array of products tha
Sales and Gross Margin Percentage Above Mid-Point of Expected RangesProvides Q4-24 Sales and Gross Margin Guidance WEST ORANGE, N.J., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (NASDAQ:BELFA) today announced preliminary financial results for the third quarter of 2024. Third Quarter 2024 Highlights Net sales of $123.6 million compared to $158.7 million in Q3-23Gross profit margin of 36.1%, up from 35.0% in Q3-23Net earnings of $8.1 million versus $19.4 million in Q3-23Adjusted EBITDA of $20.6 million (16.7% of sales) as compared to $29.9 million (18.8% of sales) in Q3-23Repurchased 26,647 shares of Bel stock at an aggregate cost of $1.9 million in Q3-24 "We were ple
WEST ORANGE, N.J., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (NASDAQ:BELFA), a designer, manufacturer, and provider of products that power, protect and connect electronic circuits, today announced plans to release preliminary financial results for the third quarter after market close on Wednesday, October 23, 2024. An earnings conference call has been scheduled as follows: When:Thursday, October 24, 2024 at 8:30 a.m. ETDial in:877.407.0784, or international: 201.689.8560Online:https://ir.belfuse.com/events-and-presentationsHow:Live over the internet – Simply log on to the web at the address aboveReplay:844.512.2921, or international: 412.317.6671Conference ID: 13749258 A repla
WEST ORANGE, N.J., Sept. 18, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. ("Bel," or, "the Company") (NASDAQ:BELFA, NASDAQ:BELFB), today announced that it has entered into a definitive agreement to acquire a majority stake in Enercon Technologies, Ltd. ("Enercon") from Fortissimo Capital based on an enterprise value of $400 million. Bel will acquire an 80% stake upfront for $320 million in cash (subject to customary adjustments), plus up to $10 million of potential earnout payments for the 2025-2026 period, with the intent to purchase the remaining 20% by early 2027 based on future EBITDA performance. Transaction highlights: Expands Bel's exposure to the aerospace and defense end market fr
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WEST ORANGE, N.J., May 20, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Bel Fuse Inc. (NASDAQ:BELFA) ("Bel" or the "Company") today announced the appointment of Lynn Hutkin as Bel's Chief Financial Officer (CFO) effective immediately following Bel's Annual Meeting of Shareholders to be held May 27, 2025. She will be responsible for Bel's financial strategies and will lead the global finance organization, including planning, treasury, tax, reporting and investor relations. In her new role Ms. Hutkin is succeeding Farouq Tuweiq, Bel's current CFO, who as previously announced will vacate his CFO role immediately following Bel's 2025 Annual Meeting of Shareholders to be held May 27, 2025
WEST ORANGE, N.J., Oct. 14, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. ("Bel," or, "the Company") (NASDAQ:BELFA, NASDAQ:BELFB), today announced its appointment of Uma Pingali as Global Head of Sales and Marketing, a newly created role. With over 30 years of management experience in global sales, marketing, business development within the electronic industry, Uma is uniquely positioned to lead and accelerate Bel's sales and marketing organizations. His experience with integrating various sales teams that have joined via acquisitions will be very helpful for Bel with our history of acquisitions. Uma started his career in India and has lived and led sales organizations there and in Singapore, Ch
WEST ORANGE, N.J., July 01, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (NASDAQ:BELFA) today confirmed consistent with prior announcements that Dennis Ackerman will retire from the Company effective July 31, 2024 after 37 years of service, having served as President of Bel Power Solutions and Protection since 2014. As previously announced, Steve Dawson, who most recently served as Vice President of Marketing and Business Development for the Power segment, has been named to succeed Mr. Ackerman. His appointment as the new President of Bel Power Solutions and Protection is effective July 1, 2024. Mr. Ackerman joined Bel in 1986 and held the positions of Customer Service Manager, Sales Manager, P
WEST ORANGE, N.J., March 07, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (NASDAQ:BELFA) ("Bel" or the "Company"), a designer, manufacturer, and provider of products that power, protect and connect electronic circuits, today announced that John Tweedy will retire from the Board and not stand for re-election at the Company's 2024 Annual Meeting of Shareholders. The Board of Directors plans to nominate David Valletta to join the Board in 2024. Mr. Tweedy has served on Bel's Board since 1996 and throughout the years has served on various committees including Audit and Executive. John has been instrumental during Bel's various acquisitions, international expansion, and recent changes to the overa
WEST ORANGE, N.J., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (NASDAQ:BELFA), a leading global manufacturer of products that power, protect, and connect electronic circuits, is pleased to announce a significant leadership change with the appointment of Steve Dawson as the new President of Bel Power Solutions and Protection, effective July 2024. Dawson will succeed Dennis Ackerman, who has played a pivotal role in the company's growth and success the past 37 years. Dawson brings a wealth of expertise to his new role with over 25 years of progressive experience in power and circuit protection. Before joining Bel, he held positions in Manufacturing, Engineering, Product Management and
JERSEY CITY, N.J., Nov. 30, 2022 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (NASDAQ:BELFA), a leading global manufacturer of products that power, protect and connect electronic circuits, today announced Suzanne Kozlovsky has been appointed as Global Head of People. In this newly created executive level position, Ms. Kozlovsky will initially be focused on a series of initiatives around associate engagement, development, talent retention strategies and compensation structure. Prior to her appointment by Bel, Ms. Kozlovsky was Vice President of Human Resources for Prinova (A Nagase Group Company) where she was a core member of the Global Executive Council and Strategy and Investment Team, leading si
JERSEY CITY, N.J., Nov. 8, 2022 /PRNewswire/ -- Bel Fuse Inc. (NASDAQ:BELFA) (Nasdaq: BELFB), a leading global manufacturer of products that power, protect and connect electronic circuits, announces the appointment of Ping Gencianeo as its new Global ESG Director. As a global company with operations in a number of local communities across 15 countries, Bel is committed to becoming a better corporate citizen. In her new role, Ping will lead a series of initiatives aimed at improving the organization globally. Specific area of focus include: Environmental: minimizing our impact on the environment across our global facilities including waste/pollution control Social: partnering with teammates a
JERSEY CITY, N.J., April 19, 2022 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (NASDAQ:BELFA), a designer, manufacturer, and provider of products that power, protect and connect electronic circuits, today announced the appointment of Sabine Mühlberger to the Position of EMEA Sales Director. She will be based near Nürnberg, Germany. Daniel Bernstein, Chief Executive Officer commented, "Sabine joins us from Molex where she held various sales management positions for over eight years, most recently as Distribution Manager for the DACH region of Central Europe. We are extremely excited to have Sabine lead Bel's newly-restructured European Sales group and looking forward to incremental success in this
JERSEY CITY, N.J., Oct. 28, 2021 (GLOBE NEWSWIRE) -- Bel Fuse Inc. ("Bel," or "the Company") (NASDAQ:BELFA, NASDAQ:BELFB), a leading supplier of products that power, protect and connect electronic circuits, today announced that Jacqueline Brito has been appointed to Bel's Board of Directors. Ms. Brito, 57, is the founder and CEO of HR Asset Partners, a leadership strategy firm offering advisory services focused on organizational culture, human capital planning, and executive and transformational leadership coaching. Before launching HR Asset Partners during the pandemic, Jackie built a successful career in leadership development, succession planning, and positive employee relations. Prio