Latest news with #BenchmarkElectronics
Yahoo
09-05-2025
- Business
- Yahoo
Benchmark Electronics' (NYSE:BHE) Soft Earnings Are Actually Better Than They Appear
Investors were disappointed with the weak earnings posted by Benchmark Electronics, Inc. (NYSE:BHE ). However, our analysis suggests that the soft headline numbers are getting counterbalanced by some positive underlying factors. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. For anyone who wants to understand Benchmark Electronics' profit beyond the statutory numbers, it's important to note that during the last twelve months statutory profit was reduced by US$14m due to unusual items. It's never great to see unusual items costing the company profits, but on the upside, things might improve sooner rather than later. When we analysed the vast majority of listed companies worldwide, we found that significant unusual items are often not repeated. And that's hardly a surprise given these line items are considered unusual. If Benchmark Electronics doesn't see those unusual expenses repeat, then all else being equal we'd expect its profit to increase over the coming year. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. Because unusual items detracted from Benchmark Electronics' earnings over the last year, you could argue that we can expect an improved result in the current quarter. Because of this, we think Benchmark Electronics' earnings potential is at least as good as it seems, and maybe even better! And the EPS is up 34% annually, over the last three years. Of course, we've only just scratched the surface when it comes to analysing its earnings; one could also consider margins, forecast growth, and return on investment, among other factors. While it's really important to consider how well a company's statutory earnings represent its true earnings power, it's also worth taking a look at what analysts are forecasting for the future. Luckily, you can check out what analysts are forecasting by clicking here. This note has only looked at a single factor that sheds light on the nature of Benchmark Electronics' profit. But there are plenty of other ways to inform your opinion of a company. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. So you may wish to see this free collection of companies boasting high return on equity, or this list of stocks with high insider ownership. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
29-04-2025
- Business
- Yahoo
Benchmark (NYSE:BHE) Reports Sales Below Analyst Estimates In Q1 Earnings
Electronics manufacturing services provider Benchmark (NYSE:BHE) missed Wall Street's revenue expectations in Q1 CY2025, with sales falling 6.5% year on year to $631.8 million. Next quarter's revenue guidance of $640 million underwhelmed, coming in 4.3% below analysts' estimates. Its non-GAAP profit of $0.52 per share was 4% above analysts' consensus estimates. Is now the time to buy Benchmark? Find out in our full research report. Revenue: $631.8 million vs analyst estimates of $640 million (6.5% year-on-year decline, 1.3% miss) Adjusted EPS: $0.52 vs analyst estimates of $0.50 (4% beat) Revenue Guidance for Q2 CY2025 is $640 million at the midpoint, below analyst estimates of $668.8 million Adjusted EPS guidance for Q2 CY2025 is $0.55 at the midpoint, below analyst estimates of $0.56 Operating Margin: 1.9%, down from 4.3% in the same quarter last year Free Cash Flow Margin: 4.3%, down from 6.4% in the same quarter last year Market Capitalization: $1.38 billion 'I am pleased by Benchmark's ability to continue to execute to our long-term objectives despite this dynamic market, as evidenced by our sixth consecutive quarter of greater than 10% non-GAAP gross margins while we again generated over $27 million of free cash flow even with a sequential decline of revenue in the first quarter,' said Jeff Benck, Benchmark's President and CEO. Operating as a critical behind-the-scenes partner for complex technology products since 1979, Benchmark Electronics (NYSE:BHE) provides advanced manufacturing, engineering, and technology solutions for original equipment manufacturers across aerospace, medical, industrial, and technology sectors. A company's long-term sales performance is one signal of its overall quality. Any business can have short-term success, but a top-tier one grows for years. With $2.61 billion in revenue over the past 12 months, Benchmark is a mid-sized business services company, which sometimes brings disadvantages compared to larger competitors benefiting from better economies of scale. As you can see below, Benchmark grew its sales at a tepid 3.7% compounded annual growth rate over the last five years. This shows it failed to generate demand in any major way and is a rough starting point for our analysis. We at StockStory place the most emphasis on long-term growth, but within business services, a half-decade historical view may miss recent innovations or disruptive industry trends. Benchmark's performance shows it grew in the past but relinquished its gains over the last two years, as its revenue fell by 5.8% annually. This quarter, Benchmark missed Wall Street's estimates and reported a rather uninspiring 6.5% year-on-year revenue decline, generating $631.8 million of revenue. Company management is currently guiding for a 3.9% year-on-year decline in sales next quarter. Looking further ahead, sell-side analysts expect revenue to grow 9.1% over the next 12 months, an improvement versus the last two years. This projection is noteworthy and suggests its newer products and services will catalyze better top-line performance. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. Benchmark was profitable over the last five years but held back by its large cost base. Its average operating margin of 3.4% was weak for a business services business. On the plus side, Benchmark's operating margin rose by 1.6 percentage points over the last five years, as its sales growth gave it operating leverage. This quarter, Benchmark generated an operating profit margin of 1.9%, down 2.4 percentage points year on year. This contraction shows it was less efficient because its expenses increased relative to its revenue. Revenue trends explain a company's historical growth, but the long-term change in earnings per share (EPS) points to the profitability of that growth – for example, a company could inflate its sales through excessive spending on advertising and promotions. Benchmark's EPS grew at a spectacular 13.4% compounded annual growth rate over the last five years, higher than its 3.7% annualized revenue growth. This tells us the company became more profitable on a per-share basis as it expanded. Diving into Benchmark's quality of earnings can give us a better understanding of its performance. As we mentioned earlier, Benchmark's operating margin declined this quarter but expanded by 1.6 percentage points over the last five years. Its share count also shrank by 1.3%, and these factors together are positive signs for shareholders because improving profitability and share buybacks turbocharge EPS growth relative to revenue growth. In Q1, Benchmark reported EPS at $0.52, up from $0.51 in the same quarter last year. This print beat analysts' estimates by 4%. Over the next 12 months, Wall Street expects Benchmark's full-year EPS of $2.27 to grow 13.8%. It was encouraging to see Benchmark beat analysts' EPS expectations this quarter. On the other hand, its revenue missed and its revenue and EPS guidance for next quarter fell slightly short of Wall Street's estimates. Overall, this was a weaker quarter. The stock remained flat at $38.27 immediately following the results. Benchmark didn't show it's best hand this quarter, but does that create an opportunity to buy the stock right now? If you're making that decision, you should consider the bigger picture of valuation, business qualities, as well as the latest earnings. We cover that in our actionable full research report which you can read here, it's free. Sign in to access your portfolio
Yahoo
29-04-2025
- Business
- Yahoo
Benchmark Reports First Quarter 2025 Results
TEMPE, Ariz., April 29, 2025--(BUSINESS WIRE)--Benchmark Electronics, Inc. (NYSE: BHE) today announced financial results for the first quarter ended March 31, 2025. First quarter 2025 results: Revenue of $632 million GAAP Operating Income of $12 million Non-GAAP Operating Income of $29 million GAAP earnings per share $0.10 Non-GAAP earnings per share $0.52 "I am pleased by Benchmark's ability to continue to execute to our long-term objectives despite this dynamic market, as evidenced by our sixth consecutive quarter of greater than 10% non-GAAP gross margins while we again generated over $27 million of free cash flow even with a sequential decline of revenue in the first quarter," said Jeff Benck, Benchmark's President and CEO. Benck continued, "Looking forward, we are navigating through tariff-related uncertainty that could impact some customer sourcing decisions in the near term. However, I am very confident with 10 manufacturing facilities in the United States and plenty of manufacturing capacity globally that we are well positioned to support our current and future customers' evolving manufacturing needs regardless of where they would like us to produce their products." Three Months Ended Summary GAAP Items March 31, December 31, March 31, (Amounts in millions, except per share data) 2024 2024 2025 Revenue $ 676 $ 657 $ 632 Gross Margin 10.0 % 10.3 % 10.0 % Operating Margin 3.8 % 4.3 % 1.9 % Diluted EPS $ 0.38 $ 0.50 $ 0.10 Three Months Ended Summary Non-GAAP Items(1) March 31, December 31, March 31, (Amounts in millions, except per share data) 2024 2024 2025 Revenue $ 676 $ 657 $ 632 Gross Margin 10.0 % 10.4 % 10.1 % Operating Margin 4.9 % 5.1 % 4.6 % Diluted EPS $ 0.55 $ 0.61 $ 0.52 (1) A reconciliation of non-GAAP results to the most directly comparable GAAP measures and a discussion of why management believes these non-GAAP results are useful are included below. March 31, December 31, March 31, (In millions) 2024 2024 2025 Semi-Cap $ 166 25 % $ 198 30 % 195 32 % Industrial 141 21 140 21 137 22 A&D 106 16 117 18 122 19 Medical 115 17 117 18 104 16 AC&C 148 21 85 13 74 11 Total $ 676 100 % $ 657 100 % $ 632 100 % March 31, December 31, March 31, 2024 2024 2025 Days in accounts receivable 56 57 53 Days in contract asset 24 23 25 Days in inventory 94 85 89 Days in accounts payable (52 ) (54 ) (61 ) Days in advance payments from customers (28 ) (22 ) (20 ) Days in cash conversion cycle 94 89 86 Second Quarter 2025 Guidance Revenue between $615 million - $665 million Diluted GAAP earnings per share between $0.31 - $0.37 Diluted non-GAAP earnings per share between $0.52 - $0.58 Non-GAAP earnings per share guidance excludes stock-based compensation expense of approximately $5.3 million and other non-operating expenses of $4.7 million to $4.9 million which includes restructuring, amortization of intangibles and other expenses. First Quarter 2025 Earnings Conference Call The Company will host a conference call to discuss the results today at 5:00 p.m. Eastern Time. The live webcast of the call and accompanying reference materials will be accessible by logging on to the Company's website at A replay of the broadcast will also be available on the Company's website. About Benchmark Electronics, Inc. Benchmark provides comprehensive solutions across the entire product life cycle by leading through its innovative technology and engineering design services, leveraging its optimized global supply chain and delivering world-class manufacturing services in the following industries: semiconductor capital equipment, industrial, medical, commercial aerospace, defense, and advanced computing and communications. Benchmark's global operations include facilities in seven countries and its common shares trade on the New York Stock Exchange under the symbol BHE. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are identified as any statement that does not relate strictly to historical or current facts and may include words such as "anticipate," "believe," "intend," "plan," "project," "forecast," "strategy," "position," "continue," "estimate," "expect," "may," "will," "could," "predict," and similar expressions of the negative or other variations thereof. In particular, statements, expressed or implied, concerning the Company's outlook and guidance for second quarter and fiscal year 2025 results, future operating results or margins, the ability to generate sales and income or cash flow, expected revenue mix, the Company's business strategy and strategic initiatives, the Company's repurchases of shares of its common stock, the Company's expectations regarding restructuring charges, stock-based compensation expense, amortization of intangibles, award of any tax incentives and capital expenditures, and the Company's intentions concerning the payment of dividends, among others, are forward-looking statements. Although the Company believes these statements are based on and derived from reasonable assumptions, they involve risks, uncertainties and assumptions that are beyond the Company's ability to control or predict, relating to operations, markets and the business environment generally, including those discussed under Part I, Item 1A of the Company's Annual Report on Form 10-K for the year ended December 31, 2024, and in any of the Company's subsequent reports filed with the Securities and Exchange Commission. Events relating to the possibility of customer demand fluctuations, supply chain constraints, continuing inflationary pressures, the effects of foreign currency fluctuations and high interest rates, geopolitical uncertainties including continuing hostilities and tensions, trade restrictions and sanctions, tariffs and retaliatory countermeasures, the ability to utilize the Company's manufacturing facilities at sufficient levels to cover its fixed operating costs, or write-downs or write-offs of obsolete or unsold inventory, may have resulting impacts on the Company's business, financial condition, results of operations, and the Company's ability (or inability) to execute on its plans. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes, including the future results of the Company's operations, may vary materially from those indicated. Undue reliance should not be placed on any forward-looking statements. Forward-looking statements are not guarantees of performance. All forward-looking statements included in this document are based upon information available to the Company as of the date of this document, and the Company assumes no obligation to update. Non-GAAP Financial Measures Management discloses certain non-GAAP information to provide investors with additional information to analyze the Company's performance and underlying trends. These non-GAAP financial measures exclude restructuring charges, stock-based compensation expense, amortization of intangible assets acquired in business combinations, certain legal and other settlement losses (gains), customer insolvency losses (recoveries), asset impairments, other significant non-recurring costs and the related tax impacts, including discrete tax items, of all of the above. A detailed reconciliation between GAAP results and results excluding certain items ("non-GAAP") is included in the following tables attached to this document. In situations where a non-GAAP reconciliation has not been provided, the Company was unable to provide such a reconciliation without unreasonable effort due to the uncertainty and inherent difficulty predicting the occurrence, the financial impact and the periods in which the non-GAAP adjustments may be recognized. Management uses non-GAAP measures that exclude certain items in order to better assess operating performance and help investors compare results with our previous guidance. This document also references "free cash flow", a non-GAAP measure, which the Company defines as cash flow from operations less additions to property, plant and equipment and purchased software. The Company's non-GAAP information is not necessarily comparable to the non-GAAP information used by other companies. Non-GAAP information should not be viewed as a substitute for, or superior to, net income or other data prepared in accordance with GAAP as a measure of the Company's profitability or liquidity. Readers should consider the types of events and transactions for which adjustments have been made. Benchmark Electronics, Inc. and Subsidiaries Condensed Consolidated Statements of Income (Amounts in Thousands, Except Per Share Data) (UNAUDITED) Three Months Ended March 31, 2024 2025 Sales $ 675,575 $ 631,764 Cost of sales 608,167 568,584 Gross profit 67,408 63,180 Selling, general and administrative expenses 37,332 38,800 Amortization of intangible assets 1,204 1,204 Restructuring charges and other costs 3,343 11,417 Income from operations 25,529 11,759 Interest expense (7,245 ) (5,295 ) Interest income 1,992 2,732 Other expense, net (1,177 ) (802 ) Income before income taxes 19,099 8,394 Income tax expense 5,097 4,750 Net income $ 14,002 $ 3,644 Earnings per share: Basic $ 0.39 $ 0.10 Diluted $ 0.38 $ 0.10 Weighted-average number of shares outstanding: Basic 35,810 36,052 Diluted 36,401 36,605 Benchmark Electronics, Inc. and Subsidiaries Condensed Consolidated Balance Sheets (In Thousands) (UNAUDITED) December 31, March 31, 2024 2025 Assets Current assets: Cash and cash equivalents $ 315,152 $ 355,340 Restricted cash 12,875 — Accounts receivable, net 412,458 374,108 Contract assets 167,578 171,988 Inventories 553,654 560,285 Prepaid expenses and other current assets 42,512 43,571 Total current assets 1,504,229 1,505,292 Property, plant and equipment, net 225,097 224,258 Operating lease right-of-use assets 117,995 114,141 Goodwill and other long-term assets 292,143 291,928 Total assets $ 2,139,464 $ 2,135,619 Liabilities and Shareholders' Equity Current liabilities: Current installments of long-term debt $ 6,737 $ 6,690 Accounts payable 354,218 384,460 Advance payments from customers 143,614 127,858 Accrued liabilities 144,530 117,413 Total current liabilities 649,099 636,421 Long-term debt, net of current installments 250,457 268,946 Operating lease liabilities 108,997 106,438 Other long-term liabilities 17,598 19,116 Total liabilities 1,026,151 1,030,921 Shareholders' equity 1,113,313 1,104,698 Total liabilities and shareholders' equity $ 2,139,464 $ 2,135,619 Benchmark Electronics, Inc. and Subsidiaries Condensed Consolidated Statements of Cash Flows (In Thousands) (UNAUDITED) Three Months Ended March 31, 2024 2025 Cash flows from operating activities: Net income $ 14,002 $ 3,644 Depreciation and amortization 11,594 11,768 Stock-based compensation expense 2,176 4,397 Accounts receivable 30,960 39,870 Contract assets (5,835 ) (4,410 ) Inventories 45,222 (5,182 ) Accounts payable (20,259 ) 24,194 Advance payments from customers (15,730 ) (15,755 ) Other changes in working capital and other, net (13,673 ) (27,023 ) Net cash provided by operating activities 48,457 31,503 Cash flows from investing activities: Additions to property, plant and equipment and software (5,903 ) (4,156 ) Other investing activities, net (251 ) 50 Net cash used in investing activities (6,154 ) (4,106 ) Cash flows from financing activities: Share repurchases — (7,996 ) Net debt activity (15,865 ) 18,312 Other financing activities, net (11,276 ) (12,785 ) Net cash used in financing activities (27,141 ) (2,469 ) Effect of exchange rate changes (2,320 ) 2,385 Net increase in cash and cash equivalents and restricted cash 12,842 27,313 Cash and cash equivalents and restricted cash at beginning of year 283,213 328,027 Cash and cash equivalents and restricted cash at end of period $ 296,055 $ 355,340 Benchmark Electronics, Inc. and Subsidiaries Reconciliation of GAAP to Non-GAAP Financial Results (Amounts in Thousands, Except Per Share Data) (UNAUDITED) Three Months Ended Dec 31, Mar 31, Jun 30, Sep 30, Dec 31, Mar 31, 2023 2024 2024 2024 2024 2025 Income from operations (GAAP) $ 32,100 $ 25,529 $ 27,253 $ 28,105 $ 28,524 $ 11,759 Restructuring charges and other costs 2,054 3,343 1,471 795 727 1,342 Stock-based compensation expense 2,955 2,176 4,185 4,379 2,626 4,397 Amortization of intangible assets 1,204 1,204 1,204 1,205 1,204 1,204 Legal and other settlement loss(1) — 855 317 367 239 10,275 Customer insolvency (recovery) — — (316 ) — — — Non-GAAP income from operations $ 38,313 $ 33,107 $ 34,114 $ 34,851 $ 33,320 $ 28,977 GAAP operating margin 4.6 % 3.8 % 4.1 % 4.3 % 4.3 % 1.9 % Non-GAAP operating margin 5.5 % 4.9 % 5.1 % 5.3 % 5.1 % 4.6 % Gross profit (GAAP) $ 71,004 $ 67,408 $ 67,950 $ 66,741 $ 67,925 $ 63,180 Stock-based compensation expense 416 426 326 413 503 431 Customer insolvency (recovery) — — (316 ) — — — Non-GAAP gross profit $ 71,420 $ 67,834 $ 67,960 $ 67,154 $ 68,428 $ 63,611 GAAP gross margin 10.3 % 10.0 % 10.2 % 10.1 % 10.3 % 10.0 % Non-GAAP gross margin 10.3 % 10.0 % 10.2 % 10.2 % 10.4 % 10.1 % Selling, general and administrative expenses $ 35,646 $ 37,332 $ 38,022 $ 36,636 $ 37,470 $ 38,800 Stock-based compensation expense (2,539 ) (1,750 ) (3,858 ) (3,966 ) (2,123 ) (3,966 ) Legal and other settlement loss — (855 ) (317 ) (367 ) (239 ) (200 ) Non-GAAP selling, general and administrative expenses $ 33,107 $ 34,727 $ 33,847 $ 32,303 $ 35,108 $ 34,634 Net income (GAAP) $ 17,552 $ 14,002 $ 15,528 $ 15,374 $ 18,423 $ 3,644 Restructuring charges and other costs 2,899 3,343 1,471 795 727 1,342 Stock-based compensation expense 2,955 2,176 4,185 4,379 2,626 4,397 Amortization of intangible assets 1,204 1,204 1,204 1,205 1,204 1,204 Legal and other settlement loss (gain)(1) (37 ) 855 317 367 239 10,275 Customer insolvency (recovery) — — (316 ) — — — Income tax adjustments(2) (1,280 ) (1,393 ) (1,437 ) (1,406 ) (971 ) (1,645 ) Non-GAAP net income $ 23,293 $ 20,187 $ 20,952 $ 20,714 $ 22,248 $ 19,217 Diluted earnings per share: Diluted (GAAP) $ 0.49 $ 0.38 $ 0.43 $ 0.42 $ 0.50 $ 0.10 Diluted (Non-GAAP) $ 0.65 $ 0.55 $ 0.57 $ 0.57 $ 0.61 $ 0.52 Weighted-average number of shares used in calculating diluted earnings per share: Diluted (GAAP) 35,956 36,401 36,497 36,629 36,659 36,605 Diluted (Non-GAAP) 35,956 36,401 36,497 36,629 36,659 36,605 Net cash provided by operations $ 137,079 $ 48,457 $ 55,816 $ 39,036 $ 45,916 $ 31,503 Additions to property, plant and equipment and software (11,026 ) (5,903 ) (8,504 ) (9,814 ) (9,032 ) (4,156 ) Free cash flow $ 126,053 $ 42,554 $ 47,312 $ 29,222 $ 36,884 $ 27,347 (1) Includes settlement of the tax assessment in Mexico that was previously disclosed under Note 15 in Part II, Item 8 of the Company's Annual Report on Form 10-K for the year ended December 31, 2024. (2) This amount represents the tax impact of the non-GAAP adjustments using the applicable effective tax rates. View source version on Contacts For More Information, Please Contact: Paul Mansky, Investor Relations and Corporate Development1-623-300-7052 or Sign in to access your portfolio
Business Wire
22-04-2025
- Business
- Business Wire
Benchmark Electronics to Report First Quarter Fiscal Year 2025 Results
TEMPE, Ariz.--(BUSINESS WIRE)--Benchmark Electronics, Inc. (NYSE: BHE) will announce first quarter fiscal year 2025 results on Tuesday, April 29, 2025 after the market close. The Company will host a conference call to discuss these results on the same day at 5:00 p.m. Eastern Time. A live audio webcast of the call along with supporting materials will be available on the Benchmark Investor Relations website at or on the webcast link provided below. Following the call, a webcast replay will be available on the Company's website for a period of 12 months. About Benchmark Electronics, Inc. Benchmark provides comprehensive solutions across the entire product lifecycle by leading through its innovative technology and engineering design services, leveraging its optimized global supply chain, and delivering world-class manufacturing services in the following industries: commercial aerospace, defense, advanced computing, next-generation communications, complex industrials, medical, and semiconductor capital equipment. Benchmark operates in eight countries and its common shares trade on the New York Stock Exchange under the symbol BHE.
Yahoo
22-04-2025
- Business
- Yahoo
Benchmark Electronics to Report First Quarter Fiscal Year 2025 Results
TEMPE, Ariz., April 21, 2025--(BUSINESS WIRE)--Benchmark Electronics, Inc. (NYSE: BHE) will announce first quarter fiscal year 2025 results on Tuesday, April 29, 2025 after the market close. The Company will host a conference call to discuss these results on the same day at 5:00 p.m. Eastern Time. A live audio webcast of the call along with supporting materials will be available on the Benchmark Investor Relations website at or on the webcast link provided below. Following the call, a webcast replay will be available on the Company's website for a period of 12 months. Event: Benchmark Q1 Fiscal Year 2025 Earnings Call and Webcast Time: Tuesday, April 29, 2025 at 5:00 p.m. Eastern Time Toll Free Dial-In: 800-549-8228 Conf. ID: 93896 Live Webcast: Pre-registration recommended Webcast Replay: About Benchmark Electronics, Inc. Benchmark provides comprehensive solutions across the entire product lifecycle by leading through its innovative technology and engineering design services, leveraging its optimized global supply chain, and delivering world-class manufacturing services in the following industries: commercial aerospace, defense, advanced computing, next-generation communications, complex industrials, medical, and semiconductor capital equipment. Benchmark operates in eight countries and its common shares trade on the New York Stock Exchange under the symbol BHE. View source version on Contacts For further information:Investors and Analysts, Paul Mansky, Investor Relations & Corporate Development, 623-300-7052 or Media and Press, Alec Robertson, 585-281-6399 or arobertson@ Sign in to access your portfolio
