Belden

Q2 FY2026 EarningsQ2 FY26 results significantly exceeded consensus, with record revenue of $750.2M (+12% YoY) vs. $747.6M expected and Adjusted EPS of $2.34 vs. $2.02 expected. Outperformance was driven by an 8% organic growth surge and a 250 bps expansion in Adjusted EBITDA margin to 19.5%. Q3 FY26 revenue guidance of $950M-$970M, inclusive of the RUCKUS acquisition, sits substantially above the previous consensus, reflecting strong AI data center demand and a robust order book with a 1.11 book-to-bill ratio.