Benchmark Electronics Inc Q2 Profit Advances 12%

(RTTNews) - Benchmark Electronics Inc (BHE) announced earnings for its second quarter that gained ground compared to the same period last year.

The company said its bottom line advanced to $19 million, or $0.38 per share. This was higher than $17 million, or $0.35 per share, in last year's second quarter.

Analysts had expected the company to earn $0.34 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 6.6% to $617 million. This was up from $579 million last year.

Benchmark Electronics Inc earnings at a glance:

-Earnings (Q2): $19 Mln. vs. $17 Mln. last year. -Earnings Growth (Y-o-Y): 11.8% -EPS (Q2): $0.38 vs. $0.35 last year. -EPS Growth (Y-o-Y): 8.6% -Analysts Estimate: $0.34 -Revenue (Q2): $617 Mln vs. $579 Mln last year. -Revenue Change (Y-o-Y): 6.6%

-Guidance: Next quarter EPS guidance: $0.32 - $0.36 Next quarter revenue guidance: $575 - $595 Mln