Benchmark Electronics Inc. (BHE) reported third-quarter net income of $16 million or $0.25 per share compared to $24 million or $0.35 per share last year.
Excluding restructuring charges and a discrete tax benefit related to a previously closed facility, the company would have reported net income of $17 million or $0.27 per share compared to $20 million or $0.31 per share prior year. On average, 7 analysts polled by Thomson Reuters expected the company to report profit of $0.20 per share for the quarter. Analysts' estimates typically exclude special items.
Sales were $510 million compared to $642 million prior year. Analysts expected revenue of $493.55 million for the quarter.
The company expects fourth-quarter sales to be in the range of $520 million-$560 million. Earnings per share, excluding restructuring charges, are expected to be in the range of $0.22-$0.26.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.