Benchmark Electronics Q3 Profit Rises to $17.15 Million as Revenue Climbs 19.1%

Benchmark Electronics Inc. (BHE) reported third-quarter net income of $17.15 million, or $0.47 per share, up from $14.26 million, or $0.39 per share, a year earlier. Excluding items, the company posted adjusted earnings of $30.70 million, or $0.84 per share. Revenue rose 19.1% to $810.90 million from $680.68 million in the prior-year period. Looking ahead, Benchmark guided next-quarter earnings to a range of $0.85 to $0.91 per share on revenue of $815 million to $855 million.