Benchmark Electronics, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 28, 2021 at 04:50 pm EDT
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Benchmark Electronics, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 544.662 million compared to USD 490.966 million a year ago. Operating income was USD 10.699 million compared to operating loss of USD 1.872 million a year ago. Net income was USD 7.369 million compared to net loss of USD 3.407 million a year ago. Basic earnings per share from continuing operations was USD 0.21 compared to basic loss per share from continuing operations of USD 0.09 a year ago. Diluted earnings per share from continuing operations was USD 0.2 compared to diluted loss per share from continuing operations of USD 0.09 a year ago. For the half year, sales was USD 1,050.383 million compared to USD 1,005.930 million a year ago. Operating income was USD 22.633 million compared to USD 4.618 million a year ago. Net income was USD 15.286 million compared to USD 445,000 a year ago. Basic earnings per share from continuing operations was USD 0.42 compared to USD 0.01 a year ago.
Benchmark Electronics, Inc. provides comprehensive solutions across the entire product life cycle through its technology and engineering design services, leveraging its global supply chain and delivering manufacturing services in various industries. The Company provides advanced manufacturing services (electronic manufacturing services (EMS) and precision technology (PT) services), which includes design and engineering services and technology solutions. Its specialization in packaging and interconnect technologies include printed circuit board assembly (PCBA) and test, component engineering services, systems assembly and test, and failure analysis. The Company offers complex PT services, including full electromechanical assembly and test services. Its design and engineering services and technology solutions include new product design, prototype, testing and related engineering services; custom test and automation equipment design and build services, and technology solutions.