Bel Fuse Guides Q4 Charge about $4M for Restructure

by Benzinga Staff
January 16, 2013 2:16 PM | 27 seconds read | Make a Comment

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At an investor presentation today at Needham & Company's 15th Annual GrowthConference in New York, Bel Fuse Inc. (NASDAQ: BELFA) (NASDAQ: BELFB) ChiefFinancial Officer Colin Dunn said that the Company expects to report revenueof approximately $72 million for the fourth quarter and $287 million for theyear ended December 31, 2012. He said that the Company also expects to reportcharges totaling approximately $4 million in the fourth quarter for itspreviously announced restructuring, as well as acquisition-related costs andcosts for the repair of damage to its facilities from Hurricane Sandy.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

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