ST. LOUIS (AP) — ST. LOUIS (AP) — Belden Inc. (BDC) on Thursday reported second-quarter net income of $68.5 million.
The St. Louis-based company said it had net income of $1.74 per share. Earnings, adjusted for one-time gains and costs, were $2.34 per share.
The communications equipment company posted revenue of $750.2 million in the period.
For the current quarter ending in September, Belden expects its per-share earnings to range from $2.15 to $2.30.
The company said it expects revenue in the range of $950 million to $970 million for the fiscal third quarter.
Belden shares have decreased 12% since the beginning of the year. The stock has declined 22% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BDC at https://www.zacks.com/ap/BDC
/Space/Rocket%20launching%20into%20space%20by%20BEST%20BACKGROUNDS%20via%20Shutterstock.jpg)
/A%20Palantir%20office%20building%20in%20Tokyo_%20Image%20by%20Hiroshi-Mori-Stock%20via%20Shutterstock_.jpg)
/Close-up%20shot%20of%20Rivian%20R1T_%20Image%20by%20Trong%20Nguyen%20via%20%20Shutterstock_.jpg)
