Benchmark Electronics (BHE) Releases Earnings Results, Misses Expectations By $-0.01 EPS

Benchmark Electronics (BHE) reported quarterly earnings results on Thursday, Jul-21-2016. The company reported $0.31 earnings per share for the quarter, missing the analyst consensus estimate by $-0.01. Analysts had a consensus of $0.32. The company posted revenue of $579.34 million in the period, compared to analysts expectations of $582.92 million. The company’s revenue was down -12.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.42 EPS.

Benchmark Electronics opened for trading at $22.59 and hit $22.83 on the upside on Wednesday, eventually ending the session at $22.77, with a gain of 1.43% or 0.32 points. The heightened volatility saw the trading volume jump to 2,75,015 shares. Company has a market cap of $1,123 M.

In a different news, on May 8, 2015, Peter G Dorflinger (director) sold 5,978 shares at $23.75 per share price.

Benchmark Electronics Inc. (Benchmark) is a provider of integrated electronic manufacturing services. Benchmark provides its services to original equipment manufacturers (OEMs) of industrial control equipment including aerospace and defense equipment telecommunication equipment medical devices and testing and instrumentation products. The Company’s operations consist of three principal areas: manufacturing and assembly operations including printed circuit boards and subsystem assembly box build and systems integration; precision technology manufacturing including precision machining metal joining assembly and functional testing and specialized engineering services including product design printed circuit board layout automation and test development. Benchmark’s facilities include 1.6 million square feet in its United States facilities and 2.2 million square feet in its facilities in China Malaysia Mexico the Netherlands Romania and Thailand.

Benchmark Electronics

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