Benchmark Electronics Reports Q4 Earnings, Forecasts Q1 Results
TEMPE, Ariz. - Benchmark Electronics Inc. (BHE) announced fourth-quarter earnings of $18.4 million, translating to earnings per share of $0.50. Adjusted for non-recurring items, earnings amounted to $0.61 per share. The electronics manufacturing company generated $656.9 million in revenue during the quarter.
For the full year, Benchmark reported a net income of $63.3 million, or $1.72 per share, with revenue of $2.66 billion.
Looking ahead to the current quarter ending in March, Benchmark projects per-share earnings within a range of $0.48 to $0.54. Revenue is anticipated between $620 million and $660 million for fiscal Q1.
Benchmark shares have exhibited a decline of approximately 4% since年初. At the close of trading on Wednesday, the stock had risen 63% over the past year, reaching $43.64 per share.