Benchmark Electronics Inc. (BHE) Q3 2024 Earnings Call Transcript Summary
Benchmark Electronics Inc. (BHE) Q3 2024 Earnings Call Transcript Summary
Non-GAAP The following is a summary of the Benchmark Electronics Inc. (BHE) Q3 2024 Earnings Call Transcript:
以下是Benchmark Electronics Inc. (BHE) 2024年第三季度业绩电话会议简报：
Financial Performance:
金融业绩：
Benchmark Electronics reported Q3 2024 revenue of $658 million, above the midpoint of the guidance range.
Non-GAAP gross margin for the quarter was 10.2%, marking the fourth consecutive quarter of achieving 10% or better.
Non-GAAP operating margin reached 5.3%, representing the 16th consecutive quarter of year-over-year expansion.
Delivered $0.57 in non-GAAP EPS, aligning with the higher end of the guidance range.
Benchmark Electronics报告2024年第三季度营业收入为65800万美元，高于指导范围中点。
本季度非通用会计净毛利率为10.2%，标志着连续第四个季度实现10%或以上。
非通用会计营业利润率达到5.3%，代表连续第16个季度同比扩张。
每股0.57美元的非通用每股收益，与指导范围的高端保持一致。
Business Progress:
业务进展：
Benchmark continues to focus on high value sectors despite near-term macroeconomic headwinds, indicating a multiyear growth cycle in the EMS industry.
Notable revenue growth and share gains were observed in the semicap sector, with revenue up 13% year-over-year.
Significant new business wins and ongoing capacity expansion including a new facility in Penang to support growth in semicap and aerospace sectors.
Free cash flow generated in the quarter amounted to $29 million, with a trailing 12 month total of $245 million.
Benchmark继续专注于高价值行业板块，尽管短期宏观经济面临阻力，但预示着EMS行业多年增长周期。
半导体板块营业收入增长显著，股份增长，同比增长13%。
重要的新业务赢得和持续的产能扩张包括在槟城设立一个新设施以支持半导体和航空航天行业的增长。
季度自由现金流达到2900万美元，过去12个月的总额为24500万美元。
Opportunities:
机会：
Benchmark anticipates revenue growth driven by the semiconductor sector and aerospace applications, benefiting from recent wins and an expanding capacity.
Positive outlook for operational and shareholder value enhancement through disciplined capital management and strategic reinvestment.
benchmark electronics预计受半导体板块和航空航天应用带动的营收增长，受益于最近的成功和产能扩大。
通过严格的资本管理和战略再投资，运营和股东价值有望实现积极前景。
Risks:
风险：
Continued weakness in the industrial, medical, and communications sectors could weigh on overall growth despite sector-based successes.
Potential prolonged weakness in medical devices and inventory rebalancing impacting sector performance.
尽管在工业，医疗和通信领域的持续疲软可能会拖累整体增长，但在行业板块取得成功。
医疗设备可能出现持续疲软，库存再平衡影响了该板块的表现。
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：本文由AI生成。文章内容的准确性无法完全保证。有关更全面的详细信息，请参阅IR网站。本文只是为投资者提供参考，没有任何指导或推荐建议。
