Open the filing on EDGARBelden Reports Record Fourth Quarter and Full Year 2025 Results
St. Louis, Missouri - February 12, 2026 - Belden Inc. (NYSE: BDC) (“Belden” or the “Company”), a leading global supplier of specialty networking solutions, today reported fiscal fourth quarter and full year results for the period ended December 31, 2025.
Fourth Quarter 2025 Highlights
- Record Revenues of $720 million, up 8% y/y and up 5% y/y organically
- GAAP EPS of $1.70, up 20% y/y
- Record Adjusted EPS of $2.08, up 8% y/y
- Repurchased 0.4 million shares for $45 million during the quarter
Full Year 2025 Highlights
- Record Revenues of $2,715 million, up 10% y/y and up 6% y/y organically
- GAAP EPS of $5.91, up 23% y/y
- Record Adjusted EPS of $7.54, up 19% y/y
- Repurchased 1.7 million shares for $195 million during the year
"2025 was a year of clear progress and broadened market traction across the business," said Ashish Chand, President and CEO of Belden Inc. "Record orders underpinned a milestone year, delivering record revenue of $2.7 billion, up 10% year over year, and record adjusted EPS of $7.54, up 19% year over year. Performance was led by broad-based strength in Automation Solutions combined with accelerating adoption of our solutions portfolio. Consistent with our capital allocation priorities, we repurchased 1.7 million shares for $195 million during the year. We remain confidently on track to achieve our long-term targets, building on this progress to deliver sustained, profitable growth and enduring shareholder value."
Fourth Quarter 2025
Revenues for the quarter increased $54 million, or 8%, to $720 million from $666 million in the year-ago period. Revenues increased 5% organically, with Automation Solutions up 10% and Smart Infrastructure Solutions flat. Net income was $68 million, compared to $58 million in the year-ago period. Net income as a percentage of revenues was 9.4%, compared to 8.8% in the year-ago period. EPS totaled $1.70 for the quarter, compared to $1.42 in the year-ago period.
Adjusted EBITDA was $122 million, up $8 million, or 7%, compared to $114 million in the year-ago period. Adjusted EBITDA margin was 17.0%, down 10 bps, compared to 17.1% in the year-ago period. Adjusted EPS was $2.08, increasing 8% compared to $1.92 in the year-ago period. Adjusted results are non-GAAP measures, and a non-GAAP reconciliation table is provided as an appendix to this release.
Full Year 2025
Revenues for the year increased $254 million, or 10%, to $2,715 million from $2,461 million in the prior year. Revenues increased 6% organically, with Automation Solutions up 11% and Smart Infrastructure Solutions up 1%. Net income was $238 million, compared to $198 million in the prior year. Net income as a percentage of revenues was 8.7%, compared to 8.1% in the prior year. EPS totaled $5.91, compared to $4.80 in the prior year.
Adjusted EBITDA was $459 million, up $48 million, or 12%, compared to $411 million in the prior year. Adjusted EBITDA margin was 16.9%, up 20 bps, compared to 16.7% in the prior year. Adjusted EPS was $7.54, increasing 19% compared to $6.36 in the prior year.
Belden Announces Strategic Realignment to Accelerate Solutions Transformation
Effective January 1, 2026, Belden transitioned from a legacy business segment structure to a unified, functional operating model that applies across the enterprise, from executive leadership to our functional teams. In this model, the company is organized around core functions rather than separate businesses to align resources and accountability in support of our continued solutions transformation. As IT and OT networks increasingly converge, realigning our organizational structure enables us to sell and deliver converged solutions more efficiently and consistently. The new model enables us to leverage the full product portfolio for customers, speed up decision making, clarify accountability and make it simpler to package customer centric integrated solutions.
Reflecting this realignment, beginning next quarter we will report consolidated financials as a single segment while continuing to provide insights into key markets and verticals. This structure accelerates our solutions transformation within key verticals and allows us to bring integrated offerings to market faster to address customers' most pressing needs. These changes position Belden to unlock additional value for shareholders as our solutions transformation advances.
Outlook
“We are strategically positioned for the long term, with secular trends such as digitization, IT/OT convergence, physical AI and data driven efficiency supporting customer needs,” said Dr. Chand. “At the same time, we recognize there is ongoing uncertainty in the market. Our growing solutions adoption underscores ongoing customer demand, and our resilient business model and disciplined execution enable us to manage near term variability. Our guidance reflects these dynamics and aligns with Belden’s typical seasonal trends. We will continue to monitor market conditions closely and remain focused on executing the solutions transformation and delivering long term value for shareholders.”
Assuming the continuation of current market conditions, the table below provides guidance for the first quarter of 2026.
| Guidance |
|---|
| First Quarter 2026: | |
| Revenues (million) | $675 - $690 |
| GAAP EPS | $1.21 - $1.31 |
| Adjusted EPS | $1.65 - $1.75 |
Earnings Conference Call
Management will host a conference call today at 8:30 am ET to discuss the results. The listen-only audio of the conference call will be broadcast live online at https://investor.belden.com. The dial-in number for participants is 1-800-330-6710 with confirmation code 3143721. A replay of this conference call will remain accessible in the investor relations section of the Company’s website for a limited time.
Earnings per Share (EPS) and Organic Growth
All references to EPS within this earnings release refer to net income per diluted share attributable to Belden stockholders. Organic growth is calculated as the change in revenues excluding the impacts from currency exchange rates, copper prices, acquisitions, and divestitures.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited)
| Three Months Ended | Twelve Months Ended |
|---|
| December 31, 2025 | December 31, 2024 | December 31, 2025 | December 31, 2024 |
|---|
| (In thousands, except per share data) |
|---|
| Revenues | $720,120 | $666,042 | $2,715,194 | $2,460,979 |
| Cost of sales | (456,554) | (416,226) | (1,684,022) | (1,538,757) |
| Gross profit | 263,566 | 249,816 | 1,031,172 | 922,222 |
| Selling, general and administrative expenses | (130,507) | (137,362) | (533,366) | (494,603) |
| Research and development expenses | (32,542) | (28,968) | (128,758) | (112,365) |
| Amortization of intangibles | (12,975) | (14,307) | (53,356) | (48,794) |
| Operating income | 87,542 | 69,179 | 315,692 | 266,460 |
| Interest expense, net | (12,489) | (10,849) | (46,355) | (38,303) |
| Loss related to revolver refinancing | - | - | (76) | - |
| Non-operating pension cost | (1,192) | (962) | (2,395) | (215) |
| Income before taxes | 73,861 | 57,368 | 266,866 | 227,942 |
| Income tax benefit (expense) | (5,972) | 1,014 | (29,344) | (29,528) |
| Net income | 67,889 | 58,382 | 237,522 | 198,414 |
| Less: Net loss attributable to noncontrolling interest | - | (2) | - | (19) |
| Net income attributable to Belden stockholders | $67,889 | $58,384 | $237,522 | $198,433 |
| Weighted average number of common shares and equivalents: | | | | |
| Basic | 39,250 | 40,312 | 39,605 | 40,694 |
| Diluted | 39,882 | 41,087 | 40,210 | 41,299 |
| Basic income per share attributable to Belden stockholders | $1.73 | $1.45 | $6.00 | $4.88 |
| Diluted income per share attributable to Belden stockholders | $1.70 | $1.42 | $5.91 | $4.80 |
| Common stock dividends declared per share | $0.05 | $0.05 | $0.20 | $0.20 |
OPERATING SEGMENT INFORMATION
(Unaudited)
| Smart Infrastructure Solutions | Automation Solutions |
|---|
| (In thousands, except percentages) |
|---|
| For the three months ended December 31, 2025 | | |
| Segment Revenues | $322,441 | $397,679 |
| Segment EBITDA | 40,773 | 82,529 |
| Segment EBITDA margin | 12.6% | 20.8% |
| Depreciation expense | 7,435 | 9,943 |
| Amortization of intangibles | 8,442 | 4,533 |
| Amortization of software development intangible assets | 53 | 3,612 |
| Severance, restructuring, and acquisition integration costs | (136) | 1,388 |
| Adjustments related to acquisitions and divestitures | 175 | 267 |
| For the three months ended December 31, 2024 | | |
| Segment Revenues | $319,581 | $346,461 |
| Segment EBITDA | 42,401 | 71,465 |
| Segment EBITDA margin | 13.3% | 20.6% |
| Depreciation expense | 6,954 | 7,732 |
| Amortization of intangibles | 9,163 | 5,144 |
| Amortization of software development intangible assets | 12 | 2,697 |
| Severance, restructuring, and acquisition integration costs | 6,647 | 2,699 |
| Adjustments related to acquisitions and divestitures | 3,309 | 298 |
| For the twelve months ended December 31, 2025 | | |
| Segment Revenues | $1,219,422 | $1,495,772 |
| Segment EBITDA | 147,942 | 313,386 |
| Segment EBITDA margin | 12.1% | 21.0% |
| Depreciation expense | 29,069 | 34,715 |
| Amortization of intangibles | 34,228 | 19,128 |
| Amortization of software development intangible assets | 153 | 12,140 |
| Severance, restructuring, and acquisition integration costs | 6,757 | 8,210 |
| Adjustments related to acquisitions and divestitures | 175 | 862 |
| For the twelve months ended December 31, 2024 | | |
| Segment Revenues | $1,143,790 | $1,317,189 |
| Segment EBITDA | 140,092 | 269,766 |
| Segment EBITDA margin | 12.2% | 20.5% |
| Depreciation expense | 26,231 | 30,152 |
| Amortization of intangibles | 28,642 | 20,152 |
| Amortization of software development intangible assets | 12 | 10,552 |
| Severance, restructuring, and acquisition integration costs | 15,165 | 7,649 |
| Adjustments related to acquisitions and divestitures | 3,572 | 1,192 |
CONDENSED CONSOLIDATED BALANCE SHEETS
| December 31, 2025 | December 31, 2024 |
|---|
| (Unaudited) | |
|---|
| (In thousands) |
|---|
| ASSETS |
| Current assets: | | |
| Cash and cash equivalents | $389,887 | $370,302 |
| Receivables, net | 462,845 | 409,711 |
| Inventories, net | 402,345 | 343,099 |
| Other current assets | 94,303 | 73,117 |
| Total current assets | 1,349,380 | 1,196,229 |
| Property, plant and equipment, less accumulated depreciation | 566,020 | 495,625 |
| Operating lease right-of-use assets | 113,033 | 118,551 |
| Goodwill | 1,036,821 | 1,018,677 |
| Intangible assets, less accumulated amortization | 399,799 | 419,074 |
| Deferred income taxes | 14,512 | 16,353 |
| Other long-lived assets | 64,056 | 63,429 |
| $3,543,621 | $3,327,938 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY |
| Current liabilities: | | |
| Accounts payable | $361,432 | $315,724 |
| Accrued liabilities | 336,067 | 306,980 |
| Total current liabilities | 697,499 | 622,704 |
| Long-term debt | 1,285,666 | 1,130,101 |
| Postretirement benefits | 63,598 | 63,260 |
| Deferred income taxes | 98,060 | 77,333 |
| Long-term operating lease liabilities | 94,372 | 100,049 |
| Other long-term liabilities | 40,002 | 39,755 |
| Stockholders’ equity: | | |
| Common stock | 503 | 503 |
| Additional paid-in capital | 867,457 | 839,755 |
| Retained earnings | 1,405,572 | 1,176,036 |
| Accumulated other comprehensive loss | (97,204) | (3,532) |
| Treasury stock | (911,904) | (718,026) |
| Total stockholders’ equity | 1,264,424 | 1,294,736 |
| $3,543,621 | $3,327,938 |
CONDENSED CONSOLIDATED CASH FLOW STATEMENTS
(Unaudited)
| Twelve Months Ended |
|---|
| December 31, 2025 | December 31, 2024 |
|---|
| (In thousands) |
|---|
| Cash flows from operating activities: | | |
| Net income | $237,522 | $198,414 |
| Adjustments to reconcile net income to net cash from operating activities: | | |
| Depreciation and amortization | 129,433 | 115,741 |
| Share-based compensation | 30,015 | 27,532 |
| Deferred income tax expense (benefit) | 5,029 | (15,954) |
| Changes in operating assets and liabilities, net of the effects of currency exchange rate changes, acquired businesses and disposals: | | |
| Receivables | (37,771) | 18,861 |
| Inventories | (48,232) | 24,318 |
| Accounts payable | 19,456 | (21,724) |
| Accrued liabilities | 9,529 | 11,354 |
| Income taxes | (9,094) | 6,639 |
| Other assets | (281) | (6,689) |
| Other liabilities | 19,258 | (6,416) |
| Net cash provided by operating activities | 354,864 | 352,076 |
| Cash flows from investing activities: | | |
| Capital expenditures | (136,172) | (129,100) |
| Cash used for disposal of businesses, net of cash sold | - | (1,316) |
| Cash from (used for) business acquisitions | 7,744 | (296,452) |
| Proceeds from disposal of tangible assets | 191 | 113 |
| Net cash used for investing activities | (128,237) | (426,755) |
| Cash flows from financing activities: | | |
| Payments under share repurchase program, including excise tax | (195,586) | (134,308) |
| Payments on revolving credit facility | (50,000) | - |
| Withholding tax payments for share-based payment awards | (20,818) | (9,659) |
| Cash dividends paid | (7,966) | (8,195) |
| Debt issuance costs paid | (3,197) | - |
| Payments under financing lease obligations | (1,833) | (1,134) |
| Payments to noncontrolling interest holders | - | (67) |
| Other | - | 728 |
| Proceeds from issuance of common stock | 11,628 | 8,917 |
| Borrowings on revolving credit facility | 50,000 | - |
| Net cash used for financing activities | (217,772) | (143,718) |
| Effect of foreign currency exchange rate changes on cash and cash equivalents | 10,730 | (8,345) |
| Net increase (decrease) in cash and cash equivalents | 19,585 | (226,742) |
| Cash and cash equivalents, beginning of period | 370,302 | 597,044 |
| Cash and cash equivalents, end of period | $389,887 | $370,302 |
RECONCILIATION OF NON-GAAP MEASURES
(Unaudited)
In addition to reporting financial results in accordance with accounting principles generally accepted in the United States, we provide non-GAAP operating results adjusted for certain items, including: asset impairments; accelerated depreciation expense due to plant consolidation activities; purchase accounting effects related to acquisitions, such as the adjustment of acquired inventory to fair value, and transaction costs; severance, restructuring, and acquisition integration costs; gains (losses) recognized on the disposal of businesses and assets; amortization of intangible assets; gains (losses) on debt extinguishment; certain gains (losses) from patent settlements; discontinued operations; and other costs. We adjust for the items listed above in all periods presented, unless the impact is clearly immaterial to our financial statements. When we calculate the tax effect of the adjustments, we include all current and deferred income tax expense commensurate with the adjusted measure of pre-tax profitability.
We utilize the adjusted results to review our ongoing operations without the effect of these adjustments and for comparison to budgeted operating results. We believe the adjusted results are useful to investors because they help them compare our results to previous periods and provide important insights into underlying trends in the business and how management oversees our business operations on a day-to-day basis. As an example, we adjust for acquisition-related expenses, such as amortization of intangibles and impacts of fair value adjustments because they generally are not related to the acquired business' core business performance. As an additional example, we exclude the costs of restructuring programs, which can occur from time to time for our current businesses and/or recently acquired businesses. We exclude the costs in calculating adjusted results to allow us and investors to evaluate the performance of the business based upon its expected ongoing operating structure. We believe the adjusted measures, accompanied by the disclosure of the costs of these programs, provides valuable insight.
Adjusted results should be considered only in conjunction with results reported according to accounting principles generally accepted in the United States.
| Three Months Ended | Twelve Months Ended |
|---|
| December 31, 2025 | December 31, 2024 | December 31, 2025 | December 31, 2024 |
|---|
| (In thousands, except percentages and per share amounts) |
|---|
| Revenues | $720,120 | $666,042 | $2,715,194 | $2,460,979 |
| GAAP gross profit | $263,566 | $249,816 | $1,031,172 | $922,222 |
| Amortization of software development intangible assets | 3,665 | 2,709 | 12,293 | 10,564 |
| Severance, restructuring, and acquisition integration costs | 434 | 1,196 | 771 | 4,395 |
| Adjustments related to acquisitions and divestitures | - | - | - | 263 |
| Adjusted gross profit | $267,665 | $253,721 | $1,044,236 | $937,444 |
| GAAP gross profit margin | 36.6% | 37.5% | 38.0% | 37.5% |
| Adjusted gross profit margin | 37.2% | 38.1% | 38.5% | 38.1% |
| GAAP selling, general and administrative expenses | $(130,507) | $(137,362) | (533,366) | (494,603) |
| Severance, restructuring, and acquisition integration costs | 532 | 8,270 | 13,737 | 18,257 |
| Adjustments related to acquisitions and divestitures | 442 | 3,607 | 1,037 | 4,501 |
| Adjusted selling, general and administrative expenses | $(129,533) | $(125,485) | $(518,592) | $(471,845) |
| GAAP research and development expenses | $(32,542) | $(28,968) | $(128,758) | $(112,365) |
| Severance, restructuring, and acquisition integration costs | 286 | (120) | 459 | 162 |
| Adjusted research and development expenses | $(32,256) | $(29,088) | $(128,299) | $(112,203) |
| GAAP net income | $67,889 | $58,382 | $237,522 | $198,414 |
| Income tax expense (benefit) | 5,972 | (1,014) | 29,344 | 29,528 |
| Interest expense, net | 12,489 | 10,849 | 46,355 | 38,303 |
| Loss related to revolver refinancing | - | - | 76 | - |
| Non-operating pension settlement loss | - | 1,208 | - | 1,208 |
| Total non-operating adjustments | 18,461 | 11,043 | 75,775 | 69,039 |
| Amortization of intangible assets | 12,975 | 14,307 | 53,356 | 48,794 |
| Severance, restructuring, and acquisition integration costs | 1,252 | 9,346 | 14,967 | 22,814 |
| Amortization of software development intangible assets | 3,665 | 2,709 | 12,293 | 10,564 |
| Adjustments related to acquisitions and divestitures | 442 | 3,607 | 1,037 | 4,764 |
| Total operating income adjustments | 18,334 | 29,969 | 81,653 | 86,936 |
| Depreciation expense | 17,378 | 14,686 | 63,784 | 56,383 |
| Adjusted EBITDA | $122,062 | $114,080 | $458,734 | $410,772 |
| GAAP income margin | 9.4% | 8.8% | 8.7% | 8.1% |
| Adjusted EBITDA margin | 17.0% | 17.1% | 16.9% | 16.7% |
| GAAP net income | $67,889 | $58,382 | $237,522 | $198,414 |
| Less: Net loss attributable to noncontrolling interest | - | (2) | - | (19) |
| GAAP net income attributable to Belden stockholders | $67,889 | $58,384 | $237,522 | $198,433 |
| GAAP net income | $67,889 | $58,382 | $237,522 | $198,414 |
| Plus: Operating income adjustments from above | 18,334 | 29,969 | 81,653 | 86,936 |
| Plus: Loss related to revolver refinancing | - | - | 76 | - |
| Plus: Non-operating pension settlement loss | - | 1,208 | - | 1,208 |
| Less: Net loss attributable to noncontrolling interest | - | (2) | - | (19) |
| Less: Tax effect of adjustments above | 3,434 | 10,859 | 16,156 | 23,834 |
| Adjusted net income attributable to Belden stockholders | $82,789 | $78,702 | $303,095 | $262,743 |
| GAAP net income per diluted share attributable to Belden stockholders (EPS) | $1.70 | $1.42 | $5.91 | $4.80 |
| Adjusted net income per diluted share attributable to Belden stockholders (Adjusted EPS) | $2.08 | $1.92 | $7.54 | $6.36 |
| GAAP and adjusted diluted weighted average shares | 39,882 | 41,087 | 40,210 | 41,299 |
RECONCILIATION OF NON-GAAP MEASURES
(Unaudited)
We define free cash flow, which is a non-GAAP financial measure, as net cash from operating activities adjusted for capital expenditures net of the proceeds from the disposal of tangible assets. We believe free cash flow provides useful information to investors regarding our ability to generate cash from business operations that is available for acquisitions and other investments, service of debt principal, dividends and share repurchases. We use free cash flow, as defined, as one financial measure to monitor and evaluate performance and liquidity. Non-GAAP financial measures should be considered only in conjunction with financial measures reported according to accounting principles generally accepted in the United States. Our definition of free cash flow may differ from definitions used by other companies.
| Three Months Ended | Twelve Months Ended |
|---|
| December 31, 2025 | December 31, 2024 | December 31, 2025 | December 31, 2024 |
|---|
| (In thousands) |
|---|
| GAAP net cash provided by operating activities | $160,388 | $174,719 | $354,864 | $352,076 |
| Capital expenditures | (39,138) | (58,341) | (136,172) | (129,100) |
| Proceeds from disposal of assets | 23 | 7 | 191 | 113 |
| Non-GAAP free cash flow | $121,273 | $116,385 | $218,883 | $223,089 |
RECONCILIATION OF NON-GAAP MEASURES
2026 Guidance
| Three Months Ended |
|---|
| March 29, 2026 |
|---|
| GAAP EPS | $1.21- $1.31 |
| Amortization of intangible assets | 0.28 |
| Severance, restructuring, and acquisition integration costs | 0.12 |
| Loss on debt extinguishment | 0.03 |
| Adjustments related to acquisitions and divestitures | 0.01 |
| Adjusted EPS | $1.65 - $1.75 |
Our guidance is based upon information currently available regarding events and conditions that will impact our future operating results. In particular, our results are subject to the factors listed under "Forward-Looking Statements" in this release. In addition, our actual results are likely to be impacted by other additional events for which information is not available, such as asset impairments, adjustments related to acquisitions and divestitures, severance, restructuring, and acquisition integration costs, gains (losses) recognized on the disposal of assets, gains (losses) on debt extinguishment, discontinued operations, and other gains (losses) related to events or conditions that are not yet known.
Forward-Looking Statements
Forward-looking statements notice
This release contains, and any statements made by us concerning the subject matter of this release may contain, forward-looking statements, including our outlook for the first quarter of 2026 and beyond. Forward-looking statements also include any statements regarding future financial performance (including revenues, growth, expenses, earnings, margins, cash flows, dividends, capital expenditures and financial condition), plans and objectives, and related assumptions. In some cases these statements are identifiable through the use of words such as “anticipate,” “believe,” “estimate,” “forecast,” “guide,” “expect,” “intend,” “plan,” “project,” “target,” “can,” “could,” “may,” “should,” “will,” “would” and similar expressions. Forward-looking statements reflect management’s current beliefs and expectations and are not guarantees of future performance. Actual results may differ materially from those suggested by any forward-looking statements for a number of reasons, including, without limitation: the impact of volatility in global trade policies and tariffs; disruptions in the Company’s information systems including due to cyber-attacks; foreign and domestic political, economic and other uncertainties, including changes in currency exchange rates; the impact of a challenging global economy, including the impact of inflation, or a downturn in served markets; inflation and changes in the price and availability of raw materials leading to higher input and labor costs; the competitiveness of the global markets in which we operate; the impact of disruptions in the global supply chain, including the inability to timely obtain raw materials and components in sufficient quantities on commercially reasonable terms; the inability of the Company to develop and introduce new products; competitive responses to our products; difficulty in forecasting revenues due to the unpredictable timing of orders related to customer projects as well as the impacts of channel inventory; the inability to execute and realize the expected benefits from strategic initiatives (including revenue growth, cost control, and productivity improvement programs); the inability to achieve our strategic priorities in emerging markets; the presence of substitute products in the marketplace; the impacts of extreme weather events and other climate-related catastrophes; the possibility of future epidemics or pandemics; volatility in credit and foreign exchange markets; changes in tax laws and variability in the Company’s quarterly and annual effective tax rates; the inability to successfully complete and integrate acquisitions, in furtherance of the Company’s strategic plan, as well as the inability to accurately forecast the financial impacts of acquisitions; the inability to retain key employees; disruption of, or changes in, the Company’s key distribution channels; the presence of activists proposing certain actions by the Company; perceived or actual product failures; the impact of regulatory requirements and other legal compliance issues; inability to satisfy the increasing expectations with respect to environmental, social and governance matters; assertions that the Company violates the intellectual property of others and the ownership of intellectual property by competitors and others that prevents the use of that intellectual property by the Company; risks related to the use of open source software; the impairment of goodwill and other intangible assets and the resulting impact on financial performance; disruptions and increased costs attendant to collective bargaining groups and other labor matters; and other factors.
For a more complete discussion of risk factors, please see our Annual Report on Form 10-K for the period ended December 31, 2024, filed with the SEC on February 13, 2025. Although the content of this release represents our best judgment as of the date of this report based on information currently available and reasonable assumptions, we give no assurances that the expectations will prove to be accurate. Deviations from the expectations may be material. For these reasons, Belden cautions readers to not place undue reliance on these forward-looking statements, which speak only as of the date made. Belden disclaims any duty to update any forward-looking statements as a result of new information, future developments, or otherwise, except as required by law.
About Belden
Belden Inc. delivers complete connection solutions that unlock untold possibilities for our customers, their customers and the world. We advance ideas and technologies that enable a safer, smarter and more prosperous future. Throughout our 120+ year history we have evolved as a company, but our purpose remains - making connections. By connecting people, information and ideas, we make it possible. We are headquartered in St. Louis and have manufacturing capabilities in North America, Europe, Asia and Africa. For more information, visit us at www.belden.com; follow us on Facebook, LinkedIn and X/Twitter.
BDC-Financial
Aaron Reddington, CFA
(317) 219-9359
Investor.Relations@Belden.com
Contacts
Belden Investor Relations