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Belden Inc.’s RUCKUS Acquisition: Can A $3.6 Billion Networking Powerhouse Emerge?

Belden Inc. reported a second quarter of 2026 marked by record financial performance, underpinned by broad-based end-market demand and strategic positioning in AI infrastructure and industrial networking. The company achieved $750 million in revenue, a 12% increase year-over-year, surpassing the high end of its guidance range. Adjusted earnings per share rose 24% to $2.34, benefiting partly from a net tariff recovery of approximately $0.25 per share. Orders reached $836 million, demonstrating a 19% year-over-year increase, with a book-to-bill ratio of 1.11x, indicating sustained strong demand. Organic revenue growth was reported at 8%, with double-digit gains in Discrete, Process, and Enterprise Growth Verticals reflecting a broad industrial market improvement and traction in the company’s AI infrastructure strategy.