Belden Inc. reported a strong start to fiscal year 2025, with first-quarter revenues increasing 17% year-over-year to $625 million, including 11% organic growth. Both the Automation Solutions and Smart Infrastructure Solutions segments contributed to this organic expansion, growing 16% and 6% respectively. Adjusted diluted EPS rose 29% to $1.60, surpassing consensus estimates.
Net income for the quarter was $52 million, up from $37 million in the prior year period, while adjusted EBITDA increased 23% to $104 million. Adjusted EBITDA margins expanded 80 basis points to 16.6%, reflecting the benefits of the company's strategic pivot. The company also deployed $100 million towards share repurchases year-to-date, reducing its share count by 1.0 million shares.
For the second quarter of 2025, Belden provided guidance anticipating revenues between $645 million and $660 million, representing a 7% to 9% increase over the prior-year quarter. Adjusted EPS is projected to be between $1.67 and $1.77, an 11% to 17% increase year-over-year, reflecting continued confidence in its solutions-driven strategy and long-term growth potential.
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