Benchmark Electronics Inc Q1 Profit Rises 13%

(RTTNews) - Benchmark Electronics Inc (BHE) released earnings for its first quarter that climbed from last year.

The company said its bottom line advanced to $17 million, or $0.34 per share. This was higher than $15 million, or $0.30 per share, in last year's first quarter.

Analysts had expected the company to earn $0.26 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.3% to $567 million. This was up from $549 million last year.

Benchmark Electronics Inc earnings at a glance:

-Earnings (Q1): $17 Mln. vs. $15 Mln. last year. -Earnings Growth (Y-o-Y): 13.3% -EPS (Q1): $0.34 vs. $0.30 last year. -EPS Growth (Y-o-Y): 13.3% -Analysts Estimate: $0.26 -Revenue (Q1): $567 Mln vs. $549 Mln last year. -Revenue Change (Y-o-Y): 3.3%

-Guidance: Next quarter EPS guidance: $0.31 - $0.35 Next quarter revenue guidance: $565 - $585 Mln