NYSE$BHE

Benchmark Electronics Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Benchmark reported first quarter results with revenue of $515 million and GAAP EPS of $0.10.

Benchmark Electronics reported first quarter 2020 results, with revenue of $515 million and GAAP diluted EPS of $0.10. The company experienced growth in Semi-Cap, A&D, and Medical sectors, but faces uncertainty due to the COVID-19 pandemic.

  • Quarterly revenue reached $515 million.
  • Semi-Cap revenue increased by 25% year-over-year.
  • A&D revenue grew by 15% year-over-year.
  • Medical revenue increased by 14% year-over-year.

Headline financials

Total Revenue

$515M

Previous: $603M-14.6%
EPS (adj)

$0.22

Previous: $0.33-33.3%
Cash Conversion Cycle

81

No prior period
Capital Expenditures

-$11.9M

Previous: -$9.33M-27.1%
Free Cash Flow

-$8M

Previous: $4.45M-280.0%
Net Income

$3.85M

Previous: $13.8M-72.0%
Operating Income

$6.49M

Previous: $16.1M-59.7%
Gross Profit

$43.4M

Previous: $53.8M-19.4%
Cash & Equivalents

$412M

Previous: $395M+4.2%
Total Assets

$1.82B

Previous: $1.87B-2.4%
Stock-Based Comp

$2.74M

Previous: $2.77M-1.2%

Revenue & EPS history

Benchmark · Revenue · Quarterly

$515M

Q1 2020-14.6%vs Q1 2019
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Revenue by segment

Benchmark · $304M total across 3 segments · Q1 2020

  • Medical
    $118M+14.6%
  • Industrials
    $103M-11.2%
  • Semi-Cap
    $83M+25.8%

Forward guidance

Due to the effects of the COVID-19 pandemic, Benchmark is unable to forecast with certainty the effect on Benchmark’s financial and operational results for the second quarter of 2020.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

-0.3%

Avg return

Earnings day

+0.3%

Avg return

5 days after

+2.7%

Avg return

30 days after

54%

37 / 69 earnings

Positive

+18.4%

Q1 2024

Best reaction

-18.1%

Q2 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+5.2%+16.8%+16.6%
Q4 2025+3.8%+5.0%-5.6%
Q3 2025+8.1%+4.7%+9.2%
Q2 2025-2.5%-0.4%+3.4%
Q1 2025-15.0%-9.3%-4.6%
Q4 2024-3.2%-6.3%-9.0%
Q3 2024-4.3%-0.2%+7.2%
Q1 2024+18.4%+26.0%+42.6%
Q4 2023+7.0%+9.0%+12.9%
Q3 2023+3.7%+4.3%+9.9%
Q2 2023+2.5%+0.6%-1.5%
Q1 2023-1.6%-4.1%+12.5%
Q4 2022-11.5%-10.9%-14.1%
Q3 2022-6.8%-2.1%-1.6%
Q2 2022+3.4%+2.4%+1.3%
Q1 2022-2.7%+0.1%+3.3%
Q4 2021+4.0%+0.7%+5.8%
Q3 2021-9.6%-6.4%-5.9%
Q2 2021+7.5%+5.8%+8.7%
Q1 2021+0.1%+2.4%+2.4%
Q4 2020+1.9%+3.8%+10.3%
Q3 2020+0.6%+4.6%+22.8%
Q2 2020+1.7%+4.2%+1.5%
Q1 2020-6.6%-10.2%-4.2%
Q4 2019-13.9%-18.4%-4.1%
Q3 2019+2.7%+10.5%+6.2%
Q2 2019+5.5%+6.6%+3.2%
Q1 2019-8.7%-8.0%-21.5%
Q4 2018+3.5%+3.6%-1.6%
Q3 2018-1.4%+7.0%+7.0%
Q2 2018-18.1%-18.4%-12.7%
Q1 2018-9.0%-13.5%-8.9%
Q4 2017+4.8%+4.5%+14.0%
Q3 2017-12.2%-13.6%-13.6%
Q2 2017-2.3%-0.7%-7.9%
Q1 2017+3.7%+2.3%+0.6%
Q4 2016+7.9%+5.9%+1.6%
Q3 2016+1.4%+1.0%+11.0%
Q2 2016+2.0%+3.2%+6.0%
Q1 2016-13.6%
Q4 2015+4.0%
Q3 2015-10.0%
Q2 2015+5.6%
Q1 2015-0.9%
Q4 2014-9.0%
Q3 2014+5.5%
Q2 2014+2.8%
Q1 2014-0.0%
Q4 2013+2.7%
Q3 2013+3.1%
Q2 2013+3.3%
Q1 2013-0.7%
Q4 2012+0.8%
Q3 2012+2.2%
Q2 2012+10.5%
Q1 2012+7.6%
Q4 2011-0.1%
Q2 2009-0.1%
Q1 2009-0.1%
Q3 2011-8.4%
Q2 2011+0.5%
Q1 2010+0.9%
Q1 2011-0.7%
Q4 2008+4.1%
Q4 2010+4.1%
Q3 2009-1.3%
Q3 2010-1.3%
Q2 2010-0.7%
Q4 2009-0.7%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro