Benchmark Q1 revenue $695M (+9% YoY); GAAP EPS $0.35; guides Q2 rev $670-710M

BENCHMARK ELECTRONICS INC

2023-Q3 EPS reported $0.35 revenue$694,695,000

Revenue $695M (+9% YoY); GAAP op income $23M (+48%); GAAP EPS $0.35; non-GAAP EPS $0.42.
Advanced Computing +74%, Medical +17%, NextGen Communications +45% drove growth; Semi-Cap declined 19%.
Q2 guidance: rev $670-710M, GAAP EPS $0.35-0.41, non-GAAP EPS $0.43-0.49.
Cash conversion cycle 109 days, up from 82 a year ago, on higher inventory days (111 vs 95).

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 the first quarter ended March 31, 2023 results: revenue $695 million, net income $12 million, EPS $0.35.

Period: the first quarter ended March 31, 2023
Revenue: $695 million
Net income: $12 million
EPS: $0.35
Result: reported results

Exact text from the filing

in such a filing. --- EX-99 (EX-99.1) --- EX-99 Exhibit 99.1 FOR IMMEDIATE RELEASE BENCHMARK REPORTS FIRST QUARTER 2023 RESULTS First quarter 2023 results: • Revenue of $695 million, up 9% year-over-year led by: o Advanced Computing growth of 74% o Medical growth of 17% o Next Generation Communications growth of 45% • GAAP operating income of $23 million, up

View on SEC.gov

Browse all earnings releases →

BENCHMARK ELECTRONICS INC filing history →

Source: SEC EDGAR

accession 0000950170-23-017275

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.