Benchmark Electronics Inc   (BHE)
Other Ticker:  
    Sector  Technology    Industry Semiconductors
   Industry Semiconductors
   Sector  Technology
Price: $31.2500 $0.54 1.758%
Day's High: $31.33 Week Perf: 4.27 %
Day's Low: $ 30.46 30 Day Perf: 15.23 %
Volume (M): 315 52 Wk High: $ 31.33
Volume (M$): $ 9,828 52 Wk Avg: $25.10
Open: $30.88 52 Wk Low: $20.58

 Market Capitalization (Millions $) 1,121
 Shares Outstanding (Millions) 36
 Employees 10,500
 Revenues (TTM) (Millions $) 2,898
 Net Income (TTM) (Millions $) 68
 Cash Flow (TTM) (Millions $) 76
 Capital Exp. (TTM) (Millions $) 41

Benchmark Electronics Inc

Benchmark Electronics, Inc. (Benchmark), a Texas corporation, began operations in 1979 and has become a worldwide provider of integrated manufacturing, design and engineering services and product life cycle solutions.

We provide our services to original equipment manufacturers (OEMs) of industrial equipment (including equipment for the aerospace and defense industries), telecommunication equipment, computers and related products for business enterprises, medical devices, and testing and instrumentation products. A substantial portion of our services are commonly referred to as electronics manufacturing services (EMS).

We offer comprehensive and integrated design and manufacturing services and solutions—from initial product concept to volume production including direct order fulfillment and post-deployment services. Our operations comprise three principal areas:

· Manufacturing and assembly operations, which include printed circuit board assemblies (PCBAs) and subsystem assembly, box build and systems integration. Systems integration is often building a finished assembly that includes PCBAs, complex subsystem assemblies, mechatronics, displays, optics, and other components. These final products may be configured to order and delivered directly to the end customer across all the industries we serve.

· Precision technology manufacturing, which complements our electronic manufacturing expertise by providing further vertical integration of critical mechanical components. These capabilities include precision machining, advanced metal joining, assembly and functional testing primarily for customers in the medical, aerospace, and test & instrumentation markets (which include semiconductor capital equipment).

· Specialized engineering services and solutions, which includes product design for electronic systems, sub-systems, and components, printed circuit board layout, prototyping, automation and test development. We provide these services across all the industries we serve, but lead with engineering to manufacturing solutions primarily in regulated industries such as medical, complex industrials, aerospace and defense.

Our core strength lies in our ability to provide concept-to-production solutions in support of our customers. Our global manufacturing presence increases our ability to respond to our customers’ needs by providing accelerated time-to-market and time-to-volume production of high-quality products – especially for complex products with lower volume and higher mix in regulated markets. These capabilities enable us to build strong strategic relationships with our customers and to become an integral part of their operations.

Our customers often face challenges in designing supply chains, planning demand, procuring materials and managing their inventories efficiently due to fluctuations in their customer demand, product design changes, short product life cycles and component price fluctuations. We employ enterprise resource planning (ERP) systems and lean manufacturing principles to manage the procurement and manufacturing processes in an efficient and cost-effective manner so that, where possible, components arrive on a just-in-time, as-and-when-needed basis. We are a significant purchaser of electronic components and other raw materials and can capitalize on the economies of scale associated with our relationships with suppliers to negotiate price discounts, obtain components and other raw materials that are in short supply, and return excess components. Our agility and expertise in supply chain management and our relationships with suppliers across the supply chain enable us to help reduce our customers’ cost of goods sold and inventory exposure.

Outsourcing enables OEMs to concentrate on their core strengths, such as research and development, branding, and marketing and sales. In an outsourcing model, OEMs also benefit from improved efficiencies and reduced production costs, reduced fixed capital investment requirements, improved inventory management, and access to global manufacturing. OEMs continue to turn to outsourcing for these manufacturing benefits in addition to reducing time-to-market and time-to-volume production through utilization of their EMS providers’ product design and engineering services benefits.

Beginning in the 1990s, the EMS industry changed rapidly as an increasing number of OEMs outsourced their manufacturing requirements. In recent years, the number of industries served by EMS providers and their market penetration in certain industries increased, and we believe further growth opportunities exist for EMS providers to penetrate the worldwide manufacturing markets. In 2008, the industry’s revenue declined as a result of significant cutbacks in customers’ production requirements, consistent with overall global economic downturns. Beginning in 2015, the industry has again experienced revenue declines as customers in certain sectors have reduced their production requirements due to global economic uncertainty; however, OEMs have continued to seek the benefits of a product design and outsourced model. While not all industries we serve are experiencing outsourcing growth rates, we believe that under-penetrated outsourcing markets such as medical, industrials (including aerospace and defense), and test & instrumentation will continue to increase outsourcing in the future.

Our goal is to be the solutions provider of choice to leading OEMs that we perceive offer the greatest potential for profitable growth. To meet this goal, we have implemented the following strategies:

· Focus on More Complex Products for Customers in Higher-Value Markets. EMS providers serve a wide range of OEMs in different industries, such as consumer electronics, internet-focused businesses and information technology equipment. The product scope ranges from easy-to-assemble, low-cost, high-volume products targeted for the consumer market to complicated, state-of-the-art, mission-critical products. Higher volume manufacturing customers in the more traditional markets of computing and telecommunications often compete on price with short product life cycles and require less value-add from EMS providers. Lower-volume manufacturing customers in the medical, industrial, and test & instrumentation markets are often in highly regulated industries where they are increasingly outsourcing higher value-added services to their EMS providers to meet stringent regulatory and time-to-market requirements. We choose to focus on customers in the traditional markets with more complex requirements and in the higher-value markets where outsourcing growth rates are increasing, product life cycles are longer, and there is a strong match between our capabilities and the needs of these customers. The ability to serve customers in both markets is important to our strategy.

· Leverage Advanced Technology and Lead with Engineering Solutions. In addition to strengths in manufacturing complex high-density PCBAs, complex mechanical systems, and full systems integration, we offer customers specialized and tailored advanced design solutions. We provide this engineering expertise through our design capabilities in our design centers in the Americas, Europe and Asia. Leading with engineering is important in our strategy to increase sales to customers in our targeted higher-value markets. Through leveraging our advanced technology and engineering solutions, customers can focus on core branding and marketing initiatives while we focus on bringing their products to market efficiently and timely.

· Maintain and Develop Close, Long-Term Relationships with Customers. Our strategy is to establish long-term relationships with leading OEMs in expanding industries by becoming an integral part of their concept-to-production and full product life cycle requirements. To accomplish this, we rely on our global and local management teams to respond with speed and flexibility to frequently changing customer design specifications and production requirements. We focus on caring for our customers and insuring that their needs are met and exceeded.

· Deliver Complete High- and Low-Volume Manufacturing Solutions Globally. OEMs increasingly require a wide range of specialized design engineering and manufacturing services from EMS providers in order to reduce costs and accelerate their time-to-market and time-to-volume production. Building on our integrated engineering and manufacturing capabilities, we offer services from initial product design and test to final product assembly and distribution to OEM customers. Our precision machining and complex mechanical manufacturing, along with our systems integration assembly and direct order fulfillment services allow our customers to reduce product cost and risk of product obsolescence by reducing their total work-in-process and finished goods inventory. These services are available at many of our manufacturing locations. We continue to expand our global capabilities:

- in 2009, we added precision machining assets and capabilities to provide precision machining, metal joining and complex electromechanical manufacturing services in Arizona, California and Mexico;
- in 2011, we expanded our precision technologies capabilities in Penang, Malaysia. This expansion added sheet metal and frames fabrication services, advanced metal joining and grinding services, along with complex mechanical assembly and machining services to our Asia service offerings;
- in 2013, we strengthened our capabilities to better serve the aerospace and defense industries and added depth and scope to our new product express capabilities on the West Coast; and
- in 2015, we acquired Secure Technology, which designs and produces encrypted and ruggedized communication systems, avionics displays and military-grade components.

These full service capabilities allow us to offer customers the flexibility to move quickly from design and initial product introduction to production and distribution. We offer our customers the opportunity to combine the benefits of low-cost manufacturing (for the portions of their products or systems that can benefit from the use of these geographic areas) with the benefits and capabilities of our higher complexity support in Asia, Europe and the Americas.

· Continue to Seek Cost Savings and Operational Excellence. We seek to optimize all of our facilities to provide cost-efficient services for our customers. We have a global culture of continuous improvement, sharing best practices and implementing lean principles. We try to optimize the efficiencies of our operations in order to provide efficient solutions to our customers.

· Pursue Strategic Acquisitions. Our capabilities have continued to grow through acquisitions and we will continue to selectively seek acquisition opportunities. In addition to expanding our global footprint, our acquisitions have enhanced our business in the following ways:

- enhanced customer growth opportunities;
- developed strategic relationships;
- broadened service and solution offerings;
- provided vertical solutions;
- diversified into new market sectors; and
- added experienced management teams.

We believe that growth by selective acquisitions is critical for achieving the scale, flexibility and breadth of customer services required to remain competitive.

   Company Address: 56 South Rockford Drive Tempe 85288 AZ
   Company Phone Number: 300-7000   Stock Exchange / Ticker: NYSE BHE

Customers Net Income grew by BHE's Customers Net Profit Margin grew to

42.54 %

16.1 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


Stock Performances by Major Competitors

5 Days Decrease / Increase
JBL        5.08% 
KE   -1.07%    
OSIS        1.08% 
PLXS        0.4% 
SANM        5.75% 
TTMI   -0.72%    
• View Complete Report

Benchmark Electronics Inc

Benchmarks Electronics Inc. Faces Revenue Decline but Demonstrates Resilient Earnings Growth in Q3 2023

Benchmark Electronics Inc has recently witnessed a slight improvement in its share performance, with a 1.19% increase during the past 7 days. However, the year-to-date performance remains at -9.37%. It is worth exploring the financial results of Benchmark Electronics Inc in the third quarter of 2023 to understand how they might impact the company going forward.
1. Revenue Decline and Earnings Growth:
During the third quarter of 2023, Benchmark Electronics Inc experienced a decline in revenue by -6.724%, amounting to $719.70 million compared to the previous year. This drop may raise concerns among investors and analysts about the company's ability to generate consistent revenue growth. However, despite the revenue decline, Benchmark Electronics Inc managed to achieve a growth of 7.55% in earnings per share (EPS), reaching $0.57 per share. This improvement indicates the company's ability to enhance profitability despite challenging market conditions.

Benchmark Electronics Inc

Benchmark Electronics Inc Celebrates Revenue Growth Despite Industry Slump in Second Quarter of 2023! From this article: Despite a pervasive industry contract, Benchmark Electronics Inc bucks the trend with a 0.715% revenue increase from April to June 2023. However, a vexing 20.41% income contraction dulls the shine of this progressive achievement. The company's revenue stood at $733.23 million, with earnings per share at $0.39, showcasing resilience amidst adverse industry circumstances.

Financial News Report: Benchmark Electronics Inc Shows Revenue Growth Despite Industry Contraction
Benchmark Electronics Inc, a company in the Semiconductors industry, reported a revenue improvement of 0.715% in the April to June 30, 2023 fiscal span. However, this growth could not prevent a significant income contraction of -20.41% compared to the similar quarter a year before. The company's revenue stood at $733.23 million, with earnings per share (EPS) at $0.39.
Unlike its industry contemporaries, Benchmark Electronics Inc showed revenue growth while most other companies in the Semiconductors sector experienced business contraction. In comparison to the previous quarter, the company saw a surge of 5.547% in revenue, increasing from $694.70 million to $733.23 million. Income per share also rose by 11.43% from $0.35 per share.

Benchmark Electronics Inc

Benchmark Electronics Inc Soars to New Heights with Remarkable Revenue Surge in Q3 2023 Earnings Season

Benchmark Electronics Inc: A Promising Investment Opportunity for the Future
The recent financial report of Benchmark Electronics Inc highlights a significant rise in their top and bottom line, marking another successful quarter for the company. With a revenue of $694.70 million, the company has demonstrated an impressive year-on-year growth of 9.215%, a clear indication of the company's solid financial footing. Despite a quarter-on-quarter decline, the company has been able to maintain a steady growth rate, ensuring consistency in providing value to its investors.
Moreover, the earnings per share have also seen a noticeable increase of 12.9% to $0.35, reflecting positively on the company's profitability. Although there has been a decline in sequential income, the company has been able to stay on track with its goal of delivering impressive results to its stakeholders.


Benchmark Electronics Inc's Segments
• View Complete Report


About us


CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com