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Dec 31, 2021
Belden Q4 2021 Earnings Report
Reported strong results driven by revenue growth and margin expansion.
Key Takeaways
Belden Inc. reported strong Q4 2021 results with a 28% increase in revenues compared to the year-ago period. Adjusted EPS increased by 47%. The company also announced a definitive agreement to divest its Tripwire cybersecurity business.
Revenues for the quarter totaled $638.9 million, a 28% increase year-over-year.
Net loss was ($51.6) million, including a $131.2 million non-cash impairment charge related to Tripwire.
Adjusted EPS was $1.32, a 47% increase compared to Q4 2020.
Completed the acquisition of Macmon Secure GmbH for $43 million subsequent to quarter end.