Belden Posts $966 Million in Q3 Revenue as Orders Hit Record

Belden posted third-quarter revenue of $966 million, topping the consensus estimate by $4.31 million, as orders reached a record $1.017 billion. Revenue rose 38.4% from a year earlier.

Non-GAAP earnings per share were $2.26, in line with expectations. Orders increased 46% year over year and 16% on an organic basis. The book-to-bill ratio was 1.05x.

For the fourth quarter of 2026, Belden forecast revenue of $960 million to $980 million, GAAP EPS of 24 cents to 39 cents, and adjusted EPS of $2.20 to $2.35. The consensus estimates for fourth-quarter revenue and EPS were $963.86 million and $2.28, respectively.