Bel Fuse (NASDAQ:BELFA) Stock, Quote.Headers.trade-ideas

Bel Fuse

Bel Fuse Inc designs and manufactures electronic components that protect and connect electronic circuits. Its product portfolio is divided into three categories: magnetic solutions, power solutions & protection, and connectivity solutions. These products are used for the computer, networking, telecommunications, transportation and defense/aerospace, automotive, medical, and consumer electronics industries. Its geographical segments are the United States, Macao, United Kingdom, Slovakia, Germany, Switzerland, and All other foreign countries. Majority of the revenue is derived from United States.

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Why Etsy Shares Are Trading Lower By Around 8%? Here Are Other Stocks Moving In Thursday&#39;s Mid-Day Session

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U.S. stocks traded higher this morning, with the Nasdaq Composite jumping around 300 points on Thursday.

Following the market opening Thursday, the Dow traded up 0.63% to 38,857.02 while the NASDAQ rose 1.95% to 15,884.67. The S&amp;P 500 also rose, gaining, 1.20% to 5,041.45.

Nasdaq Surges 300 Points; NVIDIA Posts Strong Results

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Unmasking Q2 2023&#39;s Stars &amp; Strugglers: Industry ETFs And Top Stock Standouts

Bel Fuse Inc

Bel Fuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFA#NASDAQ">BELFA</a>) sees Q4 sales of $117.000 million-125.000 million vs $128.50 million estimate.

Guidance

Bel Fuse Sees Q4 Sales $117.000M-125.000M vs $128.50M Est.

Bel Fuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFA#NASDAQ">BELFA</a>) reported quarterly earnings of $0.94 per share which beat the analyst consensus estimate of $0.83 by 13.25 percent. This is a 40.88 percent decrease over earnings of $1.59 per share from the same period last year. The company reported quarterly sales of $123.638 million which beat the analyst consensus estimate of $121.000 million by 2.18 percent. This is a 22.08 percent decrease over sales of $158.682 million the same period last year.

Earnings Beats

Bel Fuse Q3 2024 Adj. EPS $0.94 Beats $0.83 Estimate, Sales $123.638M Beat $121.000M Estimate

Bel Fuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFA#NASDAQ">BELFA</a>) will release its quarterly earnings report on Wednesday, 2024-10-23. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Bel Fuse to report an earnings per share (EPS) of $0.83.
Investors in Bel Fuse are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
<h3>Earnings Track Record</h3>
Last quarter the company beat EPS by $0.59, which was followed by a 9.14% increase in the share price the next day.
Here's a look at Bel Fuse's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.87</td>
<td>0.98</td>
<td>1.38</td>
<td></td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.46</td>
<td>1.19</td>
<td>1.29</td>
<td>1.59</td>
</tr>
<tr>
<td>Price Change %</td>
<td>9.0%</td>
<td>-3.0%</td>
<td>-21.0%</td>
<td>20.0%</td>
</tr>
</tbody>
</table>

<h3>Tracking Bel Fuse's Stock Performance</h3>
Shares of Bel Fuse were trading at $103.99 as of October 21. Over the last 52-week period, shares are up 168.08%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<a href="https://www.benzinga.com/quote/BELFA/earnings">To track all earnings releases for Bel Fuse visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Bel Fuse Earnings Preview

Transaction highlights:
<ul>
<li>Expands Bel&#39;s exposure to the aerospace and defense end market from&nbsp;17.5%&nbsp;to&nbsp;31%&nbsp;of total revenue, based on LTM&nbsp;Q2&nbsp;2024</li>
<li>Enercon gross margin of&nbsp;46.0%&nbsp;and Adjusted EBITDA margin of&nbsp;32.5%&nbsp;for LTM&nbsp;Q2&nbsp;2024, ahead of Bel&#39;s historical margin profile</li>
<li>Expected to be accretive to Bel&#39;s GAAP EPS within one-year post-close, and to Bel&#39;s non-GAAP EPS on Day 1</li>
<li>Expected net leverage of under 2.0x within one quarter from close, as T-bills mature</li>
</ul>

Reported Earlier, Bel Fuse To Acquire 80% Stake In Enercon Technologies For $320M, Expanding Aerospace And Defense Portfolio

BELFB

Bel Fuse Sees Q3 Sales $118M-$126M Vs $130.177M

Bel Fuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFA#NASDAQ">BELFA</a>) reported quarterly earnings of $1.46 per share which beat the analyst consensus estimate of $0.87 by 67.82 percent. The company reported quarterly sales of $133.205 million which beat the analyst consensus estimate of $128.000 million by 4.07 percent. This is a 21.08 percent decrease over sales of $168.777 million the same period last year.

Bel Fuse Q2 2024 Adj EPS $1.46 Beats $0.87 Estimate, Sales $133.205M Beat $128.000M Estimate

Bel Fuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFA#NASDAQ">BELFA</a>) reported quarterly earnings of $1.19 per share which beat the analyst consensus estimate of $0.98 by 21.43 percent. This is a 15.6 percent decrease over earnings of $1.41 per share from the same period last year. The company reported quarterly sales of $128.090 million which missed the analyst consensus estimate of $128.250 million by 0.12 percent. This is a 25.68 percent decrease over sales of $172.344 million the same period last year.

Earnings Misses

Bel Fuse Q1 2024 Adj EPS $1.19 Beats $0.98 Estimate, Sales $128.090M Miss $128.250M Estimate

Shares of Etsy, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/etsy#NASDAQ">ETSY</a>) fell sharply during Thursday&rsquo;s session after the company reported <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/02/37261895/4-etsy-analysts-stand-firm-on-ratings-post-q4-earnings-point-to-buyer-growth-fee-ex">mixed fourth-quarter financial results.</a>
Etsy reported quarterly earnings of 62 cents per share which missed the analyst consensus estimate of 78 cents. The company reported quarterly sales of $842.3 million, beating the analyst consensus estimate of $827.81 million. 
Etsy shares dipped 7.5% to $71.34 on Thursday.
Here are some other stocks moving in today&#39;s mid-day session.
<h3>Gainers</h3>
<ul>
<li>La Rosa Holdings Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lrhc#NASDAQ">LRHC</a>) shares jumped 160.7% to $3.6499 after the company said it has acquired a 100% interest in the Company&#39;s franchisee - La Rosa Realty Winter Garden LLC located in Winter Garden, Florida.</li>
<li>BuzzFeed, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bzfd#NASDAQ">BZFD</a>) jumped 91.4% to $0.4150 after the company revealed the sale of Complex Networks to NTWRK, a live-streaming video commerce platform. The deal, valued at $108.6 million, will also result in a 16% reduction in BuzzFeed&rsquo;s workforce.</li>
<li>Monopar Therapeutics Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mnpr#NASDAQ">MNPR</a>) rose 80.7% to $1.03 after the company disclosed promising preclinical data for its MNPR-101 radiopharma program targeting advanced cancers.</li>
<li>Root, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/root#NASDAQ">ROOT</a>) shares gained 40.8% to $12.21 after posting better-than-expected fourth-quarter results.</li>
<li>Novavax, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nvax#NASDAQ">NVAX</a>) jumped 34.7% to $5.36. Novavax has reached a settlement related to the 2021 advance purchase agreement for Novavax&#39;s prototype Covid-19 vaccine (NVX-COV2373).</li>
<li>EZFill Holdings Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ezfl#NASDAQ">EZFL</a>) rose 34.3% to $1.86. EzFill announced preliminary 2023 revenues of $23 million, up 54% year over year.</li>
<li>Mercurity Fintech Holding Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mfh#NASDAQ">MFH</a>) jumped 30% to $2.93.</li>
<li>Mativ Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/matv#NYSE">MATV</a>) gained 27.6% to $15.00 following upbeat earnings.</li>
<li>Venus Concept Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vero#NASDAQ">VERO</a>) shares climbed 26.9% to $1.6242 after the company received CE Mark from DEKRA Certification B.V. to market Venus Versa Pro in Europe.</li>
<li>Outset Medical, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/om#NASDAQ">OM</a>) gained 26% to $4.0680 following upbeat results.</li>
<li>Ocular Therapeutix, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ocul#NASDAQ">OCUL</a>) rose 22.2% to $9.19 after announcing a $325.0 million private placement.</li>
<li>Remitly Global, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rely#NASDAQ">RELY</a>) shares rose 19.5% to $21.13 after the company reported better-than-expected fourth-quarter financial results.</li>
<li>B. Riley Financial, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rily#NASDAQ">RILY</a>) gained 19.3% to $18.13. B. Riley&rsquo;s board issued a statement regarding internal review.</li>
<li>Super Micro Computer, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/smci#NASDAQ">SMCI</a>) jumped 19.2% to $875.07. Supermicro announced a proposed offering of $1.5 billion of convertible senior notes due 2029.</li>
<li>Bone Biologics Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bblg#NASDAQ">BBLG</a>) gained 18.4% to $3.73.</li>
<li>Amylyx Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amlx#NASDAQ">AMLX</a>) rose 17.5% to $18.00 following strong sales results.</li>
<li>ACV Auctions Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/acva#NASDAQ">ACVA</a>) gained 16.9% to $16.37 after the company reported better-than-expected fourth-quarter financial results and announced the settlement of its antitrust litigation related to the AutoIMS technology platform.</li>
<li>FTI Consulting, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fcn#NYSE">FCN</a>) jumped 15.5% to $219.72 following upbeat results.</li>
<li>NVIDIA Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nvda#NASDAQ">NVDA</a>) rose 15.4% to $778.61 after the company reported better-than-expected fourth-quarter financial results and issued strong revenue guidance for the first quarter.</li>
<li>OUTFRONT Media Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/out#NYSE">OUT</a>) gained 15.4% to $14.35 following upbeat results.</li>
<li>Lantheus Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lnth#NASDAQ">LNTH</a>) rose 14.4% to $64.90 following strong results.</li>
<li>Enerplus Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/erf#NYSE">ERF</a>) rose 13.7% to $18.67.</li>
<li>Indivior PLC (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/indv#NASDAQ">INDV</a>) gained 13.3% to $19.83 following fourth-quarter results.</li>
<li>Recursion Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rxrx#NASDAQ">RXRX</a>) rose 12.2% to $13.88.</li>
<li>Agile Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/agrx#NASDAQ">AGRX</a>) gained 11.1% to $1.10. Agile Therapeutics was granted extension by Nasdaq Hearings Panel to regain compliance until March 25, 2024. The company sees FY23 revenue of $20 million to $21 million. Agile Therapeutics announces exercise of warrants for $4.8 million gross proceeds.</li>
<li>Synopsys, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/snps#NASDAQ">SNPS</a>) gained 10.7% to $601.93 after the company reported better-than-expected first-quarter adjusted EPS results and issued strong guidance.</li>
<li>Q2 Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qtwo#NASDAQ">QTWO</a>) rose 9.5% to $45.82 following strong results.</li>
<li>Eastside Distilling, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/east#NASDAQ">EAST</a>) shares rose 7.6% to $1.0340.</li>
<li>DigitalOcean Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/docn#NYSE">DOCN</a>) gained 6.8% to $38.29 following upbeat results.</li>
</ul>
<h3>Losers</h3>
<ul>
<li>Draganfly Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dpro#NASDAQ">DPRO</a>) shares fell 50.3% to $0.1790 after the company announced pricing of $3.6 million underwritten public offering.</li>
<li>Greenbrook TMS Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gbnh#NASDAQ">GBNH</a>) fell 46.6% to $0.2024 after the company announced a $1.2 million registered direct offering of 6 million shares at $0.20 per share purchase price.</li>
<li>Synaptogenix, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/snpx#NASDAQ">SNPX</a>) shares fell 29.5% to $0.1839 after surging 29% on Wednesday. Synaptogenix received a Notice of Allowance for its U.S. Patent application 17/665,033 titled &quot;Halogenated Esters of Cyclopropanated Unsaturated Fatty Acids for Use in the Treatment of Neurodegenerative Diseases.&quot;</li>
<li>Rivian Automotive, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rivn#NASDAQ">RIVN</a>) fell 26.8% to $11.25 after the company reported a wider-than-expected loss for its fourth quarter and announced plans to reduce its salaried workforce by around 10% to help further improve costs. The company said it sees production of 57,000 vehicles in 2024.</li>
<li>MMTec, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mtc#NASDAQ">MTC</a>) fell 23.2% to $1.0750.</li>
<li>Goosehead Insurance, Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gshd#NASDAQ">GSHD</a>) dipped 21.2% to $68.78 after the company reported worse-than-expected fourth-quarter financial results and issued FY24 revenue guidance below estimates.</li>
<li>Bel Fuse Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/belfa#NASDAQ">BELFA</a>) fell 20.1% to $59.16 after the company reported weak fourth-quarter financial results.</li>
<li>Lucid Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lcid#NASDAQ">LCID</a>) shares fell 19.1% to $2.9912 after the company reported mixed fourth-quarter financial results and issued guidance.</li>
<li>Sunnova Energy International Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nova#NYSE">NOVA</a>) dipped 18.6% to $9.52 after the company reported worse-than-expected fourth-quarter financial results.</li>
<li>ATN International, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/atni#NASDAQ">ATNI</a>) declined 18.1% to $29.20 after the company reported fourth-quarter financial results and issued guidance.</li>
<li>Pulmonx Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lung#NASDAQ">LUNG</a>) fell 17.6% to $11.94 after the company reported fourth-quarter financial results.</li>
<li>MGP Ingredients, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mgpi#NASDAQ">MGPI</a>) declined 14.3% to $78.75 after the company reported fourth-quarter financial results.</li>
<li>Momentus Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mnts#NASDAQ">MNTS</a>) shares fell 13.1% to $0.5995 after declining around 7% on Wednesday.</li>
<li>Standard Motor Products, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/smp#NYSE">SMP</a>) dipped 12.7% to $35.01 after the company reported worse-than-expected fourth-quarter financial results and issued guidance.</li>
<li>Teekay Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tk#NYSE">TK</a>) gained 12.4% to $7.21 after the company reported a year-over-year decrease in Q4 financial results.</li>
<li>TrueCar, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/true#NASDAQ">TRUE</a>) dipped 11% to $3.4450 following weak sales.</li>
<li>Kratos Defense &amp; Security Solutions, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ktos#NASDAQ">KTOS</a>) fell 8% to $18.57. Kratos Defense &amp; Security Solutions announced a proposed public offering of $300 million of common stock.</li>
<li>Rogers Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rog#NYSE">ROG</a>) fell 6.8% to $108.29 following weak quarterly results.</li>
</ul>
&nbsp;
Now Read This: <a href="https://www.benzinga.com/news/earnings/24/02/37262506/booking-holdings-earnings-are-imminent-these-most-accurate-analysts-revise-forecasts-ahead-of-earni"> Booking Holdings Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call </a>

Why Etsy Shares Are Trading Lower By Around 8%? Here Are Other Stocks Moving In Thursday's Mid-Day Session

<h3>Gainers</h3>
<ul>
<li>CSP (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSPI#NASDAQ">CSPI</a>) stock moved upwards by 45.8% to $49.15 during Thursday's regular session. The company's market cap stands at $238.7 million. </li>
<li>Infobird Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IFBD#NASDAQ">IFBD</a>) stock increased by 35.0% to $2.7. The market value of their outstanding shares is at $28.9 million. </li>
<li>Mercurity Fintech Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MFH#NASDAQ">MFH</a>) stock increased by 34.86% to $3.08. The company's market cap stands at $187.0 million. </li>
<li>Super Micro Computer (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) stock increased by 27.31% to $934.7. The market value of their outstanding shares is at $52.2 billion. </li>
<li>One Stop Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OSS#NASDAQ">OSS</a>) shares rose 24.37% to $3.47. The company's market cap stands at $71.4 million. </li>
<li>NOVONIX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVX#NASDAQ">NVX</a>) shares increased by 15.02% to $2.45. The market value of their outstanding shares is at $298.2 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Bel Fuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFB#NASDAQ">BELFB</a>) stock declined by 26.8% to $51.34 during Thursday's regular session. The company's market cap stands at $655.6 million. As per the news, the Q4 earnings report came out yesterday. </li>
<li>MMTEC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTC#NASDAQ">MTC</a>) stock declined by 22.86% to $1.08. The market value of their outstanding shares is at $215.0 million. </li>
<li>Bel Fuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFA#NASDAQ">BELFA</a>) stock decreased by 20.41% to $59.59. The company's market cap stands at $761.1 million. The company's, Q4 earnings came out yesterday. </li>
<li>CISO Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CISO#NASDAQ">CISO</a>) shares decreased by 14.92% to $0.11. The company's market cap stands at $20.0 million. </li>
<li>MicroCloud Hologram (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOLO#NASDAQ">HOLO</a>) stock declined by 12.26% to $13.6. The market value of their outstanding shares is at $80.8 million. </li>
<li>Datasea (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DTSS#NASDAQ">DTSS</a>) stock decreased by 11.48% to $6.46. The company's market cap stands at $16.4 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CISO

CSPI

DTSS

MicroCloud Hologram Inc. - Ordinary Shares

HOLO

IFBD

Nuveen California Dividend Advantage Municipal Fund 2

12 Information Technology Stocks Moving In Thursday's Intraday Session

WIIM

Bel Fuse shares are trading lower after the company reported worse-than-expected Q4 financial results.

U.S. stocks traded higher this morning, with the Nasdaq Composite jumping around 300 points on Thursday.
Following the market opening Thursday, the Dow traded up 0.63% to 38,857.02 while the NASDAQ rose 1.95% to 15,884.67. The S&amp;P 500 also rose, gaining, 1.20% to 5,041.45.
Check This Out: <a href="https://www.benzinga.com/news/24/02/37257718/analog-devices-to-rally-around-19-here-are-10-top-analyst-forecasts-for-thursday"> Analog Devices To Rally Around 19%? Here Are 10 Top Analyst Forecasts For Thursday </a>
&nbsp;
<h3>Leading and Lagging Sectors</h3>
&nbsp;
Information technology shares rose by 3.1% on Thursday.
In trading on Thursday, utilities shares fell by 0.8%.
&nbsp;
<h3>Top Headline</h3>
&nbsp;
NVIDIA Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nvda#NASDAQ">NVDA</a>) reported better-than-expected fourth-quarter financial results and issued strong revenue guidance for the first quarter.
The company reported revenue of $22.10 billion, beating a Street estimate of $20.62 billion. Revenue in the fourth quarter was up 265% year-over-year. Nvidia reported fourth-quarter non-GAAP earnings per share of $5.16, which came in ahead of a Street consensus estimate of $4.64 according to data from Benzinga Pro.
&nbsp;
<h3>Equities Trading UP</h3>
&nbsp;
La Rosa Holdings Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lrhc#NASDAQ">LRHC</a>) shares shot up 186% to $4.00 after the company said it has acquired a 100% interest in the Company&#39;s franchisee - La Rosa Realty Winter Garden LLC located in Winter Garden, Florida.
Shares of BuzzFeed, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bzfd#NASDAQ">BZFD</a>) got a boost, surging 78% to $0.3901 after the company revealed the sale of Complex Networks to NTWRK, a live-streaming video commerce platform. The deal, valued at $108.6 million, will also result in a 16% reduction in BuzzFeed&rsquo;s workforce.
Venus Concept Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vero#NASDAQ">VERO</a>) shares were also up, gaining 45% to $1.8606 after the company received CE Mark from DEKRA Certification B.V. to market Venus Versa Pro in Europe.
&nbsp;
<h3>Equities Trading DOWN</h3>
&nbsp;
Draganfly Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dpro#NASDAQ">DPRO</a>) shares dropped 46% to $0.1951 after the company announced pricing of $3.6 million underwritten public offering.
Shares of Greenbrook TMS Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gbnh#NASDAQ">GBNH</a>) were down 42% to $0.2201 after the company announced a $1.2 million registered direct offering of 6 million shares at $0.20 per share purchase price.
Bel Fuse Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/belfa#NASDAQ">BELFA</a>) was down, falling 23% to $57.00 after the company reported weak fourth-quarter financial results.
Also Check This Out:<a href="https://www.benzinga.com/trading-ideas/long-ideas/24/02/37254407/jim-cramer-unity-software-had-problems-but-zscaler-is-a-good-one-to-buy"> Jim Cramer: Unity Software &#39;Had Problems,&#39; But Zscaler Is A &#39;Good One&#39; To Buy </a>
&nbsp;
<h3>Commodities</h3>
&nbsp;
In commodity news, oil traded up 0.1% to $77.94 while gold traded up 0.2% at $2,038.10.
Silver traded up 0.9% to $23.09 on Thursday while copper fell 0.1% to $3.8740.
&nbsp;
<h3>Euro zone</h3>
&nbsp;
European shares were higher today. The eurozone&rsquo;s STOXX 600 climbed 0.8%, London&rsquo;s FTSE 100 rose 0.3% while Spain&rsquo;s IBEX 35 Index rose 0.5% The German DAX gained 1.4% French CAC 40 rose 1% while Italy&rsquo;s FTSE MIB Index rose 1.2%.
The inflation rate in the Eurozone eased to 2.8% in January from 2.9% in December. The HCOB Eurozone manufacturing PMI fell to 46.1 in February from 46.6 in January, while services PMI rose to 50 in February. The HCOB France composite PMI rose to 47.7 in February from 44.6 in the earlier month, while German composite PMI fell to 46.1 in February from 47.0 in the prior month.
The S&amp;P Global UK services PMI came in steady at 54.3 in February, while manufacturing PMI rose to 47.1 in February from 47 in January.
&nbsp;
<h3>Asia Pacific Markets</h3>
&nbsp;
Asian markets closed mixed on Wednesday, with Japan&rsquo;s Nikkei 225 surging 2.19%, Hong Kong&rsquo;s Hang Seng Index rising 1.45%, China&rsquo;s Shanghai Composite Index gaining 1.27% and India&rsquo;s S&amp;P BSE Sensex jumping 0.74%.
The annual inflation rate in Hong Kong eased to 1.7% in January from 2.4% in the prior month. The HSBC India composite PMI rose to 61.5 in February from a final reading of 61.2 in the earlier month. The au Jibun Bank Japan composite PMI declined to 50.3 in February versus a final reading of 51.5 in January.
&nbsp;
<h3>Economics</h3>
&nbsp;
The Chicago Fed National Activity Index fell to -0.30 in January versus a revised reading of 0.02 in the previous month.
U.S. initial jobless claims fell by 12,000 to 201,000 in the week ending Feb. 17, compared to market estimates of 218,000.
Now Read This: <a href="https://www.benzinga.com/news/24/02/37209778/starbucks-regeneron-pharmaceuticals-and-2-other-stocks-insiders-are-selling"> Starbucks, Regeneron Pharmaceuticals And 2 Other Stocks Insiders Are Selling</a>

<h3>Gainers</h3>
<ul>
<li>Lightwave Logic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LWLG#NASDAQ">LWLG</a>) stock increased by 22.2% to $5.29 during Thursday's pre-market session. The market value of their outstanding shares is at $618.3 million. </li>
<li>Olo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OLO#NYSE">OLO</a>) shares moved upwards by 19.2% to $6.89. The market value of their outstanding shares is at $1.1 billion. The company's, Q4 earnings came out yesterday. </li>
<li>Nano Labs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NA#NASDAQ">NA</a>) shares rose 17.54% to $2.01. The market value of their outstanding shares is at $131.3 million. </li>
<li>Super Micro Computer (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) shares moved upwards by 16.45% to $855.0. The company's market cap stands at $47.8 billion. </li>
<li>Veritone (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VERI#NASDAQ">VERI</a>) stock moved upwards by 15.87% to $2.25. The market value of their outstanding shares is at $83.4 million. </li>
<li>D-Wave Quantum (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QBTS#NYSE">QBTS</a>) stock increased by 15.38% to $2.1. The market value of their outstanding shares is at $335.8 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Bel Fuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFB#NASDAQ">BELFB</a>) shares declined by 16.9% to $58.27 during Thursday's pre-market session. The company's market cap stands at $744.2 million. As per the news, the Q4 earnings report came out yesterday. </li>
<li>Bel Fuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFA#NASDAQ">BELFA</a>) stock fell 11.31% to $66.4. The market value of their outstanding shares is at $848.0 million. The company's, Q4 earnings came out yesterday. </li>
<li>The9 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCTY#NASDAQ">NCTY</a>) stock fell 10.93% to $5.3. The company's market cap stands at $25.1 million. </li>
<li>DatChat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DATS#NASDAQ">DATS</a>) stock fell 10.64% to $1.15. The market value of their outstanding shares is at $2.8 million. </li>
<li>ARB IOT Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARBB#NASDAQ">ARBB</a>) stock fell 10.46% to $1.7. The market value of their outstanding shares is at $44.9 million. </li>
<li>UTime (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WTO#NASDAQ">WTO</a>) stock fell 10.1% to $0.26. The market value of their outstanding shares is at $3.5 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Information Technology Stocks Moving In Thursday's Pre-Market Session

Bel Fuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFA#NASDAQ">BELFA</a>) reported quarterly earnings of $1.29 per share which missed the analyst consensus estimate of $1.38 by 6.52 percent. The company reported quarterly sales of $140.01 million which missed the analyst consensus estimate of $150.50 million by 6.97 percent. This is a 17.25 percent decrease over sales of $169.20 million the same period last year.

Bel Fuse Q4 2023 Adj EPS $1.29 Misses $1.38 Estimate, Sales $140.01M Miss $150.50M Estimate

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Earnings Scheduled For February 21, 2024

Bel Fuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFA#NASDAQ">BELFA</a>) is set to give its latest quarterly earnings report on Wednesday, 2024-02-21. Here's what investors need to know before the announcement.
Analysts estimate that Bel Fuse will report an earnings per share (EPS) of $1.38. 
Bel Fuse bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Here's a look at Bel Fuse's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.59</td>
<td>1.89</td>
<td>1.41</td>
<td>1.27</td>
</tr>
<tr>
<td>Price Change %</td>
<td>19.65%</td>
<td>-3.88%</td>
<td>18.04%</td>
<td>-10.93%</td>
</tr>
</tbody>
</table>

<h3>Stock Performance</h3>
Shares of Bel Fuse were trading at $76.655 as of February 19. Over the last 52-week period, shares are up 79.63%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<a href="https://www.benzinga.com/quote/BELFA/earnings">To track all earnings releases for Bel Fuse visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Bel Fuse's Earnings Outlook

<h3>What are Value Stocks?</h3>
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. 
<h2>Benzinga Insights has compiled a list of value stocks in the technology sector that may be worth watching:</h2>
<ol>
<li>BOS Better Online Solns (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BOSC#NASDAQ">BOSC</a>) - P/E: 7.47</li>
<li>Canadian Solar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSIQ#NASDAQ">CSIQ</a>) - P/E: 4.47</li>
<li>JinkoSolar Holding Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JKS#NYSE">JKS</a>) - P/E: 3.17</li>
<li>Bel Fuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFA#NASDAQ">BELFA</a>) - P/E: 9.73</li>
<li>Nokia (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOK#NYSE">NOK</a>) - P/E: 4.2</li>
</ol>
This quarter, BOS Better Online Solns experienced a decrease in earnings per share, which was $0.11 in Q2 and is now $0.05. This quarter, Canadian Solar experienced a decrease in earnings per share, which was $2.39 in Q2 and is now $0.32. Most recently, JinkoSolar Holding Co reported earnings per share at $3.31, whereas in Q2 earnings per share sat at $3.52. Bel Fuse saw a decrease in earnings per share from 1.89 in Q2 to $1.59 now. The company's most recent dividend yield sits at 0.46%, which has increased by 0.02% from 0.44% last quarter. 
Nokia's earnings per share for Q3 sits at $0.05, whereas in Q2, they were at 0.08. The company's most recent dividend yield sits at 3.95%, which has increased by 0.54% from 3.41% last quarter. 
These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.

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A Look Into Technology Sector Value Stocks

<h3>Gainers</h3>
<ul>
<li>Cyngn (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYN#NASDAQ">CYN</a>) shares rose 83.0% to $0.45 during Thursday's regular session. The company's market cap stands at $18.6 million. </li>
<li>SEALSQ (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAES#NASDAQ">LAES</a>) stock rose 36.19% to $1.27. The market value of their outstanding shares is at $11.4 million. </li>
<li>Powerbridge Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PBTS#NASDAQ">PBTS</a>) stock increased by 22.46% to $1.25. The market value of their outstanding shares is at $5.8 million. </li>
<li>Verint Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRNT#NASDAQ">VRNT</a>) stock rose 21.91% to $29.3. The company's market cap stands at $1.8 billion. As per the news, the Q3 earnings report came out yesterday. </li>
<li>Semtech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) stock moved upwards by 20.58% to $20.14. The market value of their outstanding shares is at $1.2 billion. As per the news, the Q3 earnings report came out yesterday. </li>
<li>GSI Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSIT#NASDAQ">GSIT</a>) stock rose 18.1% to $2.87. The market value of their outstanding shares is at $72.3 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>MicroAlgo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLGO#NASDAQ">MLGO</a>) stock fell 51.1% to $4.68 during Thursday's regular session. The company's market cap stands at $205.2 million. </li>
<li>Sprinklr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CXM#NYSE">CXM</a>) shares declined by 32.04% to $11.35. The market value of their outstanding shares is at $3.0 billion. As per the press release, Q3 earnings came out yesterday. </li>
<li>Phunware (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PHUN#NASDAQ">PHUN</a>) stock declined by 27.82% to $0.09. The company's market cap stands at $12.4 million. </li>
<li>Red Cat Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RCAT#NASDAQ">RCAT</a>) stock decreased by 26.99% to $0.56. The company's market cap stands at $30.8 million. </li>
<li>Bel Fuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFA#NASDAQ">BELFA</a>) shares decreased by 15.82% to $45.5. The market value of their outstanding shares is at $581.1 million. </li>
<li>Near Intelligence (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NIR#NASDAQ">NIR</a>) shares declined by 11.93% to $0.17. The market value of their outstanding shares is at $9.0 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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<h3>Gainers</h3>
<ul>
<li>Bit Origin (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTOG#NASDAQ">BTOG</a>) stock moved upwards by 16.3% to $4.99 during Tuesday's regular session. The market value of their outstanding shares is at $16.9 million. </li>
<li>Iris Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IREN#NASDAQ">IREN</a>) stock rose 14.23% to $4.34. The market value of their outstanding shares is at $291.2 million. </li>
<li>Bitdeer Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTDR#NASDAQ">BTDR</a>) stock increased by 13.63% to $4.75. The market value of their outstanding shares is at $528.3 million. </li>
<li>Sobr Safe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOBR#NASDAQ">SOBR</a>) shares increased by 13.54% to $0.72. The market value of their outstanding shares is at $13.3 million. </li>
<li>XIAO-I (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIXI#NASDAQ">AIXI</a>) stock rose 13.51% to $2.52. The market value of their outstanding shares is at $181.5 million. </li>
<li>Cleanspark (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSK#NASDAQ">CLSK</a>) stock moved upwards by 13.17% to $6.32. The market value of their outstanding shares is at $963.9 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>MicroAlgo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLGO#NASDAQ">MLGO</a>) shares decreased by 23.3% to $4.02 during Tuesday's regular session. The market value of their outstanding shares is at $176.3 million. </li>
<li>Bel Fuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFA#NASDAQ">BELFA</a>) stock decreased by 18.02% to $45.5. The company's market cap stands at $581.1 million. </li>
<li>MicroCloud Hologram (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOLO#NASDAQ">HOLO</a>) shares decreased by 15.3% to $0.8. The company's market cap stands at $40.8 million. </li>
<li>ReAlpha Tech Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIRE#NASDAQ">AIRE</a>) stock decreased by 12.33% to $3.2. The market value of their outstanding shares is at $141.1 million. </li>
<li>Alarum Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALAR#NASDAQ">ALAR</a>) shares declined by 12.21% to $4.79. The company's market cap stands at $28.0 million. As per the news, the Q3 earnings report came out today. </li>
<li>HeartCore Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTCR#NASDAQ">HTCR</a>) stock declined by 10.73% to $0.58. The company's market cap stands at $12.0 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

12 Information Technology Stocks Moving In Tuesday's Intraday Session

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