Belden Inc. (NYSE: BDC) reported record financial results for the third quarter of fiscal 2026, ending September 27, 2026. The company announced total revenues of $966 million for the quarter, representing a 38% increase compared to the same period in the prior year. On an organic basis, revenues grew by 11% year-over-year.
Orders for the quarter reached $1.017 billion, a 46% increase year-over-year and 16% organically. This marked the first time the company surpassed $1 billion in quarterly orders. The company reported a book-to-bill ratio of 1.05x for the quarter.
GAAP earnings per share (EPS) for the quarter were ($0.29), compared to $1.41 in the prior year. This decline was attributed to non-cash purchase accounting charges related to the Ruckus acquisition, including $100 million in amortization of acquired intangible assets and inventory fair value step-up. Adjusted EPS was reported at $2.26, an increase of 15% year-over-year.
Adjusted EBITDA for the quarter was $171 million, up 44% from the prior year, with a margin of 17.7%.
In a separate announcement, Belden stated it has reached an agreement to supply $100 million of fiber solutions to a major U.S. data center customer for 2027. Management indicated that this agreement, along with other momentum, leads them to expect the data center business to grow by more than 50% in the upcoming year.
For the fourth quarter of 2026, Belden provided guidance for revenues between $960 million and $980 million, GAAP EPS between $0.24 and $0.39, and Adjusted EPS between $2.20 and $2.35.
