Belden: 4Q Earnings Snapshot

ST. LOUIS (AP) _ Belden Inc. (BDC) on Wednesday reported fourth-quarter net income of $6.9 million, after reporting a loss in the same period a year earlier.

The St. Louis-based company said it had profit of 15 cents per share. Earnings, adjusted for non-recurring costs and to account for discontinued operations, came to 90 cents per share.

The communications equipment company posted revenue of $498.5 million in the period.

For the year, the company reported that its loss narrowed to $55.2 million, or $1.23 per share. Revenue was reported as $1.86 billion.

For the current quarter ending in April, Belden expects its per-share earnings to range from 60 cents to 70 cents.

The company said it expects revenue in the range of $490 million to $505 million for the fiscal first quarter.

Belden expects full-year earnings in the range of $2.90 to $3.30 per share, with revenue ranging from $1.99 billion to $2.05 billion.

Belden shares have risen 27% since the beginning of the year. The stock has risen almost 5% in the last 12 months.

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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

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