WEST ORANGE, N.J. (AP) — WEST ORANGE, N.J. (AP) — Bel Fuse Inc. (BELFB) on Wednesday reported third-quarter profit of $19.4 million.
On a per-share basis, the West Orange, New Jersey-based company said it had profit of $1.54. Earnings, adjusted for non-recurring costs, came to $1.55 per share.
The maker of electronic products for circuits posted revenue of $158.7 million in the period.
Bel Fuse shares have risen 20% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $39.38, a rise of 29% in the last 12 months.
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