Bel Reports First Quarter 2026 Results
Bel Fuse Inc. announced preliminary Q1 2026 financial results showing 17.2% net sales increase to $178.5 million with a gross margin improvement to 39.0%. While GAAP net earnings decreased compared to prior year, non-GAAP net earnings grew significantly. The company completed the acquisition of dataMate and realigned business units to enhance go-to…