Benchmark Electronics, Inc.

Please press star zero for the operator. This call is being recorded on July 30th, 2025. I would now like to turn the conference over to Paul Maskey, please go ahead.

Thank you, Constantine, and thanks everyone for joining us today for Benchmark's second quarter 2025 earnings call. With us today are Jeff Bank, our CEO and president, Brian Shoemaker, our CFO, and David Moissides, our chief commercial officer. After the market closed, we issued an earnings release pertaining to our financial performance for the second quarter ending June, 2025. And we have prepared presentation, which we will reference on this call. Both the press release and presentation are available under the investor relations section of our website at bench.com. This call is being webcast live and a replay will be available online approximately one hour after we conclude. The company has provided reconciliation of our gap to non-gap measures in the earnings release, as well as in the appendix to the presentation. Please take a minute to review the forward looking statements disclosure on slide two in the presentation. During our call, we will discuss forward looking information. As a reminder, any of today's remarks, which are not statements of historical fact, are forward looking statements, which involve the risks and uncertainties as described in our press releases and SEC filings. Actual results may differ materially from these statements. Benchmark undertakes no obligation to update any forward looking statements. For today's call, Jeff will start with an overview followed by Brian's detail of our future results and forward guidance. We will then turn the call over to David, who will discuss demand trends by sector and some additional color on recent wins. Jeff will conclude with some final remarks before opening the call for Q&A. If you will please turn to slide four, I'll turn the call over to our CEO, Jeff Bang.

Thank you, Paul. Good afternoon and thanks to everyone for joining today's call. Before I get started, I'd like to welcome David Moesades to the call. Since joining Benchmark two years ago in the new role on our team as Chief Commercial Officer, David's brought a wealth of industry experience and operational knowledge to the company. Our second quarter 2025 results once again demonstrated consistent execution with revenue of 642 million, and non-gap EPS of 55 cents, both at the midpoint of our prior guidance. From a highlight perspective, this past quarter represented the seventh consecutive quarter of greater than 10% gross margin. We also experienced double digit annual revenue growth in two sectors and grew sequentially in three of five in the quarter. As we'll discuss more later in the call, we expect this sequential momentum to continue in Q3 and bodes well for our return to annual growth in fourth quarter. This outlook is further bolstered by our multi-year record brokings in the quarter, led by medical and AC&C, two sectors that have been slower to recover. Turning to slide five, let's review the progress we made toward our strategic objectives in the quarter. -over-year sector revenue performance was again led by SemiCap and A&D. We're targeting and winning the right business and delivering increasing value add to our customers, which is driving our gross margin performance. At the same time, with our globally diversified manufacturing footprint, we can offer our customers flexibility as they consider tariff implications and look to optimize their global supply chains. Our value proposition is clearly resonating, and we are encouraged by our strong bookings and new deal pipeline. I'm also encouraged by the number of current customers that are choosing to award more programs to us, which is a testament to our operations team's strong performance. Before I wrap, I'm pleased to highlight that we also successfully refinance our debt in the quarter at attractive rates, as well as repatriated a significant amount of cash from China and Thailand in the quarter. I'd like to now turn the call over to Brian for more detail on the quarter and our Q3 guidance.