BENCHMARK ELECTRONICS


Associated tags: Telecommunications, BHE, Electronics, NYSE, Benchmark Electronics, Benchmark

Locations: AMERICAS, EUROPE, NETHERLANDS, ARIZONA, BENCHMARK, ALMELO, ASIA, UNITED STATES, MEXICO

BENCHMARK REPORTS FIRST QUARTER 2024 RESULTS

Retrieved on: 
Wednesday, May 1, 2024

Non-GAAP earnings per share guidance excludes restructuring charges and other costs, amortization of intangible assets and, beginning in the quarter ended March 31, 2024, stock-based compensation expense.

Key Points: 
  • Non-GAAP earnings per share guidance excludes restructuring charges and other costs, amortization of intangible assets and, beginning in the quarter ended March 31, 2024, stock-based compensation expense.
  • In the second quarter of 2024, restructuring charges are expected to be approximately $2.0 million, stock-based compensation expense is expected to be $4.4 million and the amortization of intangible assets is expected to be $1.2 million.
  • 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 .

BENCHMARK ELECTRONICS TO REPORT FIRST QUARTER 2024 RESULTS

Retrieved on: 
Thursday, April 25, 2024

TEMPE, Ariz., April 25, 2024 /PRNewswire/ -- Benchmark Electronics, Inc. (NYSE: BHE) will announce first quarter 2024 results on Wednesday, May 1, 2024 after the market close.

Key Points: 
  • TEMPE, Ariz., April 25, 2024 /PRNewswire/ -- Benchmark Electronics, Inc. (NYSE: BHE) will announce first quarter 2024 results on Wednesday, May 1, 2024 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 for a period of 12 months.

BENCHMARK ELECTRONICS ANNOUNCES DEPARTURE OF CHIEF FINANCIAL OFFICER REITERATES FIRST QUARTER FISCAL 2024 GUIDANCE

Retrieved on: 
Tuesday, March 19, 2024

TEMPE, Ariz., March 19, 2024 /PRNewswire/ -- Benchmark Electronics, Inc. (NYSE: BHE) today announced Roop K. Lakkaraju, Executive Vice President and Chief Financial Officer (CFO) intends to resign from his position to pursue another professional opportunity outside of Benchmark.

Key Points: 
  • TEMPE, Ariz., March 19, 2024 /PRNewswire/ -- Benchmark Electronics, Inc. (NYSE: BHE) today announced Roop K. Lakkaraju, Executive Vice President and Chief Financial Officer (CFO) intends to resign from his position to pursue another professional opportunity outside of Benchmark.
  • Effective April 1, 2024, Arvind Kamal, Benchmark's current Vice President of Finance, will assume the role of interim CFO.
  • Over the coming months, the company intends to conduct a formal search process to identify Benchmark's next chief financial officer.
  • Along with this announcement, Benchmark reiterates its prior expectations for the March 2024 fiscal quarter including revenue within a range of $625-$665M and non-GAAP EPS of between $0.42 and $0.48 per share.

BENCHMARK ELECTRONICS ANNOUNCES QUARTERLY CASH DIVIDEND

Retrieved on: 
Monday, March 11, 2024

TEMPE, Ariz., March 11, 2024 /PRNewswire/ -- Benchmark Electronics, Inc. (NYSE: BHE) today announced that its Board of Directors declared a quarterly dividend of $0.165 per share, payable on April 12, 2024, to shareholders of record at the close of business on March 29, 2024.

Key Points: 

TEMPE, Ariz., March 11, 2024 /PRNewswire/ -- Benchmark Electronics, Inc. (NYSE: BHE) today announced that its Board of Directors declared a quarterly dividend of $0.165 per share, payable on April 12, 2024, to shareholders of record at the close of business on March 29, 2024.

Benchmark Releases Its Third Annual Sustainability Report

Retrieved on: 
Tuesday, February 27, 2024

TEMPE, Ariz., Feb. 27, 2024 /PRNewswire/ -- Benchmark Electronics, Inc. (NYSE: BHE), a global provider of engineering, design, and manufacturing services, today released its 2023 Sustainability Report. The report can be found on the company's website and keeps track of Benchmark's continued progress on environmental, social and governance (ESG) initiatives, including specific achievements across the company's global network.

Key Points: 
  • The 2023 Report Highlights Benchmark's Momentous Efforts and Continued Commitment to High-Quality Disclosures of its Environmental, Social, and Governance (ESG) Activities
    TEMPE, Ariz., Feb. 27, 2024 /PRNewswire/ -- Benchmark Electronics , Inc. (NYSE: BHE), a global provider of engineering, design, and manufacturing services, today released its 2023 Sustainability Report.
  • "I am pleased to release Benchmark's third annual Sustainability Report, sharing our company's latest efforts and results on this important strategic imperative," Jeff Benck, president and CEO, Benchmark.
  • In 2023, Benchmark conducted its third annual employee survey, achieving 86% participation in the survey, up from 82% in 2022 and 77% in 2021.
  • "As a leading design and manufacturing service provider to OEMs across the world, Benchmark has a responsibility to our stakeholders, employees, customers, and communities to be a corporate leader in sustainability and DEI pursuits," said Bill Olson, Global Director of Sustainability, Benchmark.

BENCHMARK REPORTS FOURTH QUARTER AND FISCAL YEAR 2023 RESULTS

Retrieved on: 
Wednesday, January 31, 2024

TEMPE, Ariz., Jan. 31, 2024 /PRNewswire/ -- Benchmark Electronics, Inc. (NYSE: BHE) today announced financial results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • Restructuring charges are expected to range between $3.1 million and $3.5 million in the first quarter of 2024 and the amortization of intangibles is expected to be $1.2 million in the first quarter.
  • 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.

BENCHMARK ELECTRONICS TO REPORT FOURTH QUARTER 2023 RESULTS

Retrieved on: 
Wednesday, January 17, 2024

TEMPE, Ariz., Jan. 17, 2024 /PRNewswire/ -- Benchmark Electronics, Inc. (NYSE: BHE) will announce fourth quarter 2023 results on Wednesday, January 31, 2024 after the market close.

Key Points: 
  • TEMPE, Ariz., Jan. 17, 2024 /PRNewswire/ -- Benchmark Electronics, Inc. (NYSE: BHE) will announce fourth quarter 2023 results on Wednesday, January 31, 2024 after the market close.
  • The Company will host a conference call to discuss these results at 5:00 p.m. Eastern Time that day.
  • 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 for a period of 12 months.

BENCHMARK ELECTRONICS ANNOUNCES QUARTERLY CASH DIVIDEND

Retrieved on: 
Wednesday, December 13, 2023

TEMPE, Ariz., Dec. 13, 2023 /PRNewswire/ -- Benchmark Electronics, Inc. (NYSE: BHE) today announced that its Board of Directors declared a quarterly dividend of $0.165 per share, payable on January 12, 2024, to shareholders of record at the close of business on December 29, 2023.

Key Points: 

TEMPE, Ariz., Dec. 13, 2023 /PRNewswire/ -- Benchmark Electronics, Inc. (NYSE: BHE) today announced that its Board of Directors declared a quarterly dividend of $0.165 per share, payable on January 12, 2024, to shareholders of record at the close of business on December 29, 2023.

BENCHMARK REPORTS THIRD QUARTER 2023 RESULTS

Retrieved on: 
Wednesday, October 25, 2023

TEMPE, Ariz., Oct. 25, 2023 /PRNewswire/ -- Benchmark Electronics, Inc. (NYSE: BHE) today announced financial results for the third quarter ended September 30, 2023.

Key Points: 
  • Revenue decreased quarter over quarter and year over year primarily due to a decrease in Advanced Computing of 19% and 30%, respectively, due to completion of a high performance compute program, partially offset by an increase in A&D of 24% and 16%, respectively.
  • Restructuring charges are expected to range between $0.8 million and $1.2 million in the fourth quarter and the amortization of intangibles is expected to be $1.2 million in the fourth quarter.
  • 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 .

BENCHMARK ELECTRONICS TO REPORT THIRD QUARTER 2023 RESULTS

Retrieved on: 
Wednesday, October 18, 2023

TEMPE, Ariz., Oct. 18, 2023 /PRNewswire/ -- Benchmark Electronics, Inc. (NYSE: BHE) will announce third quarter 2023 results on Wednesday, October 25, 2023 after the market close.

Key Points: 
  • TEMPE, Ariz., Oct. 18, 2023 /PRNewswire/ -- Benchmark Electronics, Inc. (NYSE: BHE) will announce third quarter 2023 results on Wednesday, October 25, 2023 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 for a period of 12 months.