Belden (BDC) Q2 FY26 earnings call

Belden reported a record-breaking Q2 FY26, driven by robust orders and significant wins in AI data center infrastructure and Physical AI. The strategic acquisition of RUCKUS Networks, now closed, transforms the company into a full-stack networking and automation platform, achieving its 2028 solutions mix goal three years early. Despite an expected temporary increase in leverage post-acquisition, management outlined a clear path to deleveraging, supported by strong free cash flow generation.