Benchmark Electronics Inc Q3 adjusted earnings Beat Estimates

(RTTNews) - Benchmark Electronics Inc (BHE) announced earnings for its third quarter that climbed from the same period last year.

The company's bottom line came in at $8.07 million, or $0.23 per share. This compares with $5.92 million, or $0.16 per share, in last year's third quarter.

Excluding items, Benchmark Electronics Inc reported adjusted earnings of $13.93 million or $0.39 per share for the period.

Analysts had expected the company to earn $0.38 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 8.7% to $571.88 million from $525.95 million last year.

Benchmark Electronics Inc earnings at a glance:

-Earnings (Q3): $13.93 Mln. vs. $9.76 Mln. last year. -EPS (Q3): $0.39 vs. $0.32 last year. -Analysts Estimate: $0.38 -Revenue (Q3): $571.88 Mln vs. $525.95 Mln last year.

-Guidance: Next quarter EPS guidance: $0.37 - $0.45 Next quarter revenue guidance: $560 mln - $610 mln