Benchmark Electronics reports Q2 non-GAAP EPS 57c, consensus 51c

Reports Q2 revenue $666M, consensus $635.75M. “Once again Benchmark delivered solid results, demonstrating consistent progress toward achieving our longer-term operational objectives,” said CEO Jeff Benck. “While market uncertainty persists across a number of our sectors, we remain focused on executing for our customers while protecting margins, driving down inventories and delivering positive free cash flow, which we now expect to exceed $120M in FY24.”