earnings
confidence high
sentiment neutral
materiality 0.65
Benchmark Electronics Q3 revenue $720M, EPS $0.57; Q4 guidance $675-725M revenue
BENCHMARK ELECTRONICS INC
2023-Q3 EPS reported
$1.30
revenue$2,147,622,000
- Q3 revenue $720M, down 7% YoY from $772M; GAAP operating income $30M (+20% YoY).
- GAAP and non-GAAP diluted EPS both $0.57, flat vs. Q3 2022 non-GAAP EPS of $0.57.
- Non-GAAP operating income $34M, up 22% YoY; operating margin improved to 4.7% from 3.6%.
- Q4 guidance: revenue $675-725M, GAAP EPS $0.49-0.55, non-GAAP EPS $0.54-0.60.
- Sector mix: Medical 21%, Semi-Cap 23%, A&D 14%, Industrials 21%, Adv Computing 9%, Next Gen Comm 12%.