Belden Inc. Reports First Quarter 2026 Results and Announces Acquisition of RUCKUS Networks

Belden Inc. reported its first quarter 2026 results, with revenues of $696 million, an 11% year-over-year increase (7% organically). GAAP EPS was $1.30, up 2% year-over-year, while Adjusted EPS was $1.77, up 11%. The company repurchased 0.3 million shares for $30 million. In a separate announcement, Belden entered into a definitive agreement to acquire RUCKUS Networks for approximately $1.85 billion. The company provided guidance for the second quarter of 2026, expecting revenues between $735 million and $750 million, with GAAP EPS projected at $1.53-$1.63 and Adjusted EPS at $1.95-$2.05, excluding any contribution from the RUCKUS acquisition. Belden highlighted strong performance driven by customer investments in digitization, automation, and IT/OT convergence, positioning the combined entity to offer comprehensive IT/OT networking solutions.