Belden Q1 revenue rises 11% to $696 million; agrees to buy RUCKUS for $1.85 billion
Belden reported first quarter 2026 revenue of $696 million, up 11% from a year earlier, and adjusted EPS of $1.77, up 11%. On the same day it announced a definitive agreement to acquire RUCKUS Networks from Vistance Networks for approximately $1.85 billion, and it guided second quarter 2026 revenue to $735 million to $750 million on a standalone basis.
Key points
- Q1 2026 revenue $696 million, up 11% (7% organic); GAAP EPS $1.30 vs. $1.27 a year earlier
- Q1 2026 net income $51 million vs. $52 million a year earlier; adjusted EPS $1.77 vs. $1.60
- Q2 2026 guidance: revenue $735 million to $750 million; GAAP EPS $1.53 to $1.63; adjusted EPS $1.95 to $2.05, excluding RUCKUS
- RUCKUS acquisition price approximately $1.85 billion, seller Vistance Networks (Nasdaq: VISN)
The filing
Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 30, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.