Benchmark posts record FY2022 revenue $2.886B, GAAP EPS $1.91, up 93% YoY

BENCHMARK ELECTRONICS INC

2022-FY EPS reported $1.91 revenue$2,886,331,000

Full-year revenue $2,886M, up 28% YoY; GAAP net income $68M, diluted EPS $1.91.
Q4 revenue $751M, up 19% YoY; GAAP diluted EPS $0.60, up 71% YoY.
Advanced Computing & Next Gen Comms combined growth 45%; Industrials 39%; Medical 28%; Semi-Cap 31%.
Cash conversion cycle widened to 96 days from 69 a year ago, driven by higher inventory.
Q1 2023 guidance: revenue $640-680M; non-GAAP diluted EPS $0.39-$0.45.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

BENCHMARK ELECTRONICS INC reported first quarter 2023 results: revenue $640 - $680 million, EPS $0.35 - $0.40 (GAAP) and $0.39 - $0.45 (non-GAAP). Guidance initiated.

Period: first quarter 2023
Revenue: $640 - $680 million
EPS: $0.35 - $0.40 (GAAP) and $0.39 - $0.45 (non-GAAP)
Guidance: initiated
Result: guidance update

Exact text from the filing

First Quarter 2023 Guidance • Revenue between $640 - $680 million • Diluted GAAP earnings per share between $0.35 - $0.40 • Diluted non-GAAP earnings per share between $0.39 - $0.45

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

BENCHMARK ELECTRONICS INC reported the year ended December 31, 2022 results: revenue $2,886 million, net income $68, EPS $1.91.

Period: the year ended December 31, 2022
Revenue: $2,886 million
Net income: $68
EPS: $1.91
Result: reported results

Exact text from the filing

Full year 2022 results: • Revenue of $2,886 million; 28% year-over-year growth

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

BENCHMARK ELECTRONICS INC reported the quarter ended December 31, 2022 results: revenue $751 million, net income $21, EPS $0.60.

Period: the quarter ended December 31, 2022
Revenue: $751 million
Net income: $21
EPS: $0.60
Result: reported results

Exact text from the filing

Revenue of $751 million, up 19% year-over-year • GAAP operating income up 45% year-over-year • Non-GAAP operating income up 34% year-over-year • GAAP diluted EPS of $0.60, up 71% year-over-year • Non-GAAP diluted EPS of $0.60, up 25% year-over-year

View on SEC.gov

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Source: SEC EDGAR

accession 0000950170-23-001611

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