Benchmark Electronics Inc Reveals Retreat In Q1 Income

Benchmark Electronics Inc (BHE) reported earnings for first quarter that decreased from the same period last year

The company's bottom line came in at $3.64 million, or $0.10 per share. This compares with $14.00 million, or $0.38 per share, last year.

Excluding items, Benchmark Electronics Inc reported adjusted earnings of $19.22 million or $0.52 per share for the period.

The company's revenue for the period fell 6.5% to $631.76 million from $675.58 million last year.

Benchmark Electronics Inc earnings at a glance (GAAP) :

-Earnings: $3.64 Mln. vs. $14.00 Mln. last year.
-EPS: $0.10 vs. $0.38 last year.
-Revenue: $631.76 Mln vs. $675.58 Mln last year.

-Guidance:
Next quarter EPS guidance: $0.52 - $0.58
Next quarter revenue guidance: $615 - $665 Mln

by RTTNews Staff Writer

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