AP NEWS

Bel Fuse: 3Q Earnings Snapshot

October 30, 2019

JERSEY CITY, N.J. (AP) _ Bel Fuse Inc. (BELFA) on Wednesday reported a third-quarter loss of $6.5 million, after reporting a profit in the same period a year earlier.

The Jersey City, New Jersey-based company said it had a loss of 51 cents per share. Earnings, adjusted for asset impairment costs and restructuring costs, were 19 cents per share.

The maker of electronic products for circuits posted revenue of $124.5 million in the period.

Bel Fuse shares have increased slightly more than 2% since the beginning of the year. The stock has fallen 25% in the last 12 months.

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