secwatch.observer — SEC 8-K summary
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Issuer:     BENCHMARK ELECTRONICS INC (BHE)
CIK:        0000863436
Form:       8-K
Filed at:   2023-07-31T23:59:59+00:00
Accession:  0000950170-23-035968
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Benchmark beats Q2 guidance; revenue $733M, non-GAAP EPS $0.48, operating income up 28% YoY
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- Revenue $733M, GAAP EPS $0.39, non-GAAP EPS $0.48; both EPS and revenue exceeded guidance.
- GAAP operating income $24M (+9% YoY); non-GAAP operating income $29M (+28% YoY).
- Cash conversion cycle improved to 103 days from 109 in prior quarter; inventory days down to 102.
- Q3 guidance: rev $680-720M, GAAP EPS $0.45-0.51, non-GAAP EPS $0.51-0.59.
- Segment growth in Industrials, Advanced Computing, and Next Gen Comms; total rev up 1% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/863436/000095017023035968/0000950170-23-035968-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/863436/000095017023035968/bhe-20230731.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-035968

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