Benchmark Electrs Inc Stock Price, News & Analysis

Benchmark Electronics (NYSE:BHE) announced a planned CEO succession, with current President and CEO Jeff Benck set to retire on March 31, 2026. The company has named David Moezidis, currently Executive Vice President and Chief Commercial Officer, as the successor.

Under Benck's leadership since 2019, Benchmark has undergone significant strategic transformation, including enhanced engineering capabilities and advanced manufacturing practices. Moezidis, who brings over 35 years of industry experience, will transition immediately to President and Chief Commercial Officer before assuming the CEO role. Benck will remain as an advisor until March 31, 2027, to ensure a smooth transition.

Benchmark Electronics (NYSE:BHE) has successfully delivered 24 Mobile Vehicle Surveillance Systems with Radar (MVSS-R) to U.S. Customs and Border Protection (CBP) and the Federal Aviation Administration (FAA). The project was completed on time and within budget.

The MVSS-R platform integrates AI-powered sensor fusion and advanced radar technology for enhanced situational awareness. The system combines radar, AI-based video analytics, and electro-optical/infrared sensor systems. Developed by Benchmark Secure Technology, the units were designed and assembled in the United States, leveraging technology from partners including SRC, Inc., PureTech Systems, and Advanced EO Systems.

The system is available through GSA Advantage and can be adapted for other U.S. Government agencies' surveillance needs.

Benchmark Electronics (NYSE:BHE) has appointed Charles "Chuck" Swoboda to its Board of Directors. Swoboda, the former Chairman and CEO of Cree, Inc., brings over 30 years of technology, innovation, and manufacturing experience. During his tenure at Cree, he transformed the company from a $177 million R&D business into a $1.6 billion global semiconductor and LED lighting leader.

Under his leadership at Cree, Swoboda fostered innovation, launched thousands of products, and helped secure over 5,000 patents, including 24 as a co-inventor. He currently serves on Ryder System's board and has held positions at various technology companies. Swoboda is also an author and serves as Innovator-in-Residence at Marquette University.

Benchmark Electronics (NYSE:BHE) reported Q2 2025 financial results with revenue of $642 million, showing sequential growth across most sectors. The company achieved GAAP operating income of $20 million and non-GAAP operating income of $30 million, resulting in GAAP EPS of $0.03 and non-GAAP EPS of $0.55.

Sector performance showed strength in Aerospace & Defense and recovery in Industrial and Medical sectors. Semi-Cap remained the largest segment at 30% of revenue. The company improved its cash conversion cycle to 85 days and provided Q3 2025 guidance of $635-685 million in revenue with non-GAAP EPS of $0.56-$0.62.

Benchmark Electronics (NYSE:BHE) has announced its successful completion of manufacturing and testing for Intel's Aurora exascale supercomputer at Argonne National Laboratory. The company was selected for its expertise in building liquid-cooled, high-performance computing subsystems and test development capabilities.

Aurora, capable of performing one quintillion calculations per second, will serve the U.S. scientific community and Department of Energy. The supercomputer represents a significant advancement in the nation's computing capabilities, following predecessors Intrepid, Mira, Theta, and Polaris. All of Benchmark's work for the project was completed within the United States, including manufacturing system blades and developing tests for liquid-cooled components.

Benchmark Electronics (NYSE:BHE) has scheduled its second quarter fiscal year 2025 earnings release and conference call for Wednesday, July 30, 2025. The company will release its financial results after market close, followed by a conference call at 5:00 p.m. Eastern Time.

Investors can access the live audio webcast and supporting materials through the company's investor relations website at ir.bench.com or via the provided webcast link. A replay will be available on the company's website following the call. Participants can join via phone using the toll-free number 800-549-8228 with conference ID 97813.

Benchmark Electronics (NYSE: BHE) has inaugurated a new 321,000-square-foot manufacturing facility in Guadalajara, Mexico, expanding its regional footprint by 50%. The state-of-the-art facility, located in Parque Industrial San Jorge in Tlajomulco, consolidates operations to serve medical, industrial, advanced computing, and next-gen communications sectors. The purpose-built facility features optimized layout and robust IT infrastructure to enhance production efficiency and collaboration. Under CEO Jeff Benck's leadership, this expansion represents a strategic investment in Mexico, aimed at scaling operations for new and existing customers. The facility emphasizes community engagement through job creation and educational partnerships with local universities and technical schools, positioning Benchmark for growth in high-tech manufacturing while supporting their mission of innovation for a healthier, safer, and better-connected world.

Benchmark Electronics (NYSE: BHE) has appointed Glynis A. Bryan to its Board of Directors. Bryan brings extensive financial and operational expertise from her recent role as Chief Financial Officer of Insight Enterprises (2007-2024). Her background includes senior financial leadership positions at Swift Transportation, APL Logistics, and Ryder System. Bryan currently serves on the boards of Ameriprise Financial, Pinnacle West Capital Corporation, and WESCO International. Her 20+ years of CFO experience, particularly in financial planning, M&A, and strategic growth initiatives, will contribute to Benchmark's board governance and strategic decision-making.

Benchmark Electronics (NYSE: BHE) has declared a quarterly cash dividend of $0.17 per share for the second quarter of 2025. The dividend will be paid on July 11, 2025, to shareholders who are registered as of the close of business on June 30, 2025. This dividend announcement demonstrates the company's commitment to returning value to shareholders through regular cash distributions.