Welcome to our dedicated page for Benchmark Electrs news (Ticker: BHE), a resource for investors and traders seeking the latest updates and insights on Benchmark Electrs stock.
Benchmark Electronics, Inc. reports developments for a global engineering, design, and manufacturing services company serving advanced computing and communications, aerospace and defense, industrial, medical, and semiconductor capital equipment markets. News for BHE commonly covers quarterly and annual results, revenue outlook, margin and cash-flow commentary, customer programs, U.S.-based manufacturing partnerships, technology leadership, and quarterly cash dividends. The company describes solutions across the product lifecycle, combining engineering services, supply-chain capabilities, and manufacturing operations in facilities across seven countries.
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Benchmark Electronics will announce its first quarter 2023 results on May 3, 2023, after market closure. A conference call will follow at 5:00 p.m. Eastern Time to discuss the results. Interested parties can access the live webcast and supporting materials on the Benchmark Investor Relations website. A replay of the call will also be available.
Benchmark Electronics, trading under the symbol BHE on the New York Stock Exchange, provides comprehensive solutions across various industries, including commercial aerospace, defense, and medical. The company operates in eight countries, focusing on innovative technology and engineering design services.
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Benchmark Electronics (NYSE: BHE) announced a quarterly cash dividend of $0.165 per share on March 13, 2023. This dividend will be payable on April 13, 2023 to shareholders of record as of March 31, 2023. Benchmark operates in various sectors, including commercial aerospace, defense, and medical equipment, and emphasizes innovative technology and engineering design services.
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Benchmark Electronics reported fourth quarter 2022 revenue of $751 million, up 19% year-over-year. GAAP operating income rose 45%, leading to a GAAP diluted EPS of $0.60, reflecting a 71% increase compared to the previous year. For the full year, revenue reached $2,886 million, a 28% increase, with notable growth in Advanced Computing and Next Gen Communications at 45%. The company reported a GAAP diluted EPS of $1.91 for 2022, up 93%. Looking ahead, Q1 2023 guidance estimates revenue between $640 and $680 million with EPS projections of $0.35 to $0.40.