Bel Fuse Q2 FY26 net sales rise 25.1% to 210.7 million; GAAP net earnings attributable to shareholders fall 5.1% to 25.5 million
Reuters2026/07/29 20:58- Bel Fuse posted Q2 GAAP net earnings attributable to shareholders of USD 25.48 million, down 5.14% from Q2 2025.
- Net sales rose 25.1% to USD 210.69 million; gross margin widened 1.2 percentage points to 39.9%.
- Adjusted EBITDA climbed 39% to USD 48.87 million, lifting margin to 23.2% from 20.9%.
- Raised USD 441.64 million net from an equity offering; repaid USD 197.5 million of debt, leaving no long-term debt at June 30.
- CEO Farouq Tuweiq cited defense and data solutions demand; forecast Q3 net sales of USD 205 million-USD 225 million, gross margin 39%-41%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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