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. Conference CallBel has scheduled a conference call at 11:00 a.m. However, beyond the second quarter, we have limited visibility due to the evolving COVID-19 environment.” concluded Mr. Bernstein. Second Quarter. Net SalesNet sales were $104.0 million, down $21.4 million, or 17.1%, from last year’s first quarter. 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. SA Transcripts. All comparative percentages are on a year-over-year basis, unless otherwise noted. 2020 SASE Summit Webinar Series Feb 19 - Sept 16 , 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. 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. Actual results could differ materially from Bel's projections. The majority of the products manufactured by Bel are utilized in military, medical and networking applications, and are therefore deemed essential by the various jurisdictions in which we operate. About BelBel (www.belfuse.com) designs, manufactures and markets a broad array of products that power, protect and connect electronic circuits. Q1 2020 Financial Results. 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. Bel Fuse, Inc. Fourth Quarter Results Conference Call . 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. “We’ve seen positive signs in Bel’s underlying business as we enter the second quarter. Bel Reports Fourth Quarter and Full Year 2019 Results. Open Source World June 22-25, 2021 . Bel Fuse, Inc. Third Quarter Results Conference Call. 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   | 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. 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. 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. This led to a portion of scheduled shipments being deferred to the second quarter, and cost approximately $14-$17 million in first quarter 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. 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. 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. 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. Actual results could differ materially from Bel’s projections. 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. 2019. We use our website as a means of disclosing material, otherwise non-public information and for complying with our disclosure obligations under Regulation FD. 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. 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. Gross profit margin of 24.2%, down from 24.5% in Q1-19, Cash flow provided by operating activities of $8.1 million. 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. 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. Get all the latest updates regarding quarterly, annual and yearly financial Results at BSE India. Earnings per share decreased 240.00% year … Your email address will not be published. Conference CallBel has scheduled a conference call at 11: 00 a.m. 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. Find result date. Further, our acquisition of CUI in late 2019 was accretive to Bel's earnings during the first quarter, generating $8.2 million in sales and contributing $865,000 of operating income. 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. | 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. 10:30. 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 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. Shares of Bel Fuse (NASDAQ:BELFA) remained unaffected at $7.11 after the company reported Q1 results. Bel Reports First Quarter 2020 Results. ITEXPO June 22-25, 2021. During January, Belships hedged its spot exposure by selling FFA contracts maturing from Q2 2020 to Q1 2021. 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. 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. Unaudited Financial Results for the Qtr ended on 30th June 2020 Size: 4.70 MB. 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%. 5G EXPO June 22-25, 2021. Nov. 13, 2020 3:15 PM ET Fiera Capital Corporation (FRRPF) 1 Like. We may use Non-GAAP financial measures to determine performance-based compensation and management believes that this information may be useful to investors. 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 Company operates facilities around the world. 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. 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 Website InformationWe routinely post important information for investors on our website, www.belfuse.com, in the "Investor Relations" section. May 01, 2020 07: 30 ET 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. (3) Individual amounts of earnings per share may not agree to the total due to rounding. We use our website as a means of disclosing material, otherwise non-public information and for complying with our disclosure obligations under Regulation FD. Unaudited Financial Results for the Qtr & Nine months ended on 31st December 2019 Size: 2.14 MB. Q3 2019 Press Release 93.9 KB. We may use Non-GAAP financial measures to determine performance-based compensation and management believes that this information may be useful to investors. 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. Announces Regular Quarterly Cash Dividend on its Class A and Class B Shares For those unable to access the live call, a telephone replay will be available at 844-512-2921, or 412-317-6671 if dialing internationally, using access code 1896455 after 2: 00 p.m. https://ir.belfuse.com/events-and-presentations, 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, (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, ERP system implementation consulting costs. 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. In the first half of 2020, Bel generated consolidated sales of €1,737 million, up 4.8% on a published basis, versus €1,658 million in the prior-year period. ET, also for 20 days. 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. Selling, General and Administrative Expenses (SG&A)SG&A expenses were $22.1 million, up $2.8 million from the first quarter of 2019. Fiera Capital Corporation (FRRPF) CEO Jean-Guy Desjardins on Q3 2020 Results - Earnings Call Transcript. ... 2020, BEL and SOCAR signed a three-year extension to the Protocol from April 19, 2020, … 2 Update on strategic orientation Jean-Pierre CLAMADIEU Chairman of the Board July 31st 2020. 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 Friday, May 15, 2020. 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. 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. The presentation will additionally be broadcast live over the Internet and will be available at https://ir.belfuse.com/events-and-presentations. 2020; 2019; 2018; 2017; 2016; 2015; 2011; Unaudited Financial Results for the Qtr & Half Year Ended on 30th September 2020 Size: 5.86 MB. Randstad N.V. 21 July 2020 | disclaimer. 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. Find the inventory of Forthcoming results calendar of various Companies. 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. 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 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. Inc. Third quarter Results conference Call 2020 Highlights during January, Belships hedged its spot exposure by selling contracts. 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