Bel Fuse Inc. (“Bel,” or, “the Company”) (Nasdaq:BELFA and Nasdaq:BELFB), a leading supplier of products that power, protect and connect electronic circuits, today announced that the Company has entered into an asset purchase agreement (the “Agreement”) with CUI Global Inc. (CUI), in which CUI will sell the majority of its Power business (the “CUI Power Business”) to Bel for $32.0 million, plus the assumption of certain liabilities and subject to closing working capital adjustments. Based in Tualatin, Oregon, the CUI Power Business, a division of CUI Global Inc., had TTM sales of approximately $37 million with products and distribution that offer strong opportunities for growth.
JERSEY CITY, N.J., Feb. 12, 2020 -- Bel Fuse Inc. (“Bel,” or, “the Company”) (Nasdaq:BELFA and Nasdaq:BELFB), a leading supplier of products that power, protect and connect.
JERSEY CITY, N.J., Feb. 20, 2020 -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB) today announced preliminary financial results for the fourth quarter and full year of 2019. Fourth.
Q4 2017 Bel Fuse Inc Earnings Call
JERSEY CITY, N.J., Jan. 13, 2020 -- Bel Fuse Inc. (“Bel,” or, “the Company”) (Nasdaq:BELFA and Nasdaq:BELFB), a leading supplier of products that power, protect and connect.
CUI Global, Inc. (NASDAQ: CUI), (the "Company") today announced the completion of the sale of the majority of its Power business to Bel Fuse (Nasdaq: BELFA and Nasdaq: BELFB) for $32.0 million in cash, subject to post-closing adjustments. The Company expects to utilize the proceeds from the sale to implement its strategy to build an infrastructure services company and for general corporate purposes.
Q1 2020 Bel Fuse Inc Earnings Call
Is Bel Fuse, Inc. (NASDAQ:BELFA) a good place to invest some of your money right now? We can gain invaluable insight to help us answer that question by studying the investment trends of top investors, who employ world-class Ivy League graduates, who are given immense resources and industry contacts to put their financial expertise to […]
Q3 2019 Bel Fuse Inc Earnings Call
JERSEY CITY, N.J., Oct. 30, 2019 -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB) today announced preliminary financial results for the third quarter of 2019. Third Quarter 2019.
Bel also announced that Robert H. Simandl and Norman Yeung have retired from Bel’s board effective today. Mr. Simandl served on Bel’s board since 1967 and was additionally a committee member on Bel’s Executive and Nominating committees.
Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite inv…
Bel Fuse Inc. (“Bel,” or, “the Company”) (Nasdaq:BELFA and Nasdaq:BELFB), a leading supplier of products that power, protect and connect electronic circuits, today announced that the Company has closed on its previously-announced asset purchase agreement (the “Agreement”) with CUI Global Inc. (CUI) related to the purchase of the majority of the power business of CUI Inc. The acquired business had trailing twelve-month sales of approximately $37 million and is expected to be accretive to Bel’s consolidated net earnings by the second quarter of 2020. Bel will continue to operate the business from CUI Inc.’s leased ISO 9001:2015-certified facility in Tualatin, Oregon.
- CUI Global Retains Investment in Virtual Power Systems - TUALATIN, Ore. and JERSEY CITY, N.J. , Nov. 11, 2019 /PRNewswire/ -- CUI Global, Inc. (Nasdaq: CUI) ("CUI Global") and Bel Fuse Inc. ...
JERSEY CITY, N.J., April 16, 2020 -- Bel Fuse Inc. (“Bel,” or, “the Company”) (Nasdaq:BELFA and Nasdaq:BELFB), a leading supplier of products that power, protect and connect.
JERSEY CITY, N.J., May 06, 2020 -- BEL FUSE INC. (NASDAQ:BELFA) and (NASDAQ:BELFB) today announced that its Board of Directors has declared regular quarterly cash dividends of.
Is Bel Fuse, Inc. (NASDAQ:BELFB) a good stock to buy right now? We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and 20 payment structure, hedge funds have more incentives and resources than the average investor. The funds […]
JERSEY CITY, N.J., May 15, 2020 -- BEL FUSE INC. (NASDAQ:BELFA) and (NASDAQ:BELFB) today announced that the Board plans to adjourn its 2020 Annual Shareholders’ meeting that.
Shares of Bel Fuse (NASDAQ:BELFA) remained unaffected at $7.11 after the company reported Q1 results.Quarterly Results Earnings per share decreased 240.00% year over year to ($0.28), which beat the estimate of ($0.30).Revenue of $103,978,000 lower by 17.08% year over year, which missed the estimate of $115,000,000.Outlook Bel Fuse hasn't issued any earnings guidance for the time being.Bel Fuse hasn't issued any revenue guidance for the time being.Details Of The Call Date: May 01, 2020View more earnings on BELFATime: 11:05 AM ETWebcast URL: https://edge.media-server.com/mmc/p/mybb8rsgTechnicals Company's 52-week high was at $20.6452-week low: $6.08Price action over last quarter: down 40.45%Company Profile Bel Fuse Inc designs and manufactures electronic components that protect and connect electronic circuits. Its product portfolio is divided into three categories namely, magnetic solutions, power solutions and protection, and connectivity solutions. These products are used for the computer, networking, telecommunications, transportation and defense/aerospace, automotive, medical and consumer electronics industries. Its segments consist of North America, Asia, and Europe with most of the revenues derived from North America.See more from Benzinga * Recap: Virtus Investment Q1 Earnings * Recap: Berry Global Group Q2 Earnings * Recap: Magellan Midstream Q1 Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
JERSEY CITY, N.J., May 01, 2020 -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a designer, manufacturer and provider of products that power, protect and connect electronic.
Q4 2019 Bel Fuse Inc Earnings Call