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 (BHE) provides essential electronics manufacturing services (EMS) to global technology leaders. This news hub delivers timely updates on corporate developments, operational milestones, and strategic initiatives critical for understanding the company's market position.
Access verified information including quarterly earnings disclosures, product innovation announcements, and supply chain updates. Investors will find comprehensive coverage of leadership changes, facility expansions, and partnership agreements that impact BHE's performance in aerospace, medical technology, and industrial sectors.
Our curated news collection enables efficient tracking of manufacturing capacity changes, quality certifications, and sustainability initiatives. Bookmark this page for direct access to primary source materials and analysis-free reporting on Benchmark Electronics' business trajectory.
Benchmark Electronics (BHE) has been chosen by Dynetics, a subsidiary of Leidos, to manufacture electronic components for the U.S. Army's Enduring Shield system, aimed at defending against aerial threats. The production will take place at Benchmark's facility in Huntsville, Alabama, which is strategically located near key military projects. Dynetics praises Benchmark's experience in defense manufacturing, emphasizing the company's reliability and cost-competitive processes. This partnership highlights Benchmark's commitment to supporting advanced military technologies.
Benchmark Electronics has declared a first quarter 2022 cash dividend of $0.165 per share. This dividend will be payable on April 14, 2022, to shareholders on record as of the close of business on March 31, 2022. Benchmark, which operates globally, provides manufacturing and engineering design services across diverse industries, including aerospace and defense.
On March 2, 2022, Benchmark Electronics (NYSE: BHE) announced a significant investment in photonics capabilities at its RF and Photonics Center in Phoenix, Arizona. This enhancement includes new photonics packaging and testing technologies aimed at advancing applications in high-speed communications, computing, and sensors. The investment aims to strengthen Benchmark's competitive position in the photonics market. The company will showcase its capabilities at the Optical Fiber Communication Conference from March 8-10, 2022.
Benchmark Electronics (NYSE: BHE) reported strong financial results for Q4 and the full year 2021, with revenue reaching $633 million, a 21% increase year-over-year. Net income rose to $12 million, translating to a diluted EPS of $0.35. For the year, total sales were $2.255 billion, a 10% growth from 2020, driven by significant gains in the Semi-Cap, Computing, and Industrials sectors. Looking ahead, the company anticipates revenue of $565-$605 million for Q1 2022 and expects continued earnings growth supported by strong demand across its portfolio.
Benchmark Electronics (NYSE: BHE) will release its fourth quarter and full year 2021 results on February 3, 2022, after market close. A conference call is scheduled for the same day at 5:00 p.m. Eastern Time to discuss the results. Interested parties can access the live webcast on the company's website, with a replay available until February 10, 2022. Benchmark Electronics provides innovative solutions across various industries, including aerospace and medical sectors, and operates globally.
Titan Medical Inc. (TMDI) has signed a manufacturing and supply agreement with Benchmark Electronics (BHE) for the production of its Enos™ robotic surgical system workstations and patient carts. The partnership aims to support human studies planned for 2023, which are essential for the company's FDA De Novo application for marketing clearance. Benchmark's expertise in complex medical device manufacturing and engineering is expected to enhance the quality and scalability of Titan's production capabilities, reinforcing Titan's position in robotic surgery innovation.
Benchmark Electronics (NYSE: BHE) declared a quarterly dividend of $0.165 per share, payable on January 13, 2022. Shareholders of record will be those holding shares at the market close on December 30, 2021. This dividend underscores the company's commitment to returning value to its shareholders. With operations across seven countries, Benchmark specializes in various sectors, including defense, medical, and telecommunications, providing comprehensive solutions throughout the product life cycle.
Benchmark Electronics (BHE) reported strong Q3 2021 financial results with $572 million in sales, up 5% sequentially and 9% year-over-year. Net income rose to $8 million with a diluted EPS of $0.23. Non-GAAP gross margins improved to 9.4%, and operating margins increased to 3.3% non-GAAP. The company anticipates double-digit year-over-year growth in Q4, with revenues projected between $560 million and $610 million.
Benchmark Electronics (NYSE: BHE) is set to announce its third quarter 2021 results on October 27, 2021, after market close. A conference call will follow at 5:00 p.m. Eastern Time to discuss the results. Investors can access the live webcast and materials through the company's website, with a replay available until November 3, 2021. The company specializes in comprehensive solutions across various industries, including aerospace and medical, showcasing its global operations in seven countries.
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