Bel Fuse projects Q4 revenue between $165M and $180M, exceeding consensus estimate of $163.85M.
"Looking ahead to the fourth quarter, which generally reflects seasonality due to the holidays, based on information available today we estimate net sales of $165M-$180M and expect gross margin to remain healthy in the 37%-39% range. Across Bel, there is strong internal collaboration as we focus on growth and new opportunities for the next chapter of our journey," concluded Mr. Tuweiq.
