secwatch.observer — SEC 8-K summary
======================================

Issuer:     BENCHMARK ELECTRONICS INC (BHE)
CIK:        0000863436
Form:       8-K
Filed at:   2025-04-29T23:59:59+00:00
Accession:  0000950170-25-060141
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Benchmark Q1 revenue $632M (-6.5% YoY); non-GAAP EPS $0.52, Q2 guide $615-665M
------------------------------------------------------------------------------

- GAAP EPS $0.10, down from $0.38 YoY; non-GAAP EPS $0.52 vs $0.55 YoY.
- Revenue $632M, down 7% from $676M YoY; Semi-Cap revenue $195M (32% of total).
- Generated over $27M free cash flow; cash conversion cycle improved to 86 days from 94.
- Q2 guidance: revenue $615-665M, GAAP EPS $0.31-0.37, non-GAAP EPS $0.52-0.58.
- CEO cites tariff uncertainty near-term but confidence in US manufacturing capacity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/863436/000095017025060141/0000950170-25-060141-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/863436/000095017025060141/bhe-20250429.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-060141

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