U.S. Markets closed

Bel Fuse: 1Q Earnings Snapshot

JERSEY CITY, N.J. (AP) _ Bel Fuse Inc. (BELFA) on Thursday reported first-quarter net income of $1.1 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Jersey City, New Jersey-based company said it had net income of 8 cents. Earnings, adjusted for non-recurring costs, were 20 cents per share.

The maker of electronic products for circuits posted revenue of $125.4 million in the period.

Bel Fuse shares have increased 50% since the beginning of the year. The stock has increased 15% 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 BELFA at https://www.zacks.com/ap/BELFA