WEST ORANGE, N.J. (AP) — WEST ORANGE, N.J. (AP) — Bel Fuse Inc. (BELFB) on Tuesday reported a fourth-quarter loss of $1.8 million, after reporting a profit in the same period a year earlier.
The West Orange, New Jersey-based company said it had a loss of 14 cents per share.
The maker of electronic products for circuits posted revenue of $149.9 million in the period.
For the year, the company reported profit of $41 million, or $3.28 per share. Revenue was reported as $534.8 million.
Bel Fuse shares have dropped slightly since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $82.11, a climb of 11% in the last 12 months.
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