secwatch.observer — SEC 8-K summary
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Issuer:     BENCHMARK ELECTRONICS INC (BHE)
CIK:        0000863436
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0000950170-23-017275
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/863436/000095017023017275/0000950170-23-017275-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/863436/000095017023017275/bhe-20230503.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-017275

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer