Welcome to our dedicated page for Benchmark Electrs news (Ticker: BHE), a resource for investors and traders seeking the latest updates and insights on Benchmark Electrs stock.
Benchmark Electronics Inc (BHE) provides essential electronics manufacturing services (EMS) to global technology leaders. This news hub delivers timely updates on corporate developments, operational milestones, and strategic initiatives critical for understanding the company's market position.
Access verified information including quarterly earnings disclosures, product innovation announcements, and supply chain updates. Investors will find comprehensive coverage of leadership changes, facility expansions, and partnership agreements that impact BHE's performance in aerospace, medical technology, and industrial sectors.
Our curated news collection enables efficient tracking of manufacturing capacity changes, quality certifications, and sustainability initiatives. Bookmark this page for direct access to primary source materials and analysis-free reporting on Benchmark Electronics' business trajectory.
Benchmark Electronics (NYSE: BHE) reported solid Q2 2024 results with revenue of $666 million and GAAP earnings per share of $0.43. The company generated $56 million in operating cash flow and $47 million in free cash flow. Gross margin stood at 10.2%, while GAAP and non-GAAP operating margins were 4.1% and 5.1%, respectively. The Board of Directors increased the quarterly dividend from $0.165 to $0.17 per share. Despite market uncertainties, Benchmark remains focused on executing for customers, protecting margins, reducing inventories, and delivering positive free cash flow, which is now expected to exceed $120 million in FY 2024. The company provided Q3 2024 guidance with revenue between $630-$670 million and diluted GAAP EPS between $0.36-$0.42.
Benchmark Electronics (NYSE: BHE) has announced it will release its second quarter 2024 financial results on Tuesday, July 30, 2024, after the market closes. The company will host a conference call and live audio webcast on the same day at 5:00 p.m. Eastern Time to discuss the results.
Investors and analysts can access the call via a toll-free dial-in number (800-791-4799) using the conference ID 61229. A live webcast of the call, along with supporting materials, will be available on the Benchmark Investor Relations website. Pre-registration for the webcast is recommended.
Following the call, a webcast replay will be accessible on the company's website for 12 months, providing an opportunity for those unable to attend the live event to review the discussion and results.
Benchmark Electronics (NYSE: BHE) has declared a second quarter 2024 cash dividend of $0.165 per share.
This dividend will be payable on July 12, 2024, to shareholders of record as of June 28, 2024. The announcement was made on June 10, 2024, by the company's Board of Directors.
Benchmark Electronics, Inc. reported strong financial results for the first quarter of 2024, with revenue of $676 million, positive free cash flow, and earnings per share of $0.38. The company's focus on operational efficiency and strategic investments led to year-over-year improvements in gross and operating margins. Despite revenue decreases in certain sectors, the company remains committed to delivering long-term value to customers and shareholders.
