Last $21.49 USD
Change Today +0.05 / 0.23%
Volume 413.5K
BHE On Other Exchanges
Symbol
Exchange
New York
Munich
As of 8:04 PM 10/21/14 All times are local (Market data is delayed by at least 15 minutes).

benchmark electronics inc (BHE) Key Developments

Benchmark Electronics Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Third Quarter of 2014 and Capital Expenditures Guidance for the Full Year 2014

Benchmark Electronics Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, sales were $716,868,000 against $607,522,000 a year ago. Income from operations was $27,144,000 against $12,783,000 a year ago. Income before income taxes was $27,438,000 against $12,110,000 a year ago. Net income was $22,150,000 or $0.41 per basic and diluted share against $8,457,000 or $0.16 per basic and diluted share a year ago. Non-GAAP income from operations was $29,051,000 against $21,056,000 a year ago. Non-GAAP net income was $23,393,000 or $0.43 per basic and diluted share against $16,847,000 or $0.31 per basic and diluted share a year ago. The company generated $25 million in cash from operations. Capital expenditures were $15.7 million. For the six months, sales were $1,356,212,000 against $1,149,966,000 a year ago. Income from operations was $49,576,000 against $26,776,000 a year ago. Income before income taxes was $49,935,000 against $26,374,000 a year ago. Net income was $41,275,000 or $0.76 per basic and diluted share against $19,944,000 or $0.36 per diluted share a year ago. Non-GAAP income from operations was $52,021,000 against $35,491,000 a year ago. Non-GAAP net income was $42,638,000 or $0.78 per diluted share against $28,738,000 or $0.52 per diluted share a year ago. For the third quarter 2014, the company expects revenue between $670 million and $700 million. Diluted earnings per share are expected between $0.38 and $0.42 (excluding restructuring charges and integration costs). Expected tax rate for the third quarter is expected to range between 20% and 21%. The company anticipates capital expenditures for the full year of 2014 to range between $45 million to $55 million.

Benchmark Electronics Inc. Presents at 2014 Deutsche Bank Technology Conference, Sep-10-2014

Benchmark Electronics Inc. Presents at 2014 Deutsche Bank Technology Conference, Sep-10-2014 . Venue: The Cosmopolitan of Las Vegas, 3708 Las Vegas Blvd South, Las Vegas, NV 89109, United States. Speakers: Donald F. Adam, Chief Financial Officer and Principal Accounting Officer.

Benchmark Electronics Inc. Presents at Citi 2014 Global Technology Conference, Sep-03-2014 10:15 AM

Benchmark Electronics Inc. Presents at Citi 2014 Global Technology Conference, Sep-03-2014 10:15 AM. Venue: Hilton New York, 1335 Avenue of the Americas, New York, NY 10019, United States.

Benchmark Electronics Inc., Q2 2014 Earnings Call, Jul 24, 2014

Benchmark Electronics Inc., Q2 2014 Earnings Call, Jul 24, 2014

Benchmark Electronics Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014; Provides Earnings Guidance for the Second Quarter of Fiscal 2014 and Capita Expenditure Guidance for the Fiscal Year 2014

Benchmark Electronics Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company announced sales of $639,344,000 compared to $542,444,000 for the same period a year ago. Income from operations was $22,432,000 compared to $13,993,000 for the same period a year ago. Income before income taxes was $22,497,000 compared to $14,264,000 for the same period a year ago. Net income was $19,125,000 compared to $11,487,000 for the same period a year ago. Earnings per share, diluted were $0.35 compared to $0.21 for the same period a year ago. Cash flows provided by operating activities were approximately $61 million. Non-GAAP income from operations was $22,970,000 compared to $14,435,000 for the same period a year ago. Non-GAAP net income was $19,245,000 compared to $11,886,000 for the same period a year ago. Non-GAAP earnings per share, diluted were $0.35 compared to $0.22 for the same period a year ago. Capital expenditures were $14.6 million. The company provided earnings guidance for the second quarter of fiscal 2014. For the quarter, the company expects revenue between $665 million and $700 million and diluted earnings per share between $0.35 and $0.40 (excluding restructuring charges and integration costs). The company expects depreciation and amortization expense to increase to approximately $11.5 million in the second quarter of 2014. The company expected tax rate is 20% to 21% for the second quarter. The company anticipates capital expenditures for the full year of 2014 to range between $40 million to $50 million.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
BHE:US $21.49 USD +0.05

BHE Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Ciena Corp $16.16 USD +0.61
Havas SA €6.28 EUR +0.065
Kimball International Inc $16.48 USD +0.17
OSI Systems Inc $63.61 USD +1.83
Venture Corp Ltd $7.43 SGD -0.03
View Industry Companies
 

Industry Analysis

BHE

Industry Average

Valuation BHE Industry Range
Price/Earnings 8.8x
Price/Sales 0.4x
Price/Book 0.9x
Price/Cash Flow 8.7x
TEV/Sales 0.3x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact BENCHMARK ELECTRONICS INC, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.