Belden Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 551.24 million compared to USD 659.07 million a year ago. Net income was USD 38.47 million compared to USD 61.97 million a year ago. Basic earnings per share from continuing operations was USD 0.93 compared to USD 1.43 a year ago. Diluted earnings per share from continuing operations was USD 0.91 compared to USD 1.4 a year ago. Basic earnings per share was USD 0.93 compared to USD 1.45 a year ago. Diluted earnings per share was USD 0.91 compared to USD 1.42 a year ago.
For the full year, sales was USD 2,512.08 million compared to USD 2,606.49 million a year ago. Net income was USD 242.76 million compared to USD 254.66 million a year ago. Basic earnings per share from continuing operations was USD 5.75 compared to USD 6.1 a year ago. Diluted earnings per share from continuing operations was USD 5.66 compared to USD 6.01 a year ago. Basic earnings per share was USD 5.75 compared to USD 5.81 a year ago. Diluted earnings per share was USD 5.66 compared to USD 5.72 a year ago.