Belden Q3 revenue rises 38%, slightly beats estimates
BDC•Belden's fiscal third-quarter revenue rose 38% year over year to $966 million, slightly above the $961.82 million consensus, while adjusted EPS of $2.26 met estimates. The company forecast fourth-quarter revenue of $960 million to $980 million and adjusted EPS of $2.20 to $2.35.
1. Quarterly results
Belden reported fiscal third-quarter revenue of $966 million, up 38% year over year and slightly above analysts' $961.82 million consensus. Adjusted EPS was $2.26, in line with estimates; adjusted EBITDA was $171 million, with a 17.70% margin.
2. Outlook and agreement
Belden expects fourth-quarter revenue of $960 million to $980 million and adjusted EPS of $2.20 to $2.35. It also announced a $100 million data center supply agreement for 2027 and expects its data center business to grow more than 50% that year. The company cited demand for networking infrastructure driven by AI and automation investments and said integration of its Ruckus acquisition is progressing.
