Belden Reports Strong Q4 Earnings and Revenue, Forecasts Growth for Q1

Belden Inc. (BDC) released its financial results for the fourth quarter of 2022, demonstrating robust performance across key metrics.

Q4 Highlights:

* Net income: $58.4 million ($1.42 per share)
* Adjusted earnings per share: $1.92
* Revenue: $666 million

Full-Year Performance:

* Net income: $198.4 million ($4.80 per share)
* Revenue: $2.46 billion

Q1 2023 Forecast:

* Earnings per share: $1.43 - $1.53
* Revenue: $605 - $620 million

Stock Performance:

* Shares up over 3% year-to-date
* 58% gain over the past 12 months

Belden's positive earnings and revenue growth, coupled with its optimistic outlook for Q1 2023, reflect the company's strong position in the communications equipment market. Investors should closely monitor Belden's continued financial performance and strategic initiatives for potential opportunities.