Bel Fuse: 2Q Earnings Snapshot
JERSEY CITY, N.J. (AP) _ Bel Fuse Inc. (BELFB) on Thursday reported second-quarter profit of $3 million.
The Jersey City, New Jersey-based company said it had net income of 24 cents per share. 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 dropped 10% since the beginning of the year. The stock has fallen 27% in the last 12 months.