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Bel Fuse reports Q3 adjusted EPS $1.99, consensus $1.40

Reports Q3 revenue $178.98M, consensus $171.86M. “Bel delivered a strong third quarter, with sales and gross margin percentage at the high end of our guidance,” said Farouq Tuweiq, President and CEO. “This performance was driven by robust demand in commercial aerospace, defense, and a continued rebound among networking and distribution customers. Our gross margin expansion reflects the leverage gained from higher sales volumes.

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