Benchmark Electronics Reports Second Quarter Results

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Needham & Company Reiterates Buy on Benchmark Electronics (BHE) Following 2Q Earnings Report

July 22, 2016 7:42 AM EDT

Needham & Company reiterated a Buy rating on Benchmark Electronics (NYSE: BHE), and raised the price target to $26.00 (from $23.00), following the company's 2Q earnings report. BHE reported 2Q revenue of $579M compared to the consensus estimate of $583M. EPS of $0.31 was $0.01 lower than consensus.... More

Benchmark Electronics (BHE) Misses Q2 EPS by 1c; Q3 EPS Guided In-Line

July 21, 2016 7:09 AM EDT

Benchmark Electronics (NYSE: BHE) reported Q2 EPS of $0.31, $0.01 worse than the analyst estimate of $0.32. Revenue for the quarter came in at $579 million versus the consensus estimate of $582.89 million.

"Second quarter revenues were $579 million, with non-GAAP EPS of $0.31," said Gayla Delly, Benchmark's President and CEO. "Our year-over-year revenue from higher-value markets... More