Benchmark Electronics(BHE) - 2025 Q2 - Earnings Call Presentation

Second Quarter 2025 Financial Performance - Revenue reached $642 million[9] - Non-GAAP gross margin was 10.2%[9] - Non-GAAP operating margin was 4.7%[9] - Non-GAAP EPS was $0.55[9] Sector Performance (Q/Q Growth) - Semi-Cap sector sales were $190 million, up 17%[18] - AC&C sector sales were $126 million, up 30%[18] - Industrial sector sales were $74 million, up 20%[18] - Medical sector sales were $110 million, down 2.4%[18] - Aerospace & Defense sector sales were $142 million, up 3.6%[18] Balance Sheet and Cash Flow - Cash balance was $265 million[24] - Senior Secured Term Loan was $150 million[24] - Revolver drawn amount was $60 million[24] - Available Revolver borrowing capacity was $486 million[24] - Leverage ratio was 0.3x[24] - Repatriated $151.6 million, using $95 million to pay down the revolver[26] Third Quarter 2025 Guidance - Revenue is expected to be between $635 million and $685 million[28] - Non-GAAP gross margin is expected to be between 10.2% and 10.4%[28] - Non-GAAP diluted EPS is expected to be between $0.56 and $0.62[28]