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

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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