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Dec 31, 2023
Bel Fuse Q4 2023 Earnings Report
Bel Fuse Inc. reported financial results for the fourth quarter of 2023, with net sales of $140.0 million and a gross profit margin of 36.6%.
Key Takeaways
Bel Fuse Inc. announced preliminary financial results for Q4 2023, featuring net sales of $140.0 million and a gross profit margin of 36.6%. The company also announced a new $25 million share repurchase program.
Net sales reached $140.0 million, compared to $169.2 million in Q4-22.
Gross profit margin increased to 36.6% from 31.0% in Q4-22.
The Board authorized a $25 million share repurchase program.
GAAP net sales in the first quarter of 2024 are expected to be in the range of $125 to $135 million, with gross margins holding at the full year 2023 level.
Revenue by Segment
Forward Guidance
GAAP net sales in the first quarter of 2024 are expected to be in the range of $125 to $135 million, with gross margins holding at the full year 2023 level.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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