Benchmark Electronics Q4 Non-GAAP EPS, Sales Decline; Q1 Guidance Set -- Shares Up After Hours

MT Newswires Live
30 Jan

Benchmark Electronics (BHE) reported Q4 non-GAAP earnings late Wednesday of $0.61 per diluted share, down from $0.65 a year earlier.

Four analysts polled by FactSet expected $0.56.

Sales for the quarter ended Dec. 31 was $656.9 million, down from $691.4 million a year earlier. Analysts surveyed by FactSet expected $660.8 million.

The company said it expects Q1 non-GAAP earnings of $0.48 to $0.54 per diluted share. Analysts polled by FactSet expect $0.50.

The company expects revenue for the quarter of $620 million to $660 million. Analysts surveyed by FactSet expect $639.4 million.

Benchmark Electronics shares were up 3% in recent after-hours activity.

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