Press Releases

November 14, 2024

Bel Closes Its Previously Announced Acquisition of Enercon Technologies

Acquired 80% Stake Upfront with Intent to Purchase Remaining 20% by Early 2027 WEST ORANGE, N.J. , Nov. 14, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (“Bel,” or, “the Company”) (Nasdaq:BELFA and Nasdaq:BELFB), announced today that it has closed the previously announced majority stake acquisition of...

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November 7, 2024

Bel Fuse Announces Upcoming Investor Conference Schedule for November 2024

WEST ORANGE, N.J. , Nov. 07, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc . (Nasdaq: BELFA and BELFB), a leading global manufacturer of products that power, protect and connect electronic circuits, today announced its investor conference schedule for November 2024 : Baird 2024 Global Industrial Conference...

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October 29, 2024

Bel Fuse Inc. Announces Regular Quarterly Cash Dividend on its Class A and Class B Shares

WEST ORANGE, N.J. , Oct. 29, 2024 (GLOBE NEWSWIRE) -- BEL FUSE INC. (NASDAQ:BELFA) and (NASDAQ:BELFB) today announced that its Board of Directors has declared regular quarterly cash dividends of $0.06 per share on the Company's Class A common shares and $0.07 per share on the Company's Class B...

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October 23, 2024

Bel Reports Third Quarter 2024 Results

Sales and Gross Margin Percentage Above Mid-Point of Expected Ranges Provides Q4-24 Sales and Gross Margin Guidance WEST ORANGE, N.J. , Oct. 23, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc . (Nasdaq: BELFA and BELFB) today announced preliminary financial results for the third quarter of 2024....

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October 14, 2024

Bel Announces Appointment of Umasankar (‘Uma”) Pingali as Global Head of Sales and Marketing

WEST ORANGE, N.J. , Oct. 14, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (“Bel,” or, “the Company”) (Nasdaq:BELFA and Nasdaq:BELFB), today announced its appointment of Uma Pingali as Global Head of Sales and Marketing, a newly created role. With over 30 years of management experience in global sales,...

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October 9, 2024

Bel Fuse Schedules Third Quarter 2024 Financial Results Conference Call

WEST ORANGE, N.J. , Oct. 09, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc.  (Nasdaq: BELFA and BELFB) , a designer, manufacturer, and provider of products that power, protect and connect electronic circuits, today announced plans to release preliminary financial results for the third quarter after market...

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September 18, 2024

Bel Announces Agreement to Acquire Enercon Technologies

Significantly expands Bel’s presence in the higher-margin Aerospace & Defense markets, enhancing our financial profile, expanding our product portfolio and diversifying our customer base WEST ORANGE, N.J. , Sept. 18, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (“Bel,” or, “the Company”) (Nasdaq:BELFA...

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August 1, 2024

Bel Fuse Inc. Announces Regular Quarterly Cash Dividend on its Class A and Class B Shares

WEST ORANGE, N.J. , Aug. 01, 2024 (GLOBE NEWSWIRE) -- BEL FUSE INC. (NASDAQ:BELFA) and (NASDAQ:BELFB) today announced that its Board of Directors has declared regular quarterly cash dividends of $0.06 per share on the Company's Class A common shares and $0.07 per share on the Company's Class B...

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July 24, 2024

Bel Reports Second Quarter 2024 Results

Continued Gross Margin Performance with Sales Above Mid-Point of Expected Range Provides Q3-24 Sales and Gross Margin Guidance WEST ORANGE, N.J. , July 24, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc . (Nasdaq: BELFA and BELFB) today announced preliminary financial results for the second quarter of 2024....

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July 10, 2024

Bel Fuse Schedules Second Quarter 2024 Financial Results Conference Call

WEST ORANGE, N.J. , July 10, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc.  (Nasdaq: BELFA and BELFB) , a designer, manufacturer, and provider of products that power, protect and connect electronic circuits, today announced plans to release preliminary financial results for the second quarter after market...

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