Benchmark Electronics Inc Q3 Income Falls 18%

(RTTNews) - Benchmark Electronics Inc (BHE) announced earnings for third quarter that decreased from last year.

The company said its profit came in at $18 million, or $0.36 per share. This was down from $22 million, or $0.43 per share, in last year's third quarter.

The company said revenue for the quarter fell 8.9% to $574 million. This was down from $630 million last year.

Benchmark Electronics Inc earnings at a glance:

-Earnings (Q3): $18 Mln. vs. $22 Mln. last year. -Earnings Decline (Y-o-Y): -18.2% -EPS (Q3): $0.36 vs. $0.43 last year. -EPS Decline (Y-o-Y): -16.3% -Revenue (Q3): $574 Mln vs. $630 Mln last year. -Revenue Change (Y-o-Y): -8.9%

-Guidance: Next quarter EPS guidance: $0.39-$0.43 Next quarter revenue guidance: $590-$610 Mln