TEMPE, AZ – Benchmark Electronics announced $666 million in revenue for the second quarter, down 9.1% from last year's second quarter.

For the third quarter, the company forecasts revenue between $630 million and $670 million.

"Once again Benchmark delivered solid results, demonstrating consistent progress toward achieving our longer-term operational objectives," said Jeff Benck, Benchmark president and CEO. "While market uncertainty persists across a number of our sectors, we remain focused on executing for our customers while protecting margins, driving down inventories and delivering positive free cash flow, which we now expect to exceed $120 million in fiscal year 2024."