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Bel Fuse: 4Q Earnings Snapshot

JERSEY CITY, N.J. (AP) _ Bel Fuse Inc. (BELFB) on Thursday reported fourth-quarter net income of $4 million, after reporting a loss in the same period a year earlier.

The Jersey City, New Jersey-based company said it had profit of 33 cents per share. Earnings, adjusted for non-recurring costs and restructuring costs, came to 39 cents per share.

The maker of electronic products for circuits posted revenue of $142.7 million in the period.

For the year, the company reported net income of $20.7 million, or $1.73 per share, swinging to a profit in the period. Revenue was reported as $548.2 million.

Bel Fuse shares have risen 36 percent since the beginning of the year. The stock has risen 33 percent 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 BELFB at https://www.zacks.com/ap/BELFB