TEMPE, Ariz. (AP) 鈥� TEMPE, Ariz. (AP) 鈥� Benchmark Electronics Inc. (BHE) on Wednesday reported first-quarter profit of $13 million.
The Tempe, Arizona-based company said it had profit of 36 cents per share. Earnings, adjusted for one-time gains and costs, came to 58 cents per share.
The electronic manufacturing services company posted revenue of $677.3 million in the period.
For the current quarter ending in June, Benchmark expects its per-share earnings to range from 65 cents to 71 cents.
The company said it expects revenue in the range of $700 million to $740 million for the fiscal second quarter.
Benchmark shares have increased 69% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $72.40, a climb of 89% in the last 12 months.
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