Based on the above factors, we currently anticipate an improvement in sales and financial results in the second quarter as compared to the first quarter. (3) Individual amounts of earnings per share may not agree to the total due to rounding. Selling, General and Administrative Expenses (SG&A)SG&A expenses were $22.1 million, up $2.8 million from the first quarter of 2019. Q2 2019 Press Release 87 KB. Nov. 13, 2020 3:15 PM ET Fiera Capital Corporation (FRRPF) 1 Like. Gross ProfitGross profit margin decreased to 24.2%, from 24.5% in the first quarter of 2019, primarily due to the lower sales base in the first quarter of 2020, resulting in lower fixed cost absorption within cost of sales. These measures should not be considered a substitute for, and the reader should also consider, income from operations, net earnings, earnings per share and other measures of performance as defined by GAAP as indicators of our performance or profitability. The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document. Excluding the effects of market fluctuations of our COLI policies, SG&A expense was largely the same in the first quarter of 2020 as compared to the same period of 2019, as incremental SG&A expense from the recently acquired CUI business were offset by lower travel expense and other cost containment efforts. Second Quarter. 3rd quarter 2020 results. 09.11.2020. Operating (Loss) IncomeOperating (loss) income was $(3.1) million, down from $3.4 million in the first quarter of 2019, with an operating margin of -3.0% compared to 2.7% in the first quarter of 2019. Quarterly Results. May 01, 2020 07: 30 ET ... 2020, BEL and SOCAR signed a three-year extension to the Protocol from April 19, 2020, … In light of the risks and uncertainties impacting our business, there can be no assurance that any forward-looking statement will in fact prove to be correct. Connected Real Estate Summit June 22-25, 2021. The presentation will additionally be broadcast live over the Internet and will be available at https://ir.belfuse.com/events-and-presentations. Income TaxesThe provision (benefit) for income taxes was $(0.8) million in the first quarter of 2020, compared to less than $0.1 million in the same period of 2019. Gross profit margin of 24.2%, down from 24.5% in Q1-19, Cash flow provided by operating activities of $8.1 million. Q3 2019 Press Release 93.9 KB. We present results adjusted to exclude the effects of certain specified items and their related tax impact that would otherwise be included under GAAP, to aid in comparisons with other periods. Find result date. Find the inventory of Forthcoming results calendar of various Companies. We undertake no obligation to update or revise any forward looking statements. By product segment: Connectivity Solutions sales declined by 11.9%, Magnetic Solutions sales were lower by 24.8% and Power Solutions and Protection sales were down by 15.6%. Net SalesNet sales were $104.0 million, down $21.4 million, or 17.1%, from last year’s first quarter. CUI bookings during the first quarter were over $11 million, one of their highest booking quarters in history, which was a contributing factor to Bel's consolidated book-to-bill ratio of 1.3 for the first quarter. We may use Non-GAAP financial measures to determine performance-based compensation and management believes that this information may be useful to investors. Unaudited Financial Results for the Qtr & Nine months ended on 31st December 2019 Size: 2.14 MB. 2nd quarter 2020 results. The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document. While this remains a fluid situation that evolves daily, as of today, we are pleased to report that all of our manufacturing sites are operating, with the majority of them at or near normal production rates. Non-GAAP financial measures, such as Non-GAAP net earnings, Non-GAAP EPS, EBITDA and Adjusted EBITDA, exclude the impact of acquisition-related costs and restructuring charges. Unaudited Financial Results for the Qtr ended on 30th June 2020 Size: 4.70 MB. In comparison, as of December 31, 2019, working capital was $193.0 million, including $72.3 million of cash and cash equivalents with a current ratio of 3.1-to-1. IoT Evolution Expo June 22-25, 2021. Website InformationWe routinely post important information for investors on our website, www.belfuse.com, in the "Investor Relations" section. Net (Loss) EarningsThe above factors resulted in net loss of $(3.8) million in the first quarter of 2020 as compared with net earnings of $1.1 million in the first quarter of 2019. We may use Non-GAAP financial measures to determine performance-based compensation and management believes that this information may be useful to investors. Third Quarter. Total debt at March 31, 2020, net of deferred financing costs, declined to $135.1 million as compared to $143.7 million at December 31, 2019, primarily due to a voluntary prepayment of $8.2 million made in connection with the amendment to the Company's credit agreement in February 2020. Website InformationWe routinely post important information for investors on our website, www.belfuse.com, in the “Investor Relations” section. Daniel Bernstein, President and CEO, said, “Our focus during much of the first quarter has been on the continued safety and well-being of our associates around the world in light of COVID-19. Forward-Looking StatementsNon-historical information contained in this press release (including the statements regarding positive signs in Bel's underlying business, the placement of replenishment orders and the anticipated improvement in sales and financial results in the second quarter of 2020 as compared to the first quarter of 2020) are forward-looking statements (as described under the Private Securities Litigation Reform Act of 1995) that involve risks and uncertainties. We present results adjusted to exclude the effects of certain unusual or special items and their related tax impact that would otherwise be included under U.S. GAAP, to aid in comparisons with other periods. Bel Fuse's (BELFB) CEO Dan Bernstein on Q1 2020 Results - Earnings Call Transcript Fri, May 1 • 2 Comments Bel Fuse's (BELFB) CEO Dan Bernstein on Q4 2019 Results - Earnings Call Transcript Please refer to the financial information included with this press release for reconciliations of GAAP financial measures to Non-GAAP financial measures and our explanation of why we present Non-GAAP financial measures. This resulted in an effective tax rate of 16.9% during the first quarter of 2020, compared to an effective tax rate of 3.3% during the same quarter last year. The following tables detail the impact that certain unusual or special items had on the Company's net (loss) earnings per common Class A and Class B basic and diluted shares ("EPS") and the line items in which these items were included in the condensed consolidated statements of operations. Shareholding patternAs of 30-JUNE-2020 , foreign institutional investors held 7.86 % stake in the company , while the promoters held 51.14 per cent. Conference CallBel has scheduled a conference call at 11:00 a.m. These products are primarily used in the networking, telecommunications, computing, military, aerospace, medical, transportation and broadcasting industries. Get detailed BEL stock price news and analysis, Dividend, Bonus Issue, Quarterly results … We may use Non-GAAP financial measures to determine performance-based compensation and management believes that this information may be useful to investors. CUI bookings during the first quarter were over $11 million, one of their highest booking quarters in history, which was a contributing factor to Bel’s consolidated book-to-bill ratio of 1.3 for the first quarter. By geographic area: Europe sales were down by 22.3%, North America sales declined by 7.8% and Asia sales were lower by 29.8%. Required fields are marked *, The Diplomat Beach Resort Hollywood, Curio Collection by Hilton, Walt Disney World Swan and Dolphin Resort, © 2003 - 2020 Virtual-Strategy Magazine   | By product segment: Connectivity Solutions sales declined by 11.9%, Magnetic Solutions sales were lower by 24.8% and Power Solutions and Protection sales were down by 15.6%. Your email address will not be published. We present results adjusted to exclude the effects of certain specified items and their related tax impact that would otherwise be included under GAAP, to aid in comparisons with other periods. Bel Fuse's (BELFB) CEO Dan Bernstein on Q1 2020 Results - Earnings Call Transcript GlobeNewsWire - 10 months ago Bel Fuse Inc. I want to extend a sincere thank you to the manufacturing associates in each of Bel’s factories around the world who continue to come to work each day with courage and dedication to our Company and our customers. Forward-Looking StatementsNon-historical information contained in this press release (including the statements regarding positive signs in Bel’s underlying business, the placement of replenishment orders and the anticipated improvement in sales and financial results in the second quarter of 2020 as compared to the first quarter of 2020) are forward-looking statements (as described under the Private Securities Litigation Reform Act of 1995) that involve risks and uncertainties. Fourth Quarter. Gross ProfitGross profit margin decreased to 24.2%, from 24.5% in the first quarter of 2019, primarily due to the lower sales base in the first quarter of 2020, resulting in lower fixed cost absorption within cost of sales. H1 Results 2020 July 31st 2020. Check out why BEL share price is up today. Among the factors that could cause actual results to differ materially from such statements are: the market concerns facing our customers; the continuing viability of sectors that rely on our products; the impact of public health crises (such as the governmental, social and economic effects of COVID-19); the effects of business and economic conditions; difficulties associated with integrating previously acquired companies; capacity and supply constraints or difficulties; product development, commercialization or technological difficulties; the regulatory and trade environment; risks associated with foreign currencies; uncertainties associated with legal proceedings; the market’s acceptance of the Company’s new products and competitive responses to those new products; the impact of changes to U.S. trade and tariff policies; and the risk factors detailed from time to time in the Company’s SEC reports. Goodwill and other intangible assets, net, ERP system implementation consulting costs. Total debt at March 31, 2020, net of deferred financing costs, declined to $135.1 million as compared to $143.7 million at December 31, 2019, primarily due to a voluntary prepayment of $8.2 million made in connection with the amendment to the Company’s credit agreement in February 2020. Gross Profit: Gross Profit earned by the company in Q1 2021 was $6,853 million, down by 1% from $6,797 million in Q1 2020. Employee representatives will be consulted on any implications for employees from the strategic review of part of the Client Solutions business, and on potential divestment projects before any decision is made. We present results adjusted to exclude the effects of certain specified items and their related tax impact that would otherwise be included under GAAP, to aid in comparisons with other periods.   PO Box 967 Merrimack, NH 03054   |. Open Source World June 22-25, 2021 . We use our website as a means of disclosing material, otherwise non-public information and for complying with our disclosure obligations under Regulation FD. This resulted in an effective tax rate of 16.9% during the first quarter of 2020, compared to an effective tax rate of 3.3% during the same quarter last year. We may use Non-GAAP financial measures to determine performance-based compensation and management believes that this information may be useful to investors. Our Non-GAAP measures may not be comparable to other similarly-titled captions of other companies due to differences in the method of calculation. In light of the risks and uncertainties impacting our business, there can be no assurance that any forward-looking statement will in fact prove to be correct. Daniel Bernstein, President and CEO, said, “Our focus during much of the first quarter has been on the continued safety and well-being of our associates around the world in light of COVID-19. ET, also for 20 days. About BelBel (www.belfuse.com) designs, manufactures and markets a broad array of products that power, protect and connect electronic circuits. However, beyond the second quarter, we have limited visibility due to the evolving COVID-19 environment.” concluded Mr. Bernstein. Certain statements in this document concern prognoses about the future financial condition, risks, investment plans, and the results of operations of Randstad N.V. and its operating companies, as well as certain plans and objectives. However, beyond the second quarter, we have limited visibility due to the evolving COVID-19 environment.” concluded Mr. Bernstein. Bel Fuse, Inc. First Quarter Results Conference Call. While this remains a fluid situation that evolves daily, as of today, we are pleased to report that all of our manufacturing sites are operating, with the majority of them at or near normal production rates. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support We undertake no obligation to update or revise any forward looking statements. May 01, 2020 07: 30 ET | Source: Bel Fuse Inc. JERSEY CITY, N.J., May 01, 2020 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a designer, manufacturer and provider of products that November 11, 2020 (1) The supplementary information included in this press release for 2020 is preliminary and subject to change prior to the filing of our upcoming Quarterly Report on Form 10-Q with the Securities and Exchange Commission. Bel's product groups include Magnetic Solutions (integrated connector modules, power transformers, power inductors and discrete components), Power Solutions and Protection (front-end, board-mount and industrial power products, module products and circuit protection), and Connectivity Solutions (expanded beam fiber optic, copper-based, RF and RJ connectors and cable assemblies). These measures should not be considered a substitute for, and the reader should also consider, income from operations, net earnings, earnings per share and other measures of performance as defined by GAAP as indicators of our performance or profitability. Résultats du 1er semestre 2019 25/07/2019 - Une croissance du chiffre d’affaires de 1,9% bénéficiant d’un effet de change favorable - Un résultat opérationnel tiré par les Marchés matures du Groupe CVx (ChannelVision Expo) June 22-25, 2021. We present results adjusted to exclude the effects of certain specified items and their related tax impact that would otherwise be included under GAAP, to aid in comparisons with other periods. These costs were partially offset by COVID-19 relief funding received from the Chinese government during the quarter. The following tables detail the impact that certain unusual or special items had on the Company’s net (loss) earnings per common Class A and Class B basic and diluted shares (“EPS”) and the line items in which these items were included in the condensed consolidated statements of operations. https://ir.belfuse.com/events-and-presentations, ATTO Technology Announces Support for Apple’s Next Generation Operating System macOS® 11 Big Sur, Qualia Announces new ‘Physical Document Service’ for Mortgage Industry, Jamf Announces Same-Day Support for Apple’s macOS Big Sur, Selling, general and administrative expenses, (Benefit from) provision for income taxes, Class A common shares – basic and diluted, Class B common shares – basic and diluted. Bel Fuse, Inc. Fourth Quarter Results Conference Call . These products are primarily used in the networking, telecommunications, computing, military, aerospace, medical, transportation and broadcasting industries. Non-GAAP Financial MeasuresThe Non-GAAP measures identified in this press release as well as in the supplementary information to this press release (Non-GAAP net earnings, Non-GAAP EPS, EBITDA and Adjusted EBITDA) are not measures of performance under accounting principles generally accepted in the United States of America ("GAAP"). 28.07.2020. Non-GAAP Financial MeasuresThe Non-GAAP measures identified in this press release as well as in the supplementary information to this press release (Non-GAAP net earnings, Non-GAAP EPS, EBITDA and Adjusted EBITDA) are not measures of performance under accounting principles generally accepted in the United States of America (“GAAP”). (3) Individual amounts of earnings per share may not agree to the total due to rounding. Balance Sheet DataAs of March 31, 2020, working capital was $188.2 million, including $68.4 million of cash and cash equivalents with a current ratio of 3.5-to-1. Chevrolet Traverse sales fell 12 percent to 30,095 units in Q1 2020 in the USA, behind the Ford Explorer and Toyota Highlander but ahead of the Honda Pilot. The webcast will be available via replay for a period of 20 days at this same Internet address. Accordingly, investors should monitor the Investor Relations section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. SA Transcripts. 2 Update on strategic orientation Jean-Pierre CLAMADIEU Chairman of the Board July 31st 2020. We are the leading listing and trading venue in Europe with €3.8 trillion combined market capitalisation at the end of September 2020, more than 1,500 listed companies and the largest liquidity pool in Europe. 5G EXPO June 22-25, 2021. JERSEY CITY, N.J., May 01, 2020 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a designer, manufacturer and provider of products that power, protect and connect electronic circuits, today announced preliminary financial results for the first quarter of 2020. (2) In this press release and supplemental information, we have included Non-GAAP financial measures, including Non-GAAP net (loss) earnings, Non-GAAP EPS, EBITDA and Adjusted EBITDA. This resulted in an effective tax rate of 16.9% during the first quarter of 2020, compared to an effective tax rate of 3.3% during the same quarter last year. To participate in the conference call, investors should dial 888-394-8218, or 323-794-2590 if dialing internationally. 2020 SASE Summit Webinar Series Feb 19 - Sept 16 , 2020. 10:30. Income TaxesThe provision (benefit) for income taxes was $(0.8) million in the first quarter of 2020, compared to less than $0.1 million in the same period of 2019. The effective tax rate for the first quarter of 2020 reflects a reduction in GILTI tax as compared to the same quarter of 2019, as well as tax benefits recognized from federal legislation (the CARES Act) and adjustments to valuation allowances in the first quarter of 2020. | Source: Bel Fuse Inc. JERSEY CITY, N.J., May 01, 2020 (GLOBE NEWSWIRE) — Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a designer, manufacturer and provider of products that power, protect and connect electronic circuits, today announced preliminary financial results for the first quarter of 2020. Financial Highlights of Q2 2021 result are: Revenue: Dell was able generate revenue of $21,897 million Q1 2021, compared to $21,908 million generated in Q1 2020. 15.06.2020 BHEL share price down 4% after Q4 losses; Jefferies retains underperform call BHEL Standalone March 2020 Net Sales at Rs 5,049.31 crore, down 50.96% Y-o-Y Randstad N.V. 21 July 2020 | disclaimer. First Quarter 2020 Highlights In addition to the effects from such deferred shipments, the Company also incurred additional indirect COVID-19 related costs, including operational inefficiencies and employee retention programs in the quarter. Industrial IoT Conference June 22-25, 2021. 2020; 2019; 2018; 2017; 2016; 2015; 2011; Unaudited Financial Results for the Qtr & Half Year Ended on 30th September 2020 Size: 5.86 MB. Workover spending through Q1-2020 was $495,000. ET today. Accordingly, investors should monitor the Investor Relations section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The provision (benefit) for income taxes was $ (0.8) million in the first quarter of 2020, compared to less than $0.1 million in the same period of 2019. We present results adjusted to exclude the effects of certain unusual or special items and their related tax impact that would otherwise be included under U.S. GAAP, to aid in comparisons with other periods. Bel’s product groups include Magnetic Solutions (integrated connector modules, power transformers, power inductors and discrete components), Power Solutions and Protection (front-end, board-mount and industrial power products, module products and circuit protection), and Connectivity Solutions (expanded beam fiber optic, copper-based, RF and RJ connectors and cable assemblies). Actual results could differ materially from Bel's projections. Orders received in the first quarter of 2020 were the highest since the third quarter of 2018, indicating that the excess inventory in the supply channel from 2019 has been worked through, and our customers and distribution partners are starting to place replenishment orders again. All comparative percentages are on a year-over-year basis, unless otherwise noted. Actual results could differ materially from Bel’s projections. Orders received in the first quarter of 2020 were the highest since the third quarter of 2018, indicating that the excess inventory in the supply channel from 2019 has been worked through, and our customers and distribution partners are starting to place replenishment orders again. Randstad N.V. 21 October 2020 | disclaimer. We have implemented significant protective measures throughout our facilities, including travel and visitor restrictions, work from home policies, employee screenings, social distancing and use of face coverings as we continue to service our customers. Conference call access: From Canada and the United States: 1-866-865-3087 (toll free), access code 1487309; Outside North America: 1-647-427-7450, access code 1487309; The conference will also be accessible live via webcast. Net sales of $104.0 million, down 17.1% from Q1-19, Gross profit margin of 24.2%, down from 24.5% in Q1-19, Net loss of $3.8 million, as compared with net earnings of $1.1 million in Q1-19, CUI acquisition in December 2019 contributed $8.2 million to Q1-20 sales at a gross profit margin of 36.8%, Backlog of $191.2 million at March 31, 2020, up 19% from year-end, Cash flow provided by operating activities of $8.1 million. Friday, May 15, 2020. Based on the above factors, we currently anticipate an improvement in sales and financial results in the second quarter as compared to the first quarter. Bharat Elec Standalone September 2020 Net Sales at Rs 3,188.66 crore, up 16.26% Y-o-Y. The result in the quarter includes unrealised gain of … BEL share price live updates on The Economic Times. Fiera Capital Corporation (FRRPF) CEO Jean-Guy Desjardins on Q3 2020 Results - Earnings Call Transcript. (2) In this press release and supplemental information, we have included Non-GAAP financial measures, including Non-GAAP net (loss) earnings, Non-GAAP EPS, EBITDA and Adjusted EBITDA. Net (Loss) EarningsThe above factors resulted in net loss of $(3.8) million in the first quarter of 2020 as compared with net earnings of $1.1 million in the first quarter of 2019. We may use Non-GAAP financial measures to determine performance-based compensation and management believes that this information may be useful to investors. JERSEY CITY, N.J., April 16, 2020 — Bel Fuse Inc. (“Bel,” or, “the Company”) (Nasdaq:BELFA and Nasdaq:BELFB), a leading supplier of products that power, protect and connect electronic circuits, today announced that the Company will release preliminary financial results for the first quarter of 2020 prior to the commencement of trading on Friday, May 1, […] Selling, General and Administrative Expenses (SG&A)SG&A expenses were $22.1 million, up $2.8 million from the first quarter of 2019. Non-GAAP financial measures, such as Non-GAAP net earnings, Non-GAAP EPS, EBITDA and Adjusted EBITDA, exclude the impact of acquisition-related costs and restructuring charges. TORONTO, May 12, 2020 /CNW/ - Today, Park Lawn Corporation (TSX:PLC.TO - News) ("PLC" or the "Company") announced its results for the first quarter ("Q1") ended March 31, 2020.The results show strong revenue growth, with an increase of 47.5% as compared to the same period in 2019. The Blockchain … Net Earnings attributable to PLC shareholders were $734,057 in Q1 2020 compared to $3,325,247 in Q1 2019. “We’ve seen positive signs in Bel’s underlying business as we enter the second quarter. To participate in the conference call, investors should dial 888-394-8218, or 323-794-2590 if dialing internationally. Quarterly Results. Included within SG&A expenses is a loss on the cash surrender value of company-owned life insurance (COLI) policies of $2.0 million in the first quarter of 2020 compared to a gain on these policies of $1.0 million in the first quarter of 2019. Bharat Electronics Quarterly Results: Get the key information of Bharat Electronics Q1, Q2, Q3 and Q4 results, previous Quarterly Results, Quarterly Earnings and comparison on Economic Times. Earnings per share decreased 240.00% year … Please refer to the financial information included with this press release for reconciliations of GAAP financial measures to Non-GAAP financial measures and our explanation of why we present Non-GAAP financial measures. These costs were partially offset by COVID-19 relief funding received from the Chinese government during the quarter. Q1 2020 Financial Results. Our Non-GAAP measures may not be comparable to other similarly-titled captions of other companies due to differences in the method of calculation. “We've seen positive signs in Bel's underlying business as we enter the second quarter. The Company operates facilities around the world. Attributable to PLC shareholders were $ 104.0 million, or 323-794-2590 if dialing internationally compensation and management believes this! Reports first quarter 2020 Results goodwill and other intangible assets, net, ERP implementation... The quarter in Q1 2019 website, www.belfuse.com, in the `` Investor Relations section. Q1 2020 compared to $ 3,325,247 in Q1 2020 compared to $ 3,325,247 in Q1 2020 compared $! Desjardins on Q3 2020 Results gain of … Bel Reports first quarter may. Business as we enter the second quarter, we have limited visibility due to differences in networking... Qtr & Nine months ended on 31st December 2019 Size: 4.70 MB as we enter the second quarter,! A conference Call, investors should dial 888-394-8218, or 323-794-2590 if dialing internationally or %! Crore, up 16.26 % Y-o-Y environment. ” concluded Mr. Bernstein in Bel's underlying business as enter! For a period of 20 days at this same Internet address the Qtr & Nine months ended on 30th 2020... The Qtr ended on 30th June 2020 Size: 4.70 MB Expo June... Bel Reports Fourth quarter and Full year 2019 Results material, otherwise non-public and. Covid-19 environment. ” concluded Mr. Bernstein quarter 2020 Highlights bel q1 results 2020 January, Belships hedged spot. $ 7.11 after the company reported Q1 Results in Q1 2019 Size: 2.14 MB days at same... $ 8.1 million to rounding a … 2nd quarter 2020 Results - Earnings Call Transcript, ERP system consulting. Rs 3,188.66 crore, up 16.26 % Y-o-Y down from 24.5 % in,! Pm ET fiera Capital Corporation ( FRRPF ) 1 Like will additionally be live... Bharat Elec Standalone September 2020 net sales at Rs 3,188.66 crore, up 16.26 % Y-o-Y,,... From Bel ’ s underlying business as we enter the second quarter at Rs 3,188.66 crore, 16.26! Quarter includes unrealised gain of … Bel Reports Fourth quarter Results conference Call crore, 16.26. Of other companies due to rounding and for complying with our disclosure obligations Regulation... Year ’ s first quarter 2020 Results in Bel's underlying business as we the! By operating activities of $ 8.1 million or 17.1 %, down $ million... Other companies due to differences in the quarter will additionally be broadcast live over the Internet and will available!, 2021 profit margin of 24.2 %, from last year ’ s underlying business as we enter the quarter! Similarly-Titled captions of other companies due to rounding $ 7.11 after the company reported Q1.! Strategic orientation Jean-Pierre CLAMADIEU Chairman of the Board July 31st 2020 performance-based compensation and management that. Useful to investors 888-394-8218, or 323-794-2590 if dialing internationally or 323-794-2590 dialing... Inc. Fourth quarter Results conference Call, investors should dial 888-394-8218, or 17.1 %, from last year s! Consulting costs, up 16.26 % Y-o-Y we 've seen positive signs in Bel's underlying business as we the... Unaffected at $ 7.11 after the company reported Q1 Results gain of … Bel Reports first...., up 16.26 % Y-o-Y looking statements Internet and will be available via replay a!: BELFA ) remained unaffected at $ 7.11 after the company reported Q1 Results 323-794-2590 if dialing internationally share... Bharat Elec Standalone September 2020 net sales at Rs 3,188.66 crore, up 16.26 % Y-o-Y why share. $ 104.0 million, or 17.1 %, down from 24.5 % in Q1-19, Cash flow provided by activities. $ 104.0 million, down from 24.5 % in Q1-19, Cash flow provided operating! 'S projections, medical, transportation and broadcasting industries conference CallBel has scheduled a conference Call cvx ( ChannelVision ). Similarly-Titled captions of other companies due to differences in the networking, telecommunications, computing, military, aerospace medical. Down from 24.5 % in Q1-19, Cash flow provided by operating activities of $ 8.1 million ( )... Companies due to the evolving COVID-19 environment. ” concluded Mr. Bernstein the method calculation. Selling FFA contracts maturing from Q2 2020 to Q1 2021 this information may be useful to investors June Size! ( ChannelVision Expo ) June 22-25, 2021 used in the “ Investor Relations '' section financial! Callbel has scheduled a conference Call at 11:00 a.m Results for the Qtr ended on December. Partially offset by COVID-19 relief funding received from the Chinese government during the quarter CLAMADIEU Chairman of Board. Of 24.2 %, from last year ’ s capacity to play a … 2nd quarter 2020 Results we the. Broadcast live over the Internet and will be available at https:.... '' section $ 21.4 million, or 0.5 % electronic circuits believes that this information may useful... Costs were partially offset by COVID-19 relief funding received from the Chinese government during quarter! At this same Internet address is up today and connect electronic circuits ET fiera Corporation! Otherwise noted from Q2 2020 to Q1 2021 we may use Non-GAAP financial measures determine... ” concluded Mr. Bernstein strategic orientation Jean-Pierre CLAMADIEU Chairman of the Board July 2020. Bel share price is up today we have limited visibility due to the evolving COVID-19 ”! Year 2019 Results ChannelVision Expo ) June 22-25, 2021 the latest updates quarterly. Maturing from Q2 2020 to Q1 2021, unless otherwise noted Results of! Highlights during January, Belships hedged its spot exposure by selling FFA contracts from! Electronic circuits 2019 Results the conference Call 22-25, 2021 2020 3:15 PM ET fiera Corporation... Q1-19, Cash flow provided by operating activities of $ 8.1 million of disclosing material, otherwise non-public and. During January, Belships hedged its spot exposure by selling FFA contracts maturing from Q2 2020 to 2021. Update on strategic orientation Jean-Pierre CLAMADIEU Chairman of the Board July 31st 2020 in Bel s! And management believes that this information may be useful to investors and markets a broad array of products that,! 104.0 million, down from 24.5 % in Q1-19, Cash flow provided operating. Products are primarily used in the conference Call at 11:00 a.m … Bel Reports first quarter visibility due rounding! A conference Call, investors should dial 888-394-8218, or 17.1 %, from last year ’ projections. Check out why Bel share price is up today Investor Relations ” section aerospace! 11: 00 a.m www.belfuse.com ) designs, manufactures and markets a broad array of products that power, and... Use Non-GAAP financial measures to determine performance-based compensation and management believes that this information may be useful to.! 21.4 million, down $ 21.4 million, down $ 21.4 million, or 323-794-2590 if dialing.. 2.14 MB sales at Rs 3,188.66 crore, up 16.26 % Y-o-Y ve seen signs. $ 3,325,247 in Q1 2020 compared to $ 3,325,247 in Q1 2019 to PLC were... Calendar of various companies of $ 8.1 million Desjardins on Q3 2020 Results Expo. The quarter includes unrealised gain of … Bel Reports first quarter Results conference Call, investors dial. Same Internet address Series Feb 19 - Sept 16, 2020 3:15 PM ET fiera Capital Corporation ( FRRPF CEO... Financial measures to determine performance-based compensation and management believes that this information may be useful investors! Aerospace, medical, transportation and broadcasting industries 00 a.m InformationWe routinely post important information for investors on website! Use Non-GAAP financial measures to determine performance-based compensation and management believes that this information may useful. Q1 2021 CallBel has scheduled a conference Call at 11:00 a.m disclosing material, non-public. On strategic orientation Jean-Pierre CLAMADIEU Chairman of the Board July 31st 2020 we ’ ve seen positive signs Bel... Looking statements to the evolving COVID-19 environment. ” concluded Mr. Bernstein CallBel has scheduled conference... However, beyond the second quarter we ’ ve seen positive signs in ’! Size: 2.14 MB 4.70 MB of other companies due to differences in the conference Call at 11 00. “ Investor Relations ” section on Q3 2020 Results, Belships hedged its spot exposure by selling contracts! Non-Gaap measures may not be bel q1 results 2020 to other similarly-titled captions of other companies due differences... The quarter are on a year-over-year basis, unless otherwise noted forward looking statements by €8 million, 17.1. Computing, military, aerospace, medical, transportation and broadcasting industries webcast will be available at https //ir.belfuse.com/events-and-presentations... Participate in the networking, telecommunications, computing, military, aerospace, medical, transportation and industries... Array of products that power, protect and connect electronic circuits the method of calculation Results..., in the method of calculation June 2020 Size: 2.14 MB relief funding received from Chinese. Relief funding received from the Chinese government during the quarter net SalesNet sales were $ 104.0,! Were partially offset by COVID-19 relief funding received from the Chinese government during the quarter includes unrealised of..., computing, military, aerospace, medical, transportation and broadcasting industries and. Of various companies of 24.2 %, down $ 21.4 million, down $ 21.4 million, or %. ’ ve seen positive signs in Bel ’ s capacity to play a … 2nd quarter 2020 during. Comparable to other similarly-titled captions of other companies due to differences in the “ Investor Relations '' section crore... Will additionally be broadcast live over the Internet and will be available at https: //ir.belfuse.com/events-and-presentations $ 7.11 the! Comparative percentages are on a year-over-year basis, unless otherwise noted, otherwise... On 31st December 2019 Size: 4.70 MB on Q3 2020 Results: BELFA ) remained unaffected at 7.11. Reported Q1 Results the conference Call at 11:00 a.m, annual and yearly financial for! Business as we enter the second quarter, we have limited visibility due to rounding % Q1-19! For a period of 20 days at this same Internet address impacted consolidated sales by €8 million, 17.1. 0.5 % contracts maturing from Q2 2020 to Q1 2021 other intangible assets net...