New Facility Will Enable Further Vertical Integration when Coupled with Existing Benchmark Facilities in Penang, Adding Critical Capacity and Capabilities TEMPE, Ariz., Sept. 12, 2024 /PRNewswire/ -- Benchmark Electronics, Inc. (NYSE: BHE), a global provider of engineering, design, and manufacturing services, today celebrated the grand opening of a new facility in Penang, Malaysia. This will be Benchmark's fourth facility in the region and will become a critical addition to existing facilities, allowing for ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | |-------------------------------------------------------------------------------------------------|-----------------------| | For the transition period from _________________ | ...

Benchmark Electronics, Inc. BHE reported better-than-expected second-quarter earnings on Tuesday. Benchmark Electronics reported quarterly earnings of 57 cents per share which beat the analyst consensus estimate of 51 cents per share. The company reported quarterly sales of $666.00 million which beat the analyst consensus estimate of $635.75 million. "Once again Benchmark delivered solid results, demonstrating consistent progress toward achieving our longerterm operational objectives," said Jeff Benck, Benc ...

Benchmark Electronics, Inc. (NYSE:BHE) Q2 2024 Earnings Conference Call July 30, 2024 5:00 PM ET Company Participants Paul Mansky - Head of Investor Relations Jeff Benck - President and Chief Executive Officer Arvind Kamal - Interim Chief Financial Officer Conference Call Participants Steven Fox - Fox Advisors Melissa Fairbanks - Raymond James Jaeson Schmidt - Lake Street Chris Grenga - Needham and Company Anja Soderstrom - Sidoti Operator Good day, everyone, and welcome to today’s Benchmark Second Quarter ...

Benchmark | 1 Benchmark Electronics Second Quarter 2024 Financial Results July 30, 2024 Benchmark. Forward-Looking 2024 Statements | 2 This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are identified as any statement that does not relate strictly to historical or current facts and may include words such as "anticipate," "believe," "i ...

Second quarter 2024 results(1): "Once again Benchmark delivered solid results, demonstrating consistent progress toward achieving our longerterm operational objectives," said Jeff Benck, Benchmark's President and CEO. Second Quarter 2024 Industry Sector Update Revenue decreased quarter over quarter primarily due to decreases in Medical and Advanced Computing and Communications (AC&C) sales, which were partially offset by an increase in Semi-Cap sales. Revenue decreased year-over-year primarily due to decrea ...

The expansion of Brasov is part of a broader Benchmark strategy to increase manufacturing capacity around the world by leveraging its current facilities and leadership as more customers look to diversify their manufacturing strategy and have products built closer to end-market consumption. The new space not only provides new manufacturing space, but also improves system integration and workflow on the floor. TEMPE, Ariz., July 25, 2024 /PRNewswire/ -- Benchmark Electronics, Inc. (NYSE: BHE), a global provid ...

Small-cap stocks are hurt more by high interest rates than their larger peers. Without the same access to capital, they are forced to borrow money at higher rates. The Federal Reserve's higher-for-longer policies have weighed heavily on the Russell 2000 small-cap index. It is up only 11% over the past year compared to a 25% gain by the S&P 500. However, that dip could be highlighting a buying opportunity among Russell 2000 stocks for long-term growth. Not all small-cap stocks are impacted the same. Some enj ...

We recognize manufacturing services revenue as the customer takes control of the manufactured products built to customer specifications. We also generate revenue from our design, development and engineering services, in addition to the sale of other inventory. 22 Sales for the three months ended March 31, 2024 were $675.6 million, a 3% decrease from sales of $694.7 million during the three months ended March 31, 2023. During the first quarter of 2024, sales to customers in our various industry sectors varie ...

Benchmark Electronics, Inc. (NYSE:BHE) Q1 2024 Earnings Conference Call May 1, 2024 5:00 PM ET Corporate Participants Paul Mansky - Investor Relations Jeff Benck - President and Chief Executive Officer Arvind Kamal - Interim Chief Financial Officer Conference Call Participants Steven Fox - Fox Advisors Anja Soderstrom - Sidoti Chris Grenga - Needham & Company Operator Hello, and welcome to the Benchmark Electronics to Report First Quarter 2024 Results Conference. At this time, all parties are in a listen-on ...