Bel Fuse (BELFB)
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Bel Fuse (BELFB) - 2020 Q1 - Quarterly Report
2020-05-09 03:53
Large accelerated filer ☐ Accelerated filer ☒ Non-accelerated filer ☐ Smaller reporting company ☒ Emerging growth company ☐ Title of Each Class Trading Symbol Name of Exchange on Which Registered Class A Common Stock ($0.10 par value)BELFA Nasdaq Global Select Market Class B Common Stock ($0.10 par value)BELFB Nasdaq Global Select Market UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE A ...
Bel Fuse (BELFB) - 2019 Q4 - Annual Report
2020-03-25 20:57
Title of Each Class Trading Symbol Name of Each Exchange on which Registered Class A Common Stock ($0.10 par value) BELFA NASDAQ Global Select Market Class B Common Stock ($0.10 par value) BELFB NASDAQ Global Select Market (MARK ONE) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2019 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to _______ ...
Bel Fuse (BELFB) - 2019 Q3 - Quarterly Report
2019-11-12 23:42
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of Each Class Trading Symbol Name of Exchange on Which Registered Class A Common Stock ($0.10 par value)BELFA Nasdaq Global Select Market Class B Common Stock ($0.10 par value)BELFB Nasdaq Global Select Market FORM 10-Q (MARK ONE) [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2019 or [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF T ...
Bel Fuse (BELFB) - 2019 Q3 - Earnings Call Transcript
2019-11-03 04:49
Bel Fuse Inc. (NASDAQ:BELFB) Q3 2019 Results Conference Call October 30, 2019 11:00 AM ET Company Participants Dan Bernstein - President and CEO Craig Brosious - VP, Finance Carlos Quintanilla - Corporate Account Manager Conference Call Participants Theodore O'Neill - Litchfield Hills Research Jim Ricchiuti - Needham & Company Hendi Susanto - G. Research Operator Good day, and welcome to the Bel Fuse Inc. Third Quarter 2019 Results Conference Call. Today's conference is being recorded. At this time, I'd lik ...
Bel Fuse (BELFB) - 2019 Q2 - Quarterly Report
2019-08-07 02:30
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________ Large accelerated filer [ ] Accelerated filer [X] Non-accelerated filer [ ] Smaller reporting company [X] Emerging growth company [ ] Title of Each Class Trading Symbol Name of Exchange on Which Registered Class A Common Stock ($0.10 par value)BELFA Nasdaq Global Select Market Class B Common Stock ($0.10 par value)BELFB Nasdaq Global Select Market FORM 10-Q (MARK ONE) [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR ...
Bel Fuse (BELFB) - 2019 Q2 - Earnings Call Transcript
2019-08-05 01:22
Bel Fuse Inc. (NASDAQ:BELFB) Q2 2019 Earnings Conference Call August 1, 2019 11:00 AM ET Company Representatives Dan Bernstein - President, Chief Executive Officer Craig Brosious - Vice President of Finance Lynn Hutkin - Director of Financial Reporting Conference Call Participants Theodore O’Neill - Litchfield Hills Research Jim Ricchiuti - Needham & Company Hendi Susanto - G. Research Operator Good day, and welcome to the Bel Fuse Inc. Second Quarter 2019 Results Conference Call. Today’s conference is bei ...
Bel Fuse (BELFB) - 2019 Q1 - Quarterly Report
2019-05-10 02:42
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________ Large accelerated filer [ ] Accelerated filer [X] Non-accelerated filer [ ] Smaller reporting company [X] Emerging growth company [ ] Title of Each Class Trading Symbol Name of Exchange on Which Registered Class A Common Stock ($0.10 par value)BELFA Nasdaq Global Select Market Class B Common Stock ($0.10 par value)BELFB Nasdaq Global Select Market FORM 10-Q (MARK ONE) [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR ...
Bel Fuse (BELFB) - 2019 Q1 - Earnings Call Transcript
2019-05-06 09:43
Bel Fuse, Inc. (NASDAQ:BELFB) Q1 2019 Results Earnings Conference Call May 2, 2019 11:00 AM ET Company Participants Dan Bernstein - President and Chief Executive Officer Craig Brosious - Vice President, Finance Lynn Hutkin - Director of Financial Reporting Conference Call Participants Mike Morales - Walthausen & Company Hendi Susanto - G. Research Operator Good day, and welcome to the Bel Fuse Inc. First Quarter 2019 Results Conference Call. Today's conference is being recorded. At this time, I'd like to t ...
Bel Fuse (BELFB) - 2018 Q4 - Annual Report
2019-03-09 05:27
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________ NEW JERSEY 22-1463699 (State of incorporation) (I.R.S. Employer Identification No.) Title of Each Class Name of Each Exchange on which Registered Class A Common Stock ($0.10 par value) NASDAQ Global Select Market Class B Common Stock ($0.10 par value) NASDAQ Global Select Market FORM 10-K (MARK ONE) [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended De ...
Bel Fuse (BELFB) - 2018 Q4 - Earnings Call Transcript
2019-02-22 06:05
财务数据和关键指标变化 - 2018年全年销售额达5.48亿美元,为2015年以来最高水平,净利润2100万美元,创十多年来新高 [8] - 第四季度销售额1.427亿美元,同比增长19%,三大产品线均实现两位数增长 [9] - 2018年底订单积压1.712亿美元,同比增长17%,各主要产品组积压订单均增长 [9] - 第四季度毛利率21.3%,高于2017年同期的18.5%,主要因销售增长改善固定成本分摊 [16] - 第四季度每股收益:A类股0.31美元(2017年同期亏损1.66美元),B类股0.33美元(2017年同期亏损1.74美元) [20] 各条业务线数据和关键指标变化 - 磁性解决方案组2018年销售额同比增加2440万美元,主要因集成连接器模块需求旺盛,订单积压增长970万美元(28%) [10] - 连接解决方案组销售额同比增加1640万美元,Cinch业务增长820万美元,Stewart被动连接器销售增长820万美元,订单积压增长780万美元(16%) [11] - 电源解决方案与保护组销售额同比增加1580万美元,为2015年以来首次增长,排除NPS剥离影响实际增长2100万美元(14%),订单积压增长710万美元(11%) [12] 各个市场数据和关键指标变化 - 第四季度分区域销售额:北美7030万美元,亚洲4910万美元,欧洲2330万美元 [15] - 中国地区销售额占比约35%,但主要通过非中国CEM厂商(如Flex、富士康)实现 [40] 公司战略和发展方向和行业竞争 - 电源业务被视为最具增长潜力的部门,已通过改进质量和客户服务重建市场地位 [31] - 调整研发策略,从广泛撒网转向聚焦目标客户,已签署90份高能效汽车NDA,预计相关业务将从300-500万美元规模翻倍 [33] - 预计华为受限将使诺基亚、思科等客户增加采购,可能带动公司业务增长 [37] 管理层对经营环境和未来前景的评论 - 对2019年持谨慎乐观态度,预计销售增长和盈利能力将持续 [14] - 注意到IC行业可能存在库存过高风险,但尚未影响公司销售和订单积压 [28] - 约10%的年收入受关税影响,目前大部分成本已通过发票附加费转嫁给客户 [13] 其他重要信息 - 2018年现金及等价物减少1540万美元至5390万美元,主要用于债务偿还(900万美元)、资本支出(1160万美元)和股息支付(330万美元) [21] - 应收账款增加1310万美元至9190万美元,库存增加1230万美元至1.201亿美元 [22] 问答环节所有提问和回答 关于业务细分表现 - 80%产品线表现强劲,仅模块化和DC-DC业务因客户特定问题下滑 [27] - 1月销售表现强劲,但关注IC行业库存过高可能带来的潜在影响 [28] 关于电源业务发展 - 目标实现10%的持续增长,已通过客户多元化(如数据中心、高能效汽车)改善业务稳定性 [34] 关于中国市场 - 中国市场价格竞争激烈,跨国公司正调整供应链布局以规避关税(如将生产转移至马来西亚) [41] 关于财务指标展望 - 预计在适度销售增长下毛利率可提升1-1.5个百分点 [44] - 劳动力成本同比影响将在2019年第三季度后趋于可比 [45] 关于关税影响 - 2018年关税相关成本约240万美元,其中约780万美元已转嫁给客户 [47][48]