Reported Earnings • Jul 30
Second quarter 2026 earnings released: EPS: US$0.55 (vs US$0.027 in 2Q 2025) Second quarter 2026 results: EPS: US$0.55 (up from US$0.027 in 2Q 2025). Revenue: US$756.0m (up 18% from 2Q 2025). Net income: US$19.9m (up US$18.9m from 2Q 2025). Profit margin: 2.6% (up from 0.2% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 43% per year, which means it is well ahead of earnings. New Risk • Jul 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Profit margins are more than 30% lower than last year (1.3% net profit margin). Significant insider selling over the past 3 months (€3.8m sold). Tillkännagivande • Jul 17
Benchmark Electronics, Inc. to Report Q2, 2026 Results on Jul 29, 2026 Benchmark Electronics, Inc. announced that they will report Q2, 2026 results After-Market on Jul 29, 2026 Declared Dividend • Jun 16
First quarter dividend of US$0.17 announced Shareholders will receive a dividend of US$0.17. Ex-date: 30th June 2026 Payment date: 10th July 2026 Dividend yield will be 0.8%, which is lower than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (71% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 1.6% per year over the past 8 years and payments have been stable during that time. EPS is expected to grow by 46% over the next year, which should provide support to the dividend and adequate earnings cover. Tillkännagivande • Jun 09
Benchmark Electronics Announces Cash Dividend for the Second Quarter 2026, Payable on July 10, 2026 Benchmark Electronics, Inc. announced that its Board of Directors declared second quarter 2026 dividend of $0.17 per share, payable on July 10, 2026, to shareholders of record at the close of business on June 30, 2026. Tillkännagivande • Jun 01
Benchmark Electronics, Inc. Elects David A. Moezidis to the Board of Directors Benchmark Electronics Inc. at its Annual Meeting held on May 28, 2026 elected David A. Moezidis to the Board of Directors to serve and will hold office until the Company’s 2027 Annual Meeting of Shareholders . Recent Insider Transactions • May 21
Independent Director recently sold €1.7m worth of stock On the 12th of May, Kenneth Lamneck sold around 24k shares on-market at roughly €69.50 per share. This transaction amounted to 36% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €4.5m more than they bought in the last 12 months. Tillkännagivande • Apr 21
Benchmark Electronics, Inc., Annual General Meeting, May 28, 2026 Benchmark Electronics, Inc., Annual General Meeting, May 28, 2026. Location: benchmark electronics, inc., 56 south rockford drive, tempe, arizona 85288, United States Tillkännagivande • Apr 16
Benchmark Electronics, Inc. to Report Q1, 2026 Results on Apr 29, 2026 Benchmark Electronics, Inc. announced that they will report Q1, 2026 results After-Market on Apr 29, 2026 Tillkännagivande • Mar 17
Benchmark Electronics, Inc. Declares Quarterly Cash Dividend for the First Quarter 2026, Payable on April 10, 2026 Benchmark Electronics, Inc. announced that its Board of Directors declared a quarterly dividend of $0.17 per share for the first quarter 2026, payable on April 10, 2026, to shareholders of record at the close of business on March 31, 2026. Tillkännagivande • Feb 04
Benchmark Electronics, Inc. Provides Earnings Guidance for the First Quarter of 2026 Benchmark Electronics, Inc. provided earnings guidance for the first quarter of 2026. For the quarter, the company expects revenue between $655 million and $695 million. Diluted GAAP earnings per share between $0.31 and $0.37. Tillkännagivande • Jan 21
Benchmark Electronics, Inc. to Report Q4, 2025 Results on Feb 03, 2026 Benchmark Electronics, Inc. announced that they will report Q4, 2025 results After-Market on Feb 03, 2026 Tillkännagivande • Jan 07
Benchmark Electronics, Inc. Appoints Josh Hollin as Senior Vice President and Chief Technology Officer Benchmark Electronics, Inc. announced the appointment of Josh Hollin as Senior Vice President and Chief Technology Officer (CTO). Hollin succeeds Jan Janick, who will retire on January 16, 2026, after a distinguished tenure shaping Benchmark’s engineering strategy and culture of innovation. Hollin brings more than 25 years of experience in engineering leadership, automation, and advanced manufacturing technologies. His career spans executive roles at leading technology companies, where he successfully scaled global engineering organizations, drove AI and robotics innovation, and delivered transformative product development strategies. Most recently, Hollin served as Vice President of Engineering & Technical Program Management at GoPro, where he led hardware and software engineering programs and introduced advanced lifecycle practices to accelerate product delivery. Prior to GoPro, Hollin held senior leadership roles at AMP Robotics and Flex, where he spearheaded global design engineering, autonomous robotics initiatives, and advanced manufacturing solutions. Hollin holds a Master of Business Administration from the University of Kansas, a Bachelor of Science in Mechanical Engineering from Drexel University, and is a Six Sigma Black Belt. Tillkännagivande • Jan 01
Benchmark Electronics, Inc. Announces Retirement of Chief Technology Officer Jan Janick Effective January 16, 2026 Benchmark Electronics, Inc. announced the retirement of Jan Janick as Chief Technology Officer effective January 16, 2026. Mr. Janick's departure is not the result of any disagreement with the Company or its Board of Directors on any matters relating to the Company's operations, policies or practices. Tillkännagivande • Dec 16
Benchmark Electronics Announces Quarterly Cash Dividend, Payable on January 13, 2026 Benchmark Electronics, Inc. announced that its Board of Directors declared a quarterly dividend of $0.17 per share, payable on January 13, 2026, to shareholders of record at the close of business on December 31, 2025. Tillkännagivande • Dec 11
Benchmark Electronics, Inc. Announces Executive Changes Benchmark Electronics, Inc. announced the appointment of David L. Cummings as Senior Vice President (SVP) and Chief Commercial Officer (CCO), effective December 10, 2025. David Cummings brings over 20 years of executive experience in global customer management, supply chain transformation, and commercial operations. He has demonstrated success in leading multi-billion-dollar businesses, launching new market segments, and building partnerships across diverse industries. Most recently, Cummings served as VP General Manager at Flex, where he launched and scaled new market segments, secured significant new bookings, and orchestrated supply chain regionalization to enhance resilience. David Cummings succeeds David Moezidis as Chief Commercial Officer following David Moezidis' promotion to President. David Moezidis previously served as Chief Commercial Officer and has now been promoted to President. Tillkännagivande • Nov 05
Benchmark Electronics, Inc. Provides Earnings Guidance for the Fourth Quarter of 2025 Benchmark Electronics, Inc. provided earnings guidance for the Fourth Quarter of 2025. For the quarter, the company expects revenue between $670 million to $720 million; Diluted GAAP earnings per share between $0.44 to $0.50. Tillkännagivande • Oct 22
Benchmark Electronics, Inc. to Report Q3, 2025 Results on Nov 04, 2025 Benchmark Electronics, Inc. announced that they will report Q3, 2025 results After-Market on Nov 04, 2025 Tillkännagivande • Oct 08
Benchmark Electronics, Inc. Announces Appointment of Michael Slessor to Its Board of Directors Benchmark Electronics, Inc. announced the appointment of Dr. Michael Slessor to its Board of Directors. Dr. Slessor brings more than 25 years of experience in the semiconductor industry. He is currently the CEO of FormFactor, Inc., which he joined with FormFactor’s 2012 acquisition of MicroProbe where he also served as CEO. Previously he held leadership roles at KLA Corporation. Among Dr. Slessor’s notable accomplishments was FormFactor’s successful acquisition and integration of Cascade Microtech, which broadened the company’s product lineup and customer reach. He holds a Ph.D. in Aeronautics and Physics from the California Institute of Technology and a BASc in Engineering Physics from the University of British Columbia. Tillkännagivande • Sep 10
Benchmark Electronics, Inc. Declares Quarterly Cash Dividend, Payable on October 13, 2025 Benchmark Electronics, Inc. announced that its Board of Directors declared a quarterly dividend of $0.17 per share, payable on October 13, 2025, to shareholders of record at the close of business on September 30, 2025. Tillkännagivande • Aug 12
Benchmark Electronics, Inc. Completes Delivery of the Next Phase of High-Tech Surveillance Solutions for U.S. Customs and Border Protection Benchmark Electronics, Inc. announced the successful completion of the delivery of 24 Mobile Vehicle Surveillance Systems with Radar (MVSS-R) for U.S. Customs and Border Protection (CBP) and the Federal Aviation Administration (FAA). This delivery, completed on time and within budget, reaffirms Benchmark's commitment to excellence in developing and deploying advanced surveillance technology that leverages artificial intelligence (AI), radar, and sensor technology to deliver practical, robust solutions to real-world challenges. The MVSS-R platform integrates AI-powered sensor fusion and advanced radar technology to deliver unparalleled situational awareness in dynamic environments. By leveraging Benchmark's expertise in complex systems integration, the program enhances surveillance efficiency and operational effectiveness by seamlessly coordinating radar, AI-based video analytics, and electro-optical/infrared (EO/IR) sensor systems. Benchmark is also working with CBP to address emerging needs, such as enabling autonomous surveillance operations with the MVSS-R platform. The program was led by Benchmark Secure Technology (Secure), a U.S.-based aerospace and defense focused solutions team within Benchmark that develops and deploys custom, ruggedized technology and surveillance solutions. To develop this system, Secure worked closely with Customs and Border Protection leadership and agents in the field. As a full-service engineering and manufacturing partner, Secure oversaw the entire product lifecycle, from concept to final assembly, ensuring the highest quality and performance standards. Secure's expertise as a technology integrator ensured that CBP and the FAA received a field-proven, highly capable solution optimized for their application. Each MVSS-R unit was designed and assembled in the United States, reinforcing Benchmark's commitment to delivering high-quality, reliable solutions through domestic production capabilities. Over half of Benchmark's manufacturing capacity is in North America, including ITAR-registered manufacturing facilities in California, Arizona, Minnesota, New Hampshire, Alabama, and Mexico. Tillkännagivande • Aug 05
Benchmark Electronics, Inc. Appoints Chuck Swoboda to Board of Directors Benchmark Electronics, Inc. announced the appointment of Charles “Chuck” Swoboda to its Board of Directors. Mr. Swoboda brings over three decades of leadership in technology, innovation, and manufacturing experience to Benchmark’s Board. He is the former Chairman and CEO of Cree, Inc., where he led the transformation of the company from a $177 million R&D-focused business into a $1.6 billion global leader in semiconductors and LED lighting. During his tenure, he championed a culture of innovation, launched thousands of new products, and helped secure over 5,000 patents, including 24 as a co-inventor. In addition to his role at Cree, Mr. Swoboda currently serves on the board of Ryder System, Inc. (NYSE: R) and has held board positions at Anixter International, Vesper Technologies, and several early-stage technology companies. He is also the author of The Innovator’s Spirit and serves as Innovator-in-Residence at Marquette University. Mr. Swoboda holds a Bachelor of Science in Electrical Engineering from Marquette University. Tillkännagivande • Jul 31
Benchmark Electronics, Inc. Provides Earnings Guidance for Third Quarter of 2025 Benchmark Electronics, Inc. provided earnings guidance for third quarter of 2025. For the quarter, the company expects revenue between $635 million - $685 million. Diluted GAAP earnings per share between $0.28 - $0.34. Tillkännagivande • Jul 16
Benchmark Electronics, Inc. to Report Q2, 2025 Results on Jul 30, 2025 Benchmark Electronics, Inc. announced that they will report Q2, 2025 results After-Market on Jul 30, 2025 Tillkännagivande • Jun 20
Benchmark Electronics, Inc. Appoints Glynis A. Bryan to Its Board of Directors Benchmark Electronics, Inc. announces the appointment of Glynis A. Bryan to its Board of Directors. Ms. Bryan brings a wealth of financial and operational expertise to Benchmark's Board. She recently retired as Chief Financial Officer of Insight Enterprises, Inc., where she served from 2007 to 2024. Prior to Insight, Ms. Bryan held senior financial leadership positions at Swift Transportation Co., APL Logistics, and Ryder System, Inc. She currently serves on the Boards of Ameriprise Financial, Inc., Pinnacle West Capital Corporation, and WESCO International, Inc. Tillkännagivande • Jun 10
Benchmark Electronics, Inc. Announces Quarterly Cash Dividend, Payable on July 11, 2025 Benchmark Electronics, Inc. announced that its Board of Directors declared a quarterly dividend of $0.17 per share, payable on July 11, 2025, to shareholders of record at the close of business on June 30, 2025. Tillkännagivande • Apr 30
Benchmark Electronics, Inc. Provides Earnings Guidance for the Second Quarter of 2025 Benchmark Electronics, Inc. provided earnings guidance for the second quarter of 2025. For the quarter, the company expects revenue between $615 million - $665 million and diluted GAAP earnings per share between $0.31 - $0.37. Tillkännagivande • Apr 22
Benchmark Electronics, Inc. to Report Q1, 2025 Results on Apr 29, 2025 Benchmark Electronics, Inc. announced that they will report Q1, 2025 results After-Market on Apr 29, 2025 Tillkännagivande • Apr 07
Benchmark Electronics, Inc., Annual General Meeting, May 14, 2025 Benchmark Electronics, Inc., Annual General Meeting, May 14, 2025. Location: 56 south rockford drive, arizona 85288, United States Tillkännagivande • Mar 11
Benchmark Electronics Announces Quarterly Cash Dividend, Payable on April 11, 2025 Benchmark Electronics, Inc. announced that its Board of Directors declared a quarterly dividend of $0.17 per share, payable on April 11, 2025, to shareholders of record at the close of business on March 31, 2025. Tillkännagivande • Jan 30
Benchmark Electronics, Inc. Provides Earnings Guidance for the First Quarter of 2025 Benchmark Electronics, Inc. provided earnings guidance for the first quarter of 2025. For the quarter, the company expects revenue between $620 million - $660 million. Diluted GAAP earnings per share between $0.34 - $0.40. Tillkännagivande • Jan 17
Benchmark Electronics, Inc. to Report Q4, 2024 Results on Jan 29, 2025 Benchmark Electronics, Inc. announced that they will report Q4, 2024 results After-Market on Jan 29, 2025 Board Change • Dec 30
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. Independent Director Doug Britt was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Dec 10
Benchmark Electronics, Inc. Declares Quarterly Cash Dividend, Payable on January 14, 2025 Benchmark Electronics, Inc. announced that its Board of Directors declared a quarterly dividend of $0.17 per share, payable on January 14, 2025, to shareholders of record at the close of business on December 31, 2024. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €48.20, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 13x in the Electronic industry in Germany. Total returns to shareholders of 129% over the past three years. Tillkännagivande • Nov 02
Benchmark Electronics, Inc. Provides Earnings Guidance for the Fourth Quarter of 2024 Benchmark Electronics, Inc. provided earnings guidance for the fourth quarter of 2024. For the quarter, Revenue between $640 million - $680 million and Diluted GAAP earnings per share between $0.40 - $0.46. Board Change • Nov 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. Independent Director Doug Britt was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Oct 15
Benchmark Electronics, Inc. to Report Q3, 2024 Results on Oct 30, 2024 Benchmark Electronics, Inc. announced that they will report Q3, 2024 results After-Market on Oct 30, 2024 Declared Dividend • Sep 16
Second quarter dividend of US$0.17 announced Shareholders will receive a dividend of US$0.17. Ex-date: 30th September 2024 Payment date: 11th October 2024 Dividend yield will be 1.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has increased by an average of 2.1% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 2.5% over the next year, which should provide support to the dividend and adequate earnings cover. Recent Insider Transactions • Aug 30
Independent Director recently sold €270k worth of stock On the 26th of August, Jeffrey McCreary sold around 7k shares on-market at roughly €38.24 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.5m more than they bought in the last 12 months. Reported Earnings • Jul 31
Second quarter 2024 earnings released: EPS: US$0.43 (vs US$0.39 in 2Q 2023) Second quarter 2024 results: EPS: US$0.43 (up from US$0.39 in 2Q 2023). Revenue: US$665.9m (down 9.2% from 2Q 2023). Net income: US$15.5m (up 11% from 2Q 2023). Profit margin: 2.3% (up from 1.9% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.4% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. New Risk • Jul 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Significant insider selling over the past 3 months (€640k sold). Tillkännagivande • Jul 17
Benchmark Electronics, Inc. to Report Q2, 2024 Results on Jul 30, 2024 Benchmark Electronics, Inc. announced that they will report Q2, 2024 results After-Market on Jul 30, 2024 Declared Dividend • Jun 17
First quarter dividend of US$0.17 announced Shareholders will receive a dividend of US$0.17. Ex-date: 28th June 2024 Payment date: 12th July 2024 Dividend yield will be 1.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 1.6% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 4.7% over the next year, which should provide support to the dividend and adequate earnings cover. Tillkännagivande • Jun 13
Benchmark Electronics, Inc. Declares Quarterly Dividend, Payable on July 12, 2024 Benchmark Electronics, Inc. announced that its Board of Directors declared a quarterly dividend of $0.165 per share, payable on July 12, 2024, to shareholders of record at the close of business on June 28, 2024. New Risk • Jun 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.9% average weekly change). Significant insider selling over the past 3 months (€640k sold). Recent Insider Transactions • May 09
Independent Director recently sold €367k worth of stock On the 8th of May, Jeffrey McCreary sold around 10k shares on-market at roughly €36.75 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.2m more than they bought in the last 12 months. New Risk • May 03
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.9% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (€567k sold). Tillkännagivande • May 03
Benchmark Electronics, Inc. Provides Earnings Guidance for the Second Quarter of 2024 Benchmark Electronics, Inc. provided earnings guidance for the second quarter of 2024. For the quarter, the company expects revenue between $615 million - $655 million and diluted GAAP earnings per share between $0.32 - $0.38. Reported Earnings • May 02
First quarter 2024 earnings released: EPS: US$0.39 (vs US$0.35 in 1Q 2023) First quarter 2024 results: EPS: US$0.39 (up from US$0.35 in 1Q 2023). Revenue: US$675.6m (down 2.8% from 1Q 2023). Net income: US$14.0m (up 13% from 1Q 2023). Profit margin: 2.1% (up from 1.8% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.0% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Apr 28
Benchmark Electronics, Inc. to Report Q1, 2024 Results on May 01, 2024 Benchmark Electronics, Inc. announced that they will report Q1, 2024 results After-Market on May 01, 2024 Tillkännagivande • Apr 13
Benchmark Electronics, Inc., Annual General Meeting, May 22, 2024 Benchmark Electronics, Inc., Annual General Meeting, May 22, 2024, at 08:00 Mountain Standard Time. Location: Benchmark Electronics, Inc. 56 South Rockford Drive Tempe Arizona United States Agenda: To elect nine directors to serve on the Company's Board of Directors until the 2025 annual meeting of shareholders and until their successors are duly elected and qualified; to approve the advisory resolution approving the compensation of the Company's named executive officers; to ratify the appointment of KPMG LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024; and to transact such other business as may properly come before the meeting or any adjournment thereof. Upcoming Dividend • Mar 20
Upcoming dividend of US$0.17 per share Eligible shareholders must have bought the stock before 27 March 2024. Payment date: 12 April 2024. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (5.0%). Higher than average of industry peers (1.4%). Declared Dividend • Mar 18
Fourth quarter dividend of US$0.17 announced Shareholders will receive a dividend of US$0.17. Ex-date: 27th March 2024 Payment date: 12th April 2024 Dividend yield will be 2.3%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased by an average of 1.6% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 21% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Tillkännagivande • Mar 12
Benchmark Electronics, Inc. Announces Quarterly Cash Dividend, Payable on April 12, 2024 Benchmark Electronics, Inc. announced that its Board of Directors declared a quarterly dividend of $0.165 per share, payable on April 12, 2024, to shareholders of record at the close of business on March 29, 2024. Reported Earnings • Feb 28
Full year 2023 earnings released: EPS: US$1.81 (vs US$1.94 in FY 2022) Full year 2023 results: EPS: US$1.81 (down from US$1.94 in FY 2022). Revenue: US$2.84b (down 1.6% from FY 2022). Net income: US$64.3m (down 5.7% from FY 2022). Profit margin: 2.3% (down from 2.4% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 2 years compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Feb 19
Insider recently sold €225k worth of stock On the 15th of February, Rhonda Turner sold around 8k shares on-market at roughly €28.16 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €342k. Insiders have been net sellers, collectively disposing of €567k more than they bought in the last 12 months. Recent Insider Transactions • Feb 08
Senior VP & CTO recently sold €342k worth of stock On the 5th of February, Jan Janick sold around 12k shares on-market at roughly €27.97 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Feb 01
Full year 2023 earnings released: EPS: US$1.81 (vs US$1.94 in FY 2022) Full year 2023 results: EPS: US$1.81 (down from US$1.94 in FY 2022). Revenue: US$2.84b (down 1.6% from FY 2022). Net income: US$64.3m (down 5.7% from FY 2022). Profit margin: 2.3% (down from 2.4% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 2 years compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Feb 01
Benchmark Electronics, Inc. Provides Earnings Guidance for the First Quarter of 2024 Benchmark Electronics, Inc. provided earnings guidance for the first quarter of 2024. For the first quarter, the company expects revenue between $625 million - $665 million and Diluted GAAP earnings per share between $0.32 - $0.38. Tillkännagivande • Jan 18
Benchmark Electronics, Inc. to Report Q4, 2023 Results on Jan 31, 2024 Benchmark Electronics, Inc. announced that they will report Q4, 2023 results After-Market on Jan 31, 2024 Upcoming Dividend • Dec 21
Upcoming dividend of US$0.17 per share at 2.4% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 12 January 2024. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (1.5%). Tillkännagivande • Dec 14
Benchmark Electronics, Inc. Announces Quarterly Cash Dividend, Payable on January 12, 2024 Benchmark Electronics, Inc. announced that its Board of Directors declared a quarterly dividend of $0.165 per share, payable on January 12, 2024, to shareholders of record at the close of business on December 29, 2023. Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: US$0.57 (vs US$0.54 in 3Q 2022) Third quarter 2023 results: EPS: US$0.57 (up from US$0.54 in 3Q 2022). Revenue: US$719.7m (down 6.7% from 3Q 2022). Net income: US$20.4m (up 8.4% from 3Q 2022). Profit margin: 2.8% (up from 2.4% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.6% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Oct 26
Benchmark Electronics, Inc. Provides Earnings Guidance for the Fourth Quarter 2023 Benchmark Electronics, Inc. provided earnings guidance for the fourth quarter 2023. For the quarter, the company expects revenue to be between $675 million to $725 million and diluted GAAP earnings per share to be between $0.49 to $0.55. Tillkännagivande • Oct 19
Benchmark Electronics, Inc. to Report Q3, 2023 Results on Oct 25, 2023 Benchmark Electronics, Inc. announced that they will report Q3, 2023 results After-Market on Oct 25, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of US$0.17 per share at 2.8% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 13 October 2023. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.5%). Tillkännagivande • Sep 12
Benchmark Electronics, Inc. Declares Quarterly Dividend, Payable on October 13, 2023 Benchmark Electronics, Inc. announced that its Board of Directors declared a quarterly dividend of $0.165 per share, payable on October 13, 2023, to shareholders of record at the close of business on September 29, 2023. Reported Earnings • Aug 01
Second quarter 2023 earnings released: EPS: US$0.39 (vs US$0.49 in 2Q 2022) Second quarter 2023 results: EPS: US$0.39 (down from US$0.49 in 2Q 2022). Revenue: US$733.2m (flat on 2Q 2022). Net income: US$14.0m (down 19% from 2Q 2022). Profit margin: 1.9% (down from 2.4% in 2Q 2022). Revenue is forecast to grow 3.1% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Jul 13
Benchmark Electronics, Inc. to Report Q2, 2023 Results on Jul 31, 2023 Benchmark Electronics, Inc. announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Jul 31, 2023 Upcoming Dividend • Jun 22
Upcoming dividend of US$0.17 per share at 2.6% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 13 July 2023. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.2%). Tillkännagivande • Jun 13
Benchmark Electronics, Inc. Declares Quarterly Dividend, Payable on July 13, 2023 Benchmark Electronics, Inc. announced that its board of directors declared a quarterly dividend of $0.165 per share, payable on July 13, 2023, to shareholders of record at the close of business on June 30, 2023. Reported Earnings • May 04
First quarter 2023 earnings released: EPS: US$0.35 (vs US$0.31 in 1Q 2022) First quarter 2023 results: EPS: US$0.35 (up from US$0.31 in 1Q 2022). Revenue: US$694.7m (up 9.2% from 1Q 2022). Net income: US$12.4m (up 13% from 1Q 2022). Profit margin: 1.8% (in line with 1Q 2022). Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Tillkännagivande • May 04
Benchmark Electronics, Inc. Provides Revenue Guidance for the Second Quarter of 2023 Benchmark Electronics, Inc. provided revenue guidance for the second quarter of 2023. For the quarter, the company expects Revenue between $670 million - $710 million. Upcoming Dividend • Mar 23
Upcoming dividend of US$0.17 per share at 2.9% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 13 April 2023. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.0%). Reported Earnings • Feb 03
Full year 2022 earnings released: EPS: US$1.94 (vs US$1.00 in FY 2021) Full year 2022 results: EPS: US$1.94 (up from US$1.00 in FY 2021). Revenue: US$2.89b (up 28% from FY 2021). Net income: US$68.2m (up 91% from FY 2021). Profit margin: 2.4% (up from 1.6% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.9% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to €21.40, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 20x in the Electronic industry in Germany. Total loss to shareholders of 18% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €25.66 per share. Tillkännagivande • Feb 02
Benchmark Electronics, Inc. Provides Earnings Guidance for the First Quarter of 2023 Benchmark Electronics, Inc. provided earnings guidance for the first quarter of 2023. For the quarter, the company’s revenue between $640 million to $680 million and diluted GAAP earnings per share between $0.35 to $0.40. Tillkännagivande • Jan 25
Benchmark Electronics, Inc. to Report Q4, 2022 Results on Feb 01, 2023 Benchmark Electronics, Inc. announced that they will report Q4, 2022 results After-Market on Feb 01, 2023 Tillkännagivande • Jan 10
Benchmark Electronics, Inc. Announces Executive Changes Benchmark Electronics, Inc. announced the appointment of Douglas Britt as an independent director to the Company's Board of Directors, effective immediately. Benchmark also announced the retirement of Douglas Duncan, who has served as a board member since 2006, also effective January 9, 2023. Mr. Britt currently serves as President and Chief Executive Officer of Boyd Corporation. Before joining Boyd in 2020, Mr. Britt was with Flex from 2012 to 2020, where he served as President of its Integrated Solutions division. Mr. Britt's previous positions include Corporate Vice President and Managing Director for the Americas at Future Electronics from 2009 to 2012, Senior Vice President of worldwide sales, marketing, and operations at Silicon Graphics from 2007 to 2009, and Executive Vice President of sales, operations, and supply chain at Solectron Corporation from 2000 to 2007. Mr. Britt currently serves on the board of directors of Helios Technologies and is a member of the Helios compensation committee and audit committee. He holds a Bachelor of Science in Business Administration from California State University, and has attended executive education programs throughout Europe, including the University of London. Upcoming Dividend • Dec 22
Upcoming dividend of US$0.17 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 13 January 2023. Payout ratio is a comfortable 39% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (1.1%). Tillkännagivande • Dec 13
Benchmark Electronics, Inc. Announces Quarterly Cash Dividend, Payable on January 13, 2023 Benchmark Electronics, Inc. announced that its Board of Directors declared a quarterly dividend of $0.165 per share, payable on January 13, 2023 to shareholders of record at the close of business on December 30, 2022. Recent Insider Transactions • Nov 06
Independent Director recently sold €878k worth of stock On the 2nd of November, Jeffrey McCreary sold around 30k shares on-market at roughly €29.27 per share. This transaction amounted to 42% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €870k more than they bought in the last 12 months.