Bel Fuse: Q4 Earnings Snapshot

Associated Press Finance
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WEST ORANGE, N.J. (AP) — WEST ORANGE, N.J. (AP) — Bel Fuse Inc. (BELFB) on Wednesday reported fourth-quarter profit of $12 million.

On a per-share basis, the West Orange, New Jersey-based company said it had net income of 95 cents. Earnings, adjusted for non-recurring costs, came to $1.37 per share.

The maker of electronic products for circuits posted revenue of $140 million in the period.

For the year, the company reported profit of $73.8 million, or $5.83 per share. Revenue was reported as $639.8 million.

Bel Fuse shares have climbed 5% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $70.11, a climb of 82% 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 BELFB at https://www.zacks.com/ap/BELFB

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