Benchmark Electronics Inc (BHE) reported a profit for third quarter that decreased from the same period last year but beat the Street estimates.
The company's bottom line came in at $15.37 million, or $0.42 per share. This compares with $20.41 million, or $0.57 per share, in last year's third quarter.
Excluding items, Benchmark Electronics Inc reported adjusted earnings of $20.71 million or $0.57 per share for the period.
Analysts on average had expected the company to earn $0.54 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 8.6% to $657.75 million from $719.70 million last year.
Benchmark Electronics Inc earnings at a glance (GAAP) :
-Earnings (Q3): $15.37 Mln. vs. $20.41 Mln. last year.-EPS (Q3): $0.42 vs. $0.57 last year.-Revenue (Q3): $657.75 Mln vs. $719.70 Mln last year.
-Guidance:Next quarter EPS guidance: $0.53 - $0.59Next quarter revenue guidance: $640 - $680 Mln
For comments and feedback contact: editorial@rttnews.com
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.