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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.
Benchmark Electronics (NYSE: BHE) will host an Investor and Analyst Day on November 8, 2022, from 9:00 to 12:30 ET at the New York Stock Exchange. Key executives, including Jeff Benck and Roop K. Lakkaraju, will discuss the company's market opportunities, strategies, priorities, and financial goals. A live webcast will be available on Benchmark's Investor Relations website, with a replay and additional materials provided afterward. Benchmark operates globally across various sectors including aerospace and defense.
Benchmark Electronics, Inc. (BHE) has declared a third quarter 2022 cash dividend of $0.165 per share. This dividend is scheduled for payment on October 14, 2022, to shareholders of record as of September 30, 2022. Benchmark continues to provide innovative technology and engineering design services across various industries, including defense and medical sectors. The company operates globally and is committed to delivering comprehensive solutions to enhance shareholder value.
Benchmark Electronics (BHE) reported Q2 2022 revenue of $728 million, a 34% year-over-year increase. Key revenue growth sectors included Computing (+73%), Industrials (+59%), and Medical (+53%). GAAP operating income surged 110% to $22 million, while GAAP diluted EPS rose 145% to $0.49. The company anticipates Q3 2022 revenue between $715 - $755 million and diluted GAAP EPS between $0.41 - $0.46, factoring in ongoing supply chain challenges.
Benchmark Electronics (NYSE: BHE) will release its Q2 2022 results on August 3, 2022, after market close. A conference call to discuss the results is scheduled for 5:00 p.m. ET on the same day. Investors can access the live webcast and reference materials through the company’s website, www.bench.com. Benchmark provides comprehensive product lifecycle solutions across various industries, including aerospace, defense, and healthcare, with operations in seven countries.
Benchmark Electronics has declared a quarterly cash dividend of $0.165 per share for the second quarter of 2022. This dividend will be payable on July 14, 2022, to shareholders on record as of the close of business on June 30, 2022. This announcement reflects the company's commitment to returning value to its shareholders and indicates financial stability within its operations.
Benchmark Electronics (BHE) will showcase its high-performance RF/microwave filters at the IMS2022 Exhibition in Denver from June 21-23, 2022. The company, through its division Benchmark Lark Technology, is catering to sectors like aerospace, telecommunications, and space, highlighting filter designs that operate from 10 MHz to 40 GHz and beyond. Innovations include mmW-FH and mmW-STL Series bandpass filters, which focus on reducing size, weight, power, and cost. These advanced solutions are tailored for applications in 5G, automotive radar, and satellite communications.
Benchmark Electronics (BHE) reported strong Q1 2022 results with $636 million in revenue, reflecting a 26% year-over-year growth. Earnings per share (EPS) also improved, with a GAAP diluted EPS of $0.31 and non-GAAP diluted EPS of $0.44, up 41% and 110% year-over-year, respectively. While supply constraints persist, the company anticipates double-digit growth for the year, supported by proactive inventory management. The guidance for Q2 2022 projects revenue between $615 and $655 million and EPS between $0.33 and $0.39.
Benchmark Electronics, based in Tempe, Arizona, will release its first quarter 2022 results on April 26, 2022, after market close. A conference call to discuss these results is scheduled for 5:00 p.m. Eastern Time on the same day. Investors can access a live webcast of the call and related materials on the Company's website at www.bench.com. Following the call, a replay will also be available. Benchmark Electronics operates globally, providing manufacturing services across multiple sectors including aerospace, defense, and telecommunications.
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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.