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BENCHMARK ELECTRONICS REPORTS RECORD NET SALES AND RECORD NET INCOME FOR QUARTER AND NINE MONTH PERIOD ENDED SEPT. 30, 1993

 CLUTE, Texas, Oct. 18 /PRNewswire/ -- Benchmark Electronics, Inc. (AMEX: BHE) reports record net sales and record net income for the third quarter and nine months ended Sept. 30, 1993. The company earned a record $1,232,000 (30 cents per share) on record net sales of $19,574,000 for the quarter ended Sept. 30, 1993. A year ago, third quarter earnings were $862,000 (22 cents per share) on net sales of $15,070,000.
 Benchmark earned $3,205,000 (79 cents per share) on net sales of $51,834,000 for the nine month period. For the comparable period a year ago, net income was $2,208,000 (60 cents per share) on net sales of $36,608,000.
 Benchmark Electronics provides contract manufacturing services to original equipment manufacturers in the electronics industry, including manufacturers of medical devices, communications equipment, industrial and business computers, testing instrumentation, and industrial instruments. The company's stock trades on the American Stock Exchange using the symbol BHE.
 BENCHMARK ELECTRONICS, INC.
 Consolidated Statements of Operations
 (Unaudited, in thousands, except per share amounts)
 Three Months Nine Months
 Periods ended
 Sept. 30 1993 1992 1993 1992
 Net sales $ 19,574 $ 15,070 $ 51,834 $ 36,608
 Costs and expenses:
 Cost of goods sold 17,053 13,188 45,205 31,523
 Selling expenses 319 367 969 1,030
 General & Administrative 373 350 1,205 961
 Operating income 1,829 1,165 4,455 3,094
 Interest income
 (expense)-net 93 118 300 246
 Amortization of excess
 of acquired net
 assets over costs 9 27 63 81
 Other income (expense)-net 1 0 (12) 25
 Income before income
 taxes 1,932 1,310 4,806 3,446
 Income taxes 700 448 1,717 1,238
 Cumulative effect at
 Jan. 1, 1993, of
 change in accounting
 for income taxes 0 0 116 0
 Net Income 1,232 862 3,205 2,208
 Net income per common
 share $ .30 $ .22 $ .79 $ .60
 Weighted average
 common shares
 outstanding 4,047 3,985 4,047 3,686
 -0- 10/18/93
 /CONTACT: Donald E. Nigbor, president, or Cary T. Fu, executive vice president of Benchmark Electronics, 409-265-0991/
 (BHE)


CO: Benchmark Electronics, Inc. ST: Texas IN: CPR SU: ERN

WB -- NY037 -- 3304 10/18/93 10:46 EDT
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Date:Oct 18, 1993
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