JERSEY CITY, N.J. (AP) — JERSEY CITY, N.J. (AP) — Bel Fuse Inc. (BELFA) on Thursday reported second-quarter net income of $26.9 million.
On a per-share basis, the Jersey City, New Jersey-based company said it had net income of $2.03. Earnings, adjusted for non-recurring gains, came to $1.58 per share.
The maker of electronic products for circuits posted revenue of $168.3 million in the period.
Bel Fuse shares have increased 1.5% since the beginning of the year. The stock has climbed slightly more than 6% in the last 12 months.
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