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Dec 31, 2019
Belden Q4 2019 Earnings Report
Belden's fourth quarter 2019 earnings were reported, with revenues slightly decreasing and adjusted EPS exceeding guidance.
Key Takeaways
Belden Inc. reported Q4 2019 results with revenues of $549.7 million, a slight decrease of 0.4% compared to the prior-year period. EPS was $0.05, while adjusted EPS was $1.20, exceeding the high end of guidance. The company is undergoing a transformation, including the divestiture of Grass Valley and a cost reduction program.
Revenues for the quarter totaled $549.7 million, a decrease of 0.4% year-over-year.
EPS totaled $0.05, compared to $0.68 in Q4 2018.
Adjusted EPS was $1.20, compared to $1.26 in Q4 2018, exceeding the high end of guidance.
Company is undergoing transformation with divestiture of Grass Valley and cost reduction program.
Forward Guidance
Belden anticipates continued transformation in 2020, positioning the Company for profitable growth amidst challenging near-term demand trends.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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