Belden Q3 2026: A $100M Fiber Deal Points to 50% Data Center Growth
As seen on the 24/7 Wall St. homepage on October 29, 2026.
Belden signed a $100 million fiber assembly agreement that has management guiding its data center business to grow more than 50% in 2027, the clearest AI infrastructure hook this company has offered. Adjusted EPS came in essentially in line with estimates, ending a five-quarter beat streak.
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Third-quarter revenue of $965.95 million rose 38% year over year, with adjusted EPS in line with estimates, ending a five-quarter streak of earnings beats.
A signed agreement to supply $100 million of fiber assemblies to a major U.S. data center customer in 2027 gives management confidence to forecast data center business growth of more than 50% next year. That is the clearest AI infrastructure commitment Belden has made, and it arrives alongside record quarterly orders.
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The Ruckus acquisition absorbed $100 million in non-cash purchase accounting charges, driving a GAAP net loss of $0.29 per share against net income a year ago. The leverage taken on to do the deal is a material item to weigh against the growth outlook.
Belden guided fourth-quarter revenue of $960 million to $980 million, citing record orders and a building pipeline from data center and physical AI customers while flagging macroeconomic and supply chain conditions. CEO Ashish Chand framed Belden as a networking partner for physical AI and automation, a category absent from the company's investor narrative a year ago.
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Mentioned: BDC