filecrux
Oct 29, 4:47 PM
$BDC Can 11% organic growth and a
$100M data center deal carry Belden's
$3.03B debt load?
🏢 Belden, a networking-gear maker worth about
$4.17B at
$106.66 a share at 16:00 ET on October 28, 2026, posted record Q3 revenue of
$966M, up 38%: 24 points came from acquisitions, 3 from copper pricing and 11% was organic growth
🔥 Net interest expense jumped to
$41.8M from
$11.6M a year ago, and with
$100M of non-cash Ruckus charges it left a Q3 GAAP net loss of
$11M, or (
$0.29) a share
💰 The case for holders is that the loss is mostly non-cash: Q3 free cash flow rose to
$81.9M from
$65.4M, and adjusted EBITDA of
$171M covered interest about four times
📅 Next: Earnings call today at 8:30 am ET, and Q4 2026 guidance calls for
$960M-
$980M of revenue
Source: SEC 8-K + earnings release, Oct 29, 2026
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