secwatch.observer — SEC 8-K summary
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Issuer:     BENCHMARK ELECTRONICS INC (BHE)
CIK:        0000863436
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0000950170-24-119056
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Benchmark Q3 revenue $658M (-9% YoY), non-GAAP EPS $0.57; guides Q4 rev $640-680M
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- GAAP EPS $0.42, non-GAAP EPS $0.57 (vs $0.57 and $0.65 in Q3 2023); GAAP operating margin 4.3%, non-GAAP 5.3%.
- 16th consecutive quarter of year-over-year non-GAAP operating margin expansion; cash conversion cycle improved to 90 days from 105 YoY.
- Generated $245M free cash flow over trailing 12 months; net cash from operations $39M in Q3.
- Semi-Cap sector revenue grew to 28% of total (23% YoY); Medical fell to 16% from 21% YoY.
- Q4 2024 guidance: revenue $640-680M, GAAP EPS $0.40-0.46, non-GAAP EPS $0.53-0.59.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/863436/000095017024119056/0000950170-24-119056-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/863436/000095017024119056/bhe-20241030.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-119056

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