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Benchmark: 3Q Earnings Snapshot

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  • BHE

SCOTTSDALE, Ariz. (AP) _ Benchmark Electronics Inc. (BHE) on Tuesday reported third-quarter profit of $7.8 million.

The Scottsdale, Arizona-based company said it had net income of 17 cents per share. Earnings, adjusted for one-time gains and costs, were 33 cents per share.

The electronic manufacturing services company posted revenue of $640.7 million in the period.

For the current quarter ending in December, Benchmark expects its per-share earnings to range from 32 cents to 40 cents.

The company said it expects revenue in the range of $610 million to $650 million for the fiscal fourth quarter.

Benchmark shares have declined 21 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $22.98, a drop of 25 percent in the last 12 months.

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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