Bel Fuse: 2Q Earnings Snapshot
JERSEY CITY, N.J. (AP) _ Bel Fuse Inc. (BELFA) on Thursday reported second-quarter net income of $3 million.
On a per-share basis, the Jersey City, New Jersey-based company said it had profit of 23 cents. Earnings, adjusted for non-recurring gains, came to 3 cents per share.
The maker of electronic products for circuits posted revenue of $127.4 million in the period.
Bel Fuse shares have risen 12% since the beginning of the year. The stock has decreased 23% in the last 12 months.