Bel Fuse: 3Q Earnings Snapshot
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.