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Benchmark: 1Q Earnings Snapshot

TEMPE, Ariz. (AP) _ Benchmark Electronics Inc. (BHE) on Wednesday reported first-quarter net income of $13.8 million, after reporting a loss in the same period a year earlier.

The Tempe, Arizona-based company said it had net income of 34 cents per share. Earnings, adjusted for one-time gains and costs, came to 33 cents per share.

The electronic manufacturing services company posted revenue of $602.8 million in the period.

For the current quarter ending in July, Benchmark expects its per-share earnings to range from 28 cents to 36 cents.

The company said it expects revenue in the range of $555 million to $585 million for the fiscal second quarter.

Benchmark shares have increased 42 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $29.99, a decrease of slightly more than 1 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BHE at https://www.zacks.com/ap/BHE