Bel Reports Second Quarter 2024 Results
Bel Fuse (BELFA) GlobeNewswire News Room·2024-07-25 04:15
Continued Gross Margin Performance with Sales Above Mid-Point of Expected RangeProvides Q3-24 Sales and Gross Margin Guidance 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. Second Quarter 2024 Highlights Net sales of 168.8 million in Q2-23Gross profit margin of 40.1%, up from 32.9% in Q2-23Net earnings of 27.8 million in Q2-23Adjusted E ...