JERSEY CITY, N.J. (AP) — JERSEY CITY, N.J. (AP) — Bel Fuse Inc. (BELFA) on Wednesday reported third-quarter net income of $26.3 million.
The Jersey City, New Jersey-based company said it had profit of $1.74 per share. Earnings, adjusted for non-recurring costs, were $2.92 per share.
The maker of electronic products for circuits posted revenue of $220.5 million in the period.
Bel Fuse shares have climbed 19% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $180.62, a climb of 30% in the last 12 months.
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