Bel Fuse Expects Sequential Growth with Q3 Sales Guidance of $165M-$180M

Bel Fuse Inc. expects Q3 sales to be between $165M and $180M, driven by strong Q2 bookings. In Q2, the company's performance surpassed revenue expectations and achieved gross margins at the higher end of its projected range, according to President and CEO Farouq Tuweiq.

Bel Fuse Inc. (Nasdaq: BELFA and BELFB) has provided preliminary financial results for the second quarter and first half of 2025, revealing a strong performance that exceeded revenue expectations. The company reported net sales of $168.3 million for the second quarter, up 26.3% from the same period last year [2]. This growth was driven by improved on-time shipments and enhanced intraquarter turns, as noted by President and CEO Farouq Tuweiq.

The company's gross profit margin for the second quarter was 38.7%, aligning with guidance and reflecting operational stability. The defense and commercial aerospace applications, along with a rebound in networking and distribution sales, contributed to the positive results. Tariffs minimally impacted performance, resulting in only $2.2 million of low-margin sales during the quarter.

For the third quarter, Bel Fuse expects net sales to be between $165 million and $180 million, driven by strong Q2 bookings. The company anticipates gross margins of 37% to 39% for the quarter. These expectations are based on the current information available and reflect the company's strategic approach to navigating the evolving market dynamics.

Bel Fuse operates in various industries, including networking, telecommunications, computing, defense, commercial aerospace, transportation, and eMobility. The company's product groups include Power Solutions and Protection, Connectivity Solutions, and Magnetic Solutions. With facilities around the world, Bel Fuse is well-positioned to capitalize on growth opportunities in these sectors.

The company's performance in the second quarter validates its strategic approach, and the positive sentiment among investors in the electrical equipment segment is reflected in the 6.8% average increase in share prices over the last month. Bel Fuse is up 5.3% during the same period, heading into earnings with an average analyst price target of $56.25.

Bel Fuse has scheduled a conference call for July 25, 2025, to discuss these results. Investors can participate in the call or access the webcast via the company's investor relations website.

References:
[1] https://finance.yahoo.com/news/corning-glw-report-earnings-tomorrow-031016517.html
[2] https://www.globenewswire.com/news-release/2025/07/24/3121470/0/en/bel-reports-second-quarter-and-first-half-2025-results.html