Bel Reports Second Quarter 2024 Results
WEST ORANGE, N.J., July 24, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB) today announced preliminary financial results for the second quarter of 2024. Net sales of 168.8 million in Q2-23 Gross profit margin of 40.1%, up from 32.9% in Q2-23 Net earnings of 27.8 million in Q2-23 Adjusted EBITDA of 28.6 million (17.0% of sales) in Q2-23 Repurchased 126,552 shares of Bel stock at an aggregate cos ...