Benchmark Electronics Q2 profit, sales beats expectations

Overview

• Benchmark Electronics Q2 2025 revenue of $642 mln beats analyst expectations, per LSEG data

• Adjusted EPS for Q2 2025 exceeds analyst estimates, per LSEG data

• Company achieved multi-year record in new bookings during Q2 2025

Outlook

• Benchmark expects Q3 revenue between $635 mln and $685 mln

• Company anticipates Q3 GAAP EPS between $0.28 and $0.34

• Benchmark forecasts Q3 non-GAAP EPS between $0.56 and $0.62

• Company sees bookings momentum driving growth in coming quarters

Result Drivers

• SECTOR GROWTH - Sequential growth in most sectors, with strength in A&D and recovery in Industrial and Medical sectors

• NEW BOOKINGS - Achieved multi-year record in new bookings during Q2, indicating strong demand

• MARGIN IMPROVEMENT - Margin improvement driven by strategic execution and customer commitment

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the electronic equipment & parts peer group is "buy"

• Wall Street's median 12-month price target for Benchmark Electronics Inc is $45.50, about 11.7% above its July 29 closing price of $40.19

• The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release: ID:nBwbJKtKda