Belden reports Q3 adjusted EPS $1.97, consensus $1.92

Reports Q3 revenue $698.22M, consensus $654.93M. “We are pleased to announce record Revenues and Adjusted EPS for the third quarter, a testament to our strategic focus and steady execution,” said Ashish Chand, President and CEO of Belden (BDC) Inc. “Revenues grew 7% year-over-year to $698 million, with organic growth of 4%. Adjusted EPS for the period reached $1.97, a 16% increase year-over-year attributable to our continued progress in our solutions transformation. We saw particular strength in our Automation Solutions segment, with growth in key verticals and across all regions. Additionally, our commitment to disciplined capital allocation further enhanced shareholder value, with year-to-date share repurchases totaling $150 million. Our global team’s steady performance and commitment to innovation continue to drive our success, delivering cutting-edge solutions for our customers and creating long-term value for our shareholders.”