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Bel Butt报告第一季度业绩好坏参半;启动第二季度展望

2024-04-26 14:54

  • Bel Fuse press release (NASDAQ:BELFA): Q1 Non-GAAP EPS of $1.19 beats by $0.10.
  • Revenue of $128.1M (-25.7% Y/Y) misses by $0.55M.
  • Adjusted EBITDA of $24.5 million (19.2% of sales) as compared to $28.1 million (16.3% of sales) in Q1-23.
  • "As we look to Q2-2024, and given destocking is still underway in certain areas, we are expecting second quarter GAAP net sales to be in the range of $125 to $135 million vs. consensus of $140.04M with gross margins in the range of 34-36% based on information available as of today," said Daniel Bernstein, President and CEO.

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