Bel Fuse Guides Q4 Charge about $4M for Restructure
At an investor presentation today at Needham & Company's 15th Annual Growth Conference in New York, Bel Fuse Inc. (NASDAQ: BELFA) (NASDAQ: BELFB) Chief Financial Officer Colin Dunn said that the Company expects to report revenue of approximately $72 million for the fourth quarter and $287 million for the year ended December 31, 2012. He said that the Company also expects to report charges totaling approximately $4 million in the fourth quarter for its previously announced restructuring, as well as acquisition-related costs and costs for the repair of damage to its facilities from Hurricane Sandy.
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