Earnings ·
Reports Q3 revenue of $966M and announces $100M data center agreement for 2027
BDCBelden Inc.
Belden Inc. reported record third-quarter fiscal 2026 revenues of $966 million, a 38% increase year-over-year, driven by strong demand in AI and automation markets. Adjusted earnings per share reached $2.26, up 15%, while GAAP EPS was ($0.29) due to non-cash purchase accounting charges from the Ruckus acquisition. The company also surpassed $1 billion in quarterly orders for the first time, closing at $1,017 million with a book-to-bill ratio of 1.05x. Additionally, Belden announced a signed agreement to supply $100 million of fiber solutions to a major US data center customer in 2027, signaling expected growth of more than 50% for its data center business next year. The company operates as a global full-stack networking solutions provider.