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Sep 30, 2021
Benchmark Q3 2021 Earnings Report
Benchmark's Q3 2021 results reflected revenue growth and strong operational performance amidst supply chain constraints.
Key Takeaways
Benchmark Electronics reported a strong third quarter in 2021, with revenue reaching $572 million, a 9% increase year-over-year. The company experienced significant growth in the Semi-Cap and Industrials sectors, with revenue increases of 35% and 26% respectively. Non-GAAP gross margins improved to 9.4%, and non-GAAP operating margins also saw improvement.
Quarterly revenue reached $572 million, reflecting 9% year-over-year growth.
Semi-Cap revenue increased by 35% year-over-year.
Industrials revenue grew by 26% year-over-year.
GAAP diluted EPS was reported at $0.23, and non-GAAP diluted EPS at $0.39.
Benchmark
Benchmark
Benchmark Revenue by Segment
Revenue by Segment
Semi-Cap Revenue
CapyFin.comIndustrial Revenue
CapyFin.comMedical Revenue
CapyFin.com Forward Guidance
For the fourth quarter of 2021, Benchmark anticipates revenue between $560 million and $610 million, with diluted GAAP earnings per share between $0.24 and $0.32, and diluted non-GAAP earnings per share between $0.37 and $0.45.
Revenue & Expenses
Visualization of income flow from segment revenue to net income