Belden’s 4Q Profit Rises

Belden’s profit rose to $166.6 million, or $3.77 a share, in the fourth quarter that ended Dec. 31. That’s up from a $26.5 million profit, or 57 cents a share, a year ago for Belden, a St. Louis-based company that makes devices for transmitting signals.

The profit gains came primarily from divestitures, including Belden’s sale of its Thermax and Raydex businesses and its consumer electronics assets in China.

Read more on St. Louis Post-Dispatch


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