WEST ORANGE, N.J. (AP) — WEST ORANGE, N.J. (AP) — Bel Fuse Inc. (BELFB) on Thursday reported first-quarter earnings of $15.9 million.
The West Orange, New Jersey-based company said it had net income of $1.26 per share.
The maker of electronic products for circuits posted revenue of $128.1 million in the period.
Bel Fuse shares have dropped 9% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $60.78, a rise of 94% in the last 12 months.
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