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Benchmark: 2Q Earnings Snapshot

July 24, 2019

TEMPE, Ariz. (AP) _ Benchmark Electronics Inc. (BHE) on Wednesday reported second-quarter profit of $9.4 million.

On a per-share basis, the Tempe, Arizona-based company said it had net income of 24 cents. Earnings, adjusted for one-time gains and costs, came to 36 cents per share.

The electronic manufacturing services company posted revenue of $601.6 million in the period.

For the current quarter ending in October, Benchmark expects its per-share earnings to range from 33 cents to 39 cents.

The company said it expects revenue in the range of $525 million to $555 million for the fiscal third quarter.

Benchmark shares have increased 21% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $25.72, a decrease of 13% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BHE at https://www.zacks.com/ap/BHE

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