Investing.com - Bel Fuse A reported on Friday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Bel Fuse A announced earnings per share of $1.33 on revenue of $177.70. Analysts polled by Investing.com anticipated EPS of $0.80 on revenue of $159M.
Bel Fuse A shares are down 39% from the beginning of the year and are trading at $31.83 , down-from-52-week-high.
Bel Fuse A follows other major Information Technology sector earnings this month
Bel Fuse A's report follows an earnings beat by Apple on Thursday, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on Tuesday with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.
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