BHE

Benchmark Electronics, Inc.'s (NYSE:BHE) stock was strong despite it releasing a soft earnings report last week. However, we think the company is showing some signs that things are more promising than they seem. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. To properly understand Benchmark Electronics' profit results, we need to consider the US$11m expense attributed to unusual items. It's never great to see unusual items costing the company profits, but on the upside, things might improve sooner rather than later. We looked at thousands of listed companies and found that unusual items are very often one-off in nature. And that's hardly a surprise given these line items are considered unusual. Assuming those unusual expenses don't come up again, we'd therefore expect Benchmark Electronics to produce a higher profit next year, all else being equal. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. Unusual items (expenses) detracted from Benchmark Electronics' earnings over the last year, but we might see an improvement next year. Because of this, we think Benchmark Electronics' earnings potential is at least as good as it seems, and maybe even better! Unfortunately, though, its earnings per share actually fell back over the last year. Of course, we've only just scratched the surface when it comes to analysing its earnings; one could also consider margins, forecast growth, and return on investment, among other factors. With this in mind, we wouldn't consider investing in a stock unless we had a thorough understanding of the risks. While conducting our analysis, we found that Benchmark Electronics has 1 warning sign and it would be unwise to ignore this. Today we've zoomed in on a single data point to better understand the nature of Benchmark Electronics' profit. But there are plenty of other ways to inform your opinion of a company. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. While it might take a little research on your behalf, you may find this free collection of companies boasting high...

Electronics manufacturing services provider Benchmark (NYSE:BHE) met Wall Street’s revenue expectations in Q1 CY2026, with sales up 7.2% year on year to $677.3 million. The company expects next quarter’s revenue to be around $720 million, coming in 5.3% above analysts’ estimates. Its non-GAAP profit of $0.58 per share was 4.8% above analysts’ consensus estimates. Is now the time to buy Benchmark? Find out in our full research report. Revenue: $677.3 million vs analyst estimates of $676.7 million (7.2% year-on-year growth, in line) Adjusted EPS: $0.58 vs analyst estimates of $0.55 (4.8% beat) Adjusted EBITDA: $39.18 million (5.8% margin, 6.6% year-on-year growth) Revenue Guidance for Q2 CY2026 is $720 million at the midpoint, above analyst estimates of $683.7 million Adjusted EPS guidance for Q2 CY2026 is $0.68 at the midpoint, above analyst estimates of $0.59 Operating Margin: 3.2%, in line with the same quarter last year Free Cash Flow Margin: 4.2%, similar to the same quarter last year Market Capitalization: $2.47 billion “Our first quarter results have increased our confidence in 2026 and are a clear sign of the benefits from the customer‑first initiatives we began implementing over two years ago and continue to build on today,” said David Moezidis, Benchmark’s President and CEO. Operating as a critical behind-the-scenes partner for complex technology products since 1979, Benchmark Electronics (NYSE:BHE) provides advanced manufacturing, engineering, and technology solutions for original equipment manufacturers across aerospace, medical, industrial, and technology sectors. A company’s long-term performance is an indicator of its overall quality. Even a bad business can shine for one or two quarters, but a top-tier one grows for years. With $2.70 billion in revenue over the past 12 months, Benchmark is a mid-sized business services company, which sometimes brings disadvantages compared to larger competitors benefiting from better economies of scale. On the bright side, it can still flex high growth rates because it’s working from a smaller revenue base. As you can see below, Benchmark’s sales grew at a decent 5.8% compounded annual growth rate over the last five years. This shows its offerings generated slightly more demand than the average business services company, a useful starting point for our analysis. We at StockStory place the most emphasis on long-...

TEMPE, Ariz. (AP) — TEMPE, Ariz. (AP) — Benchmark Electronics Inc. (BHE) on Wednesday reported first-quarter profit of $13 million. The Tempe, Arizona-based company said it had profit of 36 cents per share. Earnings, adjusted for one-time gains and costs, came to 58 cents per share. The electronic manufacturing services company posted revenue of $677.3 million in the period. For the current quarter ending in June, Benchmark expects its per-share earnings to range from 65 cents to 71 cents. The company said it expects revenue in the range of $700 million to $740 million for the fiscal second quarter. Benchmark shares have increased 69% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $72.40, a climb of 89% in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BHE at https://www.zacks.com/ap/BHE

TEMPE, Ariz., April 29, 2026--(BUSINESS WIRE)--Benchmark Electronics, Inc. (NYSE: BHE) today announced financial results for the first quarter ended March 31, 2026. First quarter 2026 results and 2026 outlook: Revenue of $677 million Diluted GAAP earnings per share of $0.36 Diluted non-GAAP earnings per share of $0.58 Operating cash flow of $47 million with free cash flow of $29 million Increasing full year revenue growth outlook to 9-10% "Our first quarter results have increased our confidence in 2026 and are a clear sign of the benefits from the customer‑first initiatives we began implementing over two years ago and continue to build on today," said David Moezidis, Benchmark’s President and CEO. Moezidis continued, "We are seeing improvement across a broad cross‑section of our business, led by strengthening in Semi‑Cap and continued momentum in AC&C and Medical. This positions us for sequential and year‑over‑year growth through the remainder of the year, with full year revenue now expected to be in the 9–10% range, up from prior expectations of mid‑single‑digit growth." Second Quarter 2026 Guidance Revenue between $700 million and $740 million Diluted GAAP earnings per share between $0.51 and $0.57 Diluted non-GAAP earnings per share between $0.65 and $0.71 Non-GAAP earnings per share guidance excludes stock-based compensation expense of approximately $6.1 million and other non-operating expenses of $0.8 million to $1.2 million, which includes restructuring, amortization of intangibles and other expenses. First Quarter 2026 Earnings Conference Call The Company will host a conference call to discuss the results today at 5:00 p.m. Eastern Time. The live webcast of the call and accompanying reference materials will be accessible by logging on to the Company’s website at www.bench.com. A replay of the broadcast will also be available on the Company’s website. About Benchmark Electronics, Inc. Benchmark provides comprehensive solutions across the entire product lifecycle by leading through its innovative technology and engineering design services, leveraging its optimized global supply chain, and delivering world-class manufacturing services in the following industries: advanced computing and communications (AC&C), aerospace and defense (A&D), industrial, medical, and semiconductor capital equipment (Semi-Cap). Benchmark’s global operations include facilities i...

This article first appeared on GuruFocus. Revenue: $677 million, up 7% year-over-year. EPS: $0.58, at the higher end of prior guidance range. Non-GAAP Gross Margin: 10.3%, up 20 basis points year-over-year. Non-GAAP Operating Margin: 4.8%, up 20 basis points year-over-year. Operating Cash Flow: $47 million. Free Cash Flow: $29 million. Net Cash Position: $121 million as of March 31. Cash Balance: $325 million, a $3 million sequential increase. Capital Expenditures: $18 million during the quarter. Medical Revenue Growth: 24% year-over-year. AC&C Revenue Growth: 41% year-over-year. Cash Conversion Cycle: 67 days, a 19-day improvement year-over-year. Inventory Turns: Improved to 4.8 from 4.0 in the prior year period. Share Repurchase Authorization Remaining: $117 million. Warning! GuruFocus has detected 8 Warning Sign with BHE. Is BHE fairly valued? Test your thesis with our free DCF calculator. Release Date: April 29, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Benchmark Electronics Inc (NYSE:BHE) delivered revenue of $677 million and EPS of $0.58, both towards the higher end of expectations. The company expects full-year revenue growth to be in the 9% to 10% range, up from prior expectations of mid-single-digit growth. Medical revenue grew 24% year-over-year, and AC&C grew 41% year-over-year, indicating strong performance in these sectors. The company generated $47 million in operating cash flow and $29 million in free cash flow, despite investments in inventory and capital equipment. Benchmark Electronics Inc (NYSE:BHE) was named HPE Enterprises' 2026 Manufacturing Partner of the Year, highlighting strong customer relationships. Non-GAAP gross margin decreased 30 basis points sequentially, primarily due to volume. Non-GAAP operating margin was down 70 basis points sequentially, driven by lower revenue and higher variable compensation. The first quarter non-GAAP effective tax rate was slightly above prior guidance, driven by jurisdictional mix. Semicap revenue was down slightly year-over-year, despite a 12% sequential increase. The company is experiencing select lead times increasing in pockets, particularly in the memory space, indicating supply chain challenges. Q: With Penang 4 opening up in Q3, can you remind me how much capacity, excess capacity that will bring online? A: We don't discuss spec...

Benchmark reported Q1 revenue of $677 million and non‑GAAP EPS of $0.58, coming in toward the high end of guidance and representing a 7% year‑over‑year revenue gain. Management raised full‑year revenue growth guidance to 9%–10% (up from mid‑single digits) and guided Q2 revenue of $700–740 million, forecasting margin improvement and EPS growth that should outpace revenue. End‑market and balance‑sheet strength: Medical grew 24% and AC&C 41% YoY with AI‑related ramps underway, Semi‑Cap rose 12% sequentially (expected mid‑teens growth), and the firm is $121 million net cash positive with $29 million free cash flow and Penang PT4 expansion on track for Q3. Interested in Benchmark Electronics, Inc.? Here are five stocks we like better. Top 3 Behind-the-Scenes Electronic Component Companies to Watch Benchmark Electronics (NYSE:BHE) reported first-quarter fiscal 2026 results that came in toward the high end of management’s expectations, driven by growth in Medical and Advanced Computing & Communications (AC&C) and improving momentum in Semiconductor Capital Equipment (Semi-Cap). Executives also raised the company’s full-year revenue growth outlook, citing strengthening demand signals and continued execution on customer-focused initiatives. President and CEO David Moezidis said the company delivered Q1 revenue of $677 million and non-GAAP EPS of $0.58, with both metrics “coming in towards the higher end of our expectations.” CFO Bryan Schumaker added that revenue was up 7% year-over-year and above the midpoint of prior guidance of $655 million to $695 million, while non-GAAP EPS was at the high end of the prior $0.53 to $0.59 range. → Palantir Is Down 30%: Noise? Or a Signal to Accumulate? On profitability, Schumaker said non-GAAP gross margin was 10.3%, up 20 basis points year-over-year and down 30 basis points sequentially “primarily due to volume.” Non-GAAP operating margin was 4.8%, up 20 basis points year-over-year and down 70 basis points sequentially, driven by “lower revenue and higher variable compensation.” He also noted the Q1 non-GAAP effective tax rate was 27.4%, slightly above the company’s guidance range due to jurisdictional mix. Schumaker detailed Q1 revenue by sector, noting that Semi-Cap revenue, while “down slightly year-over-year,” rose 12% sequentially as momentum improved through the quarter. Industrial and Aerospace & Defense (A&D) moderated y...

Management raised full-year revenue growth expectations to 9% to 10% based on stronger demand signals across a broad cross-section of end-markets compared to 90 days ago. Semi-Cap returned to double-digit sequential growth, driven by broad-based strength across the customer base and increased share of wallet with existing accounts. The AC&C sector experienced 41% year-over-year growth, primarily attributed to the initial ramp of AI-related wins utilizing liquid cooling capabilities for clustered AI solutions. Medical revenue growth of 24% was supported by a combination of competitive wins, strong end-market demand, and new program ramps. Operational discipline and customer-first initiatives implemented over the past two years are driving leverage, with earnings expected to outpace revenue growth. The company is seeing early signs of supply chain tightening, specifically increasing lead times in select pockets and challenges within the memory space. Management expects sequential and year-over-year improvements in revenue, profitability, and earnings throughout the remainder of fiscal 2026. Semi-Cap revenue is projected to grow in the mid-teens for the full year, with the second half expected to be stronger than the first half. The fourth Precision Technology building in Penang remains on track to begin operations in Q3, providing capacity to support 2026 demand and 2027 growth. Aerospace & Defense is expected to moderate in 2026 due to defense program timing, but strong bookings in defense and space position the sector for a return to growth in 2027. Full-year capital spending is expected to track to the higher end of the 2.0% to 2.5% range to support future growth and capacity expansion. Inventory management led to a 19-day year-over-year improvement in the cash conversion cycle, even as the top line grew. The non-GAAP effective tax rate for Q2 and the full year is expected to remain between 26% and 27% while the company pursues long-term structural improvements. Q2 operating margins may be slightly impacted by variable compensation and corporate expenses related to growth ramps. Management noted that defense spending is likely to remain strong for 12 to 24 months due to replenishment needs, regardless of immediate conflict resolutions. Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you wh...

Electronics manufacturing services provider Benchmark (NYSE:BHE) will be reporting earnings this Wednesday afternoon. Here’s what to look for. Benchmark beat analysts’ revenue expectations last quarter, reporting revenues of $704.3 million, up 7.2% year on year. It was a very strong quarter for the company, with revenue guidance for next quarter beating analysts’ expectations and a beat of analysts’ EPS estimates. Is Benchmark a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members. This quarter, the market is expecting Benchmark’s revenue to grow 7.1% year on year, a reversal from the 6.5% decrease it recorded in the same quarter last year. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Benchmark has missed Wall Street’s revenue estimates multiple times over the last two years. Looking at Benchmark’s peers in the tech hardware & electronics segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Jabil delivered year-on-year revenue growth of 23.1%, beating analysts’ expectations by 6.8%, and Knowles reported revenues up 15.8%, topping estimates by 3.9%. Jabil traded up 1.1% following the results while Knowles was down 2.1%. Read our full analysis of Jabil’s results here and Knowles’s results here. There has been positive sentiment among investors in the tech hardware & electronics segment, with share prices up 13.1% on average over the last month. Benchmark is up 29.5% during the same time and is heading into earnings with an average analyst price target of $60 (compared to the current share price of $69.30). WHILE YOU’RE HERE: The Next Palantir? One satellite company captures images of every point on Earth. Every single day. The Pentagon wants it. Hedge funds are using it to beat earnings. You’ve probably never heard of it. This is what the early days of Palantir looked like before it became a $437 billion giant. Same playbook. Different technology. If you missed Palantir, you need to see this. Claim The Stock Ticker for Free HERE.

TEMPE, Ariz., April 15, 2026--(BUSINESS WIRE)--Benchmark Electronics, Inc. (NYSE: BHE) will announce first quarter fiscal year 2026 results on Wednesday, April 29, 2026 after the market close. The Company will host a conference call to discuss these results on the same day at 5:00 p.m. Eastern Time. A live audio webcast of the call along with supporting materials will be available on the Benchmark Investor Relations website at ir.bench.com or on the webcast link provided below. Following the call, a webcast replay will be available on the Company’s website. About Benchmark Electronics, Inc. Benchmark provides comprehensive solutions across the entire product lifecycle by leading through its innovative technology and engineering design services, leveraging its optimized global supply chain, and delivering world-class manufacturing services in the following industries: advanced computing and communications, aerospace and defense, industrial, medical, and semiconductor capital equipment. Benchmark operates in eight countries and its common shares trade on the New York Stock Exchange under the symbol BHE. View source version on businesswire.com: https://www.businesswire.com/news/home/20260415889056/en/ Contacts For further information: Investors and Analysts, Paul Mansky, Investor Relations & Corporate Development, 623-300-7052 or [email protected]; Media and Press, Alec Robertson, 585-281-6399 or [email protected]

First quarter 2026 cash dividend of $0.17 per share TEMPE, Ariz., March 16, 2026--(BUSINESS WIRE)--Benchmark Electronics, Inc. (NYSE: BHE) today announced that its Board of Directors declared a quarterly dividend of $0.17 per share, payable on April 10, 2026, to shareholders of record at the close of business on March 31, 2026. About Benchmark Electronics, Inc. Benchmark provides comprehensive solutions across the entire product lifecycle by leading through its innovative technology and engineering design services, leveraging its optimized global supply chain, and delivering world-class manufacturing services in the following industries: advanced computing and communications, aerospace and defense, industrial, medical, and semiconductor capital equipment. Benchmark operates in eight countries and its common shares trade on the New York Stock Exchange under the symbol BHE. View source version on businesswire.com: https://www.businesswire.com/news/home/20260316835531/en/ Contacts For More Information, Please Contact: Paul Mansky Sr. Director of Investor Relations and Corporate Development Email: [email protected] Phone: 623-300-7052

Benchmark has been on fire lately. In the past six months alone, the company’s stock price has rocketed 41.4%, reaching $57.81 per share. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation. Is now the time to buy Benchmark, or should you be careful about including it in your portfolio? Check out our in-depth research report to see what our analysts have to say, it’s free. Despite the momentum, we're swiping left on Benchmark for now. Here are three reasons you should be careful with BHE and a stock we'd rather own. We at StockStory place the most emphasis on long-term growth, but within business services, a stretched historical view may miss recent innovations or disruptive industry trends. Benchmark’s recent performance marks a sharp pivot from its five-year trend as its revenue has shown annualized declines of 3.2% over the last two years. If you’ve followed StockStory for a while, you know we emphasize free cash flow. Why, you ask? We believe that in the end, cash is king, and you can’t use accounting profits to pay the bills. Benchmark broke even from a free cash flow perspective over the last five years, giving the company limited opportunities to return capital to shareholders. Growth gives us insight into a company’s long-term potential, but how capital-efficient was that growth? Enter ROIC, a metric showing how much operating profit a company generates relative to the money it has raised (debt and equity). Benchmark historically did a mediocre job investing in profitable growth initiatives. Its five-year average ROIC was 7.2%, somewhat low compared to the best business services companies that consistently pump out 25%+. Benchmark isn’t a terrible business, but it doesn’t pass our quality test. After the recent rally, the stock trades at 23× forward P/E (or $57.81 per share). Beauty is in the eye of the beholder, but our analysis shows the upside isn’t great compared to the potential downside. We're fairly confident there are better investments elsewhere. We’d recommend looking at a dominant Aerospace business that has perfected its M&A strategy. Your portfolio can’t afford to be based on yesterday’s story. The risk in a handful of heavily crowded stocks is rising daily. The names generating the next wave of massive growth are right here in our Top 9 Market-Beating Stocks....