Belden Non-GAAP EPS of $1.77, revenue $670.49 million up $36.2 million, updated fiscal year outlook

Fiscal year outlook: For the year ended December 31, 2022, the Company now projects revenue of $2,583 – $2,598 billion versus the consensus of $2.54 billion, versus the previous guidance of 2,520 – 2.550 billion dollars. Full-year revenue guidance now reflects expected organic growth of 15% – 16%, compared with previous guidance of 12% to 13%. For the year ending December 31, 2022, the Company now projects a GAAP EPS of $5.89 – $5.99, compared with the previous guidance of $4.67 – $4.87. For the year ended December 31, 2022, the Company now expects an adjusted EPS of $6.27 – $6.37 versus a consensus of $6.03, versus previous guidance. that’s $5.90 – $6.10. Full year EPS adjusted guidance now shows growth of 32% to 34%