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business / markets7 months ago

BENCHMARK ELECTRONICS INC SEC 10-Q Report

https://www.tradingview.com/news/tradingview:14d862c6ec8ba:0-benchmark-electronics-inc-sec-10-q-report/
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BENCHMARK ELECTRONICS INC SEC 10-Q Report Open in Tradingview.com
Highlights
  • Benchmark's Q2 revenue dropped 6% to $631.8M amid ongoing global supply chain issues.
  • Net income fell 75% to $3.6M as component shortages and logistics hurdles hit profits.
  • The company plans to invest $60-70M to boost manufacturing capacity and supply chain resilience.
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