News Details

ST. LOUIS--(BUSINESS WIRE)-- Belden Inc. (NYSE: BDC), a global leader in high quality, end-to-end signal transmission solutions for mission-critical applications, will host its 2015 Investor and Analyst webcast today at 11:30 a.m. EST. John Stroup, president and CEO and Henk Derksen, senior vice president, Finance, and CFO will share their thoughts on Belden’s expected 2015 performance and the state of the business environment entering 2016.

During the presentation, the Company will reiterate its current guidance for the fourth quarter and full year ending December 31, 2015. The Company expects fourth quarter 2015 adjusted revenues to be $595 - $615 million and adjusted income from continuing operations per diluted share to be $1.45 - $1.55. For the full year ending December 31, 2015, the Company expects adjusted revenues to be $2.353 - $2.373 billion and adjusted income from continuing operations per diluted share to be $4.80 - $4.90.

On a GAAP basis, the Company expects fourth quarter 2015 revenues to be $586 - $606 million and income from continuing operations per diluted share to be $1.04 - $1.14. For the full year ending December 31, 2015, the Company expects revenues to be $2.298 - $2.318 billion and income from continuing operations per diluted share to be $1.43 - $1.53.

In addition, the Company will communicate full year 2016 guidance.

Webcast

The live webcast will begin at 11:30 a.m. EST and can be accessed via the following link: http://investor.belden.com/investor-relations/investor-day/default.aspx.

Live Audio Q&A Bridge

Audience members wanting to ask questions via the live audio bridge can dial 888-686-9703 in the United States or 913-312-0422 outside of the U.S. using conference ID #1433636.

Following the event, a replay of today's meeting, including slides, will be accessible via webcast at http://investor.belden.com/.

Use of Non-GAAP Financial Information

Adjusted results are non-GAAP measures that reflect certain adjustments the Company makes to provide insight into operating results. A GAAP to non-GAAP reconciliation is included in this release and has been published to the investor relations section of the Company’s website at http://investor.belden.com.

Forward-Looking Statements

This release contains forward-looking statements including our expectations for the fourth quarter and full-year 2015. Forward-looking statements also include any other statements regarding future financial performance (including revenues, expenses, earnings, margins, cash flows, dividends, capital expenditures and financial condition), plans and objectives, and related assumptions. Forward-looking statements reflect management’s current beliefs and expectations and are not guarantees of future performance. Actual results may differ materially from those suggested by any forward-looking statements for a number of reasons, including: the impact of a challenging global economy or a downturn in served markets; the cost and availability of raw materials including copper, plastic compounds, electronic components, and other materials; the competitiveness of the global broadcast, enterprise, and industrial markets; disruption of, or changes in, the Company’s key distribution channels; volatility in credit and foreign exchange markets; the inability to successfully complete and integrate acquisitions in furtherance of the Company’s strategic plan; the inability to execute and realize the expected benefits from strategic initiatives (including revenue growth, cost control, and productivity improvement programs); political and economic uncertainties in the countries where the Company conducts business, including emerging markets; the inability of the Company to develop and introduce new products and competitive responses to our products; assertions that the Company violates the intellectual property of others and the ownership of intellectual property by competitors and others that prevents the use of that intellectual property by the Company; variability in the Company’s quarterly and annual effective tax rates; the impairment of goodwill and other intangible assets and the resulting impact on financial performance; the impact of regulatory requirements and other legal compliance issues; disruptions in the Company’s information systems including due to cyber-attacks; perceived or actual product failures; risks related to the use of open source software; disruptions and increased costs attendant to collective bargaining groups and other labor matters; and other factors.

For a more complete discussion of risk factors, please see our Annual Report on Form 10-K for the year ended December 31, 2014, filed with the SEC on February 23, 2015. Belden disclaims any duty to update any forward looking statements as a result of new information, future developments, or otherwise, except as required by law.

About Belden

Belden Inc. delivers a comprehensive product portfolio designed to meet the mission-critical network infrastructure needs of industrial, enterprise and broadcast markets. With innovative solutions targeted at reliable and secure transmission of rapidly growing amounts of data, audio and video needed for today’s applications. Belden is at the center of the global transformation to a connected world. Founded in 1902, the company is headquartered in St. Louis and has manufacturing capabilities in North and South America, Europe and Asia. For more information, visit us at www.belden.com or follow us on Twitter @BeldenInc.

Our guidance for revenues and income from continuing operations per diluted share is based upon the extent of information currently available regarding events and conditions that will impact our future operating results for 2015. Our actual results are likely to be impacted by other additional events for which information is not available, such as asset impairments, purchase accounting effects related to acquisitions, severance and other restructuring costs, gains (losses) recognized on the disposal of tangible assets, gains (losses) on debt extinguishment, discontinued operations, and other gains (losses) related to events or conditions that are not yet known.

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Source: Belden Inc.