Benchmark Electronics, Inc.

Thank you for standing by. Welcome to the Benchmark Q1 fiscal year 2026 earnings call and webcast. All lines have been placed on mute to prevent any background noise. After this speaker Zoom works, there will be a question and answer session. If you'd like to ask a question during this time, simply press star followed by the number one on your telephone keypad. If you would like to withdraw your question, please press star one again. Thank you. I would now like to turn the conference over to Paul Manske, Benchmark Investor Relations. You may begin.

Thank you, Operator, and thanks, everyone, for joining us today for Benchmark's first quarter 2026 earnings call. With us today are David Moezidis, our President and CEO, and Brian Shoemaker, our CFO. After the market closed, we issued an earnings release pertaining to our financial performance for the first quarter of 2026, along with a presentation which we will reference on this call. Both are available under the investor relations section of our website. This call is being webcast live, a replay of which will be available approximately one hour after we conclude. The company has provided a reconciliation of our gap to non-gap measures in the earnings release, as well as the appendix to the presentation. Please take a moment to review the forward-looking statements disclosure on slide two of the presentation. During our call, we will discuss forward-looking information. As a reminder, Any of today's remarks, which are not historical statements of fact, are forward-looking statements, which involve 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, David will start with an overview, followed by Brian's further detail of our Q1 results and guidance. We'll then turn the call back to David to share his perspective on sector trends and closing remarks. If you please turn to slide four, I'll turn the call over to our CEO, David Moesides.

Thank you, Paul. Good afternoon, and thank you for joining us today. In the first quarter, we delivered revenue of $677 million and EPS of 58 cents, both coming in towards the higher end of our expectations. Our first quarter performance reflects solid execution across the business and meaningful progress in our strategic priorities. As we look ahead, the combination of improving end market conditions and our momentum in SemiCap and ACNC and the operational discipline we've been emphasizing gives us greater confidence in our outlook for the year. We now expect full year revenue growth to be in the nine to 10% range up from our prior expectations of mid single digit growth. We also expect EPS growth to outpace revenue as we remain focused on execution and disciplined expense management. Turning to slide five. During the quarter, we saw evidence of improvement across a broad cross section of our end markets, reflecting the benefits of our well balanced portfolio. Medical revenue continued to accelerate year over year, and SemiCap returned to double-digit sequential growth. Within ACNC, the AI-related wins we've discussed on prior calls have begun to ramp, and our confidence continues to improve. Meanwhile, performance across the rest of the portfolio was in line with our expectations. These are early but clear signs that the customer-first initiatives we began implementing over the past two years are taking hold. That shows up in more disciplined customer engagements, clearer program prioritization, and more consistent execution across the portfolio. We also delivered another quarter of solid bookings performance. This consistency reinforces our confidence in both the pacing of the year and the sustainability of our growth outlook. Operationally, we continue to drive leverage with both operating income and earnings growing faster than revenue year over year. At the same time, our sustained focus on working capital efficiency drove another quarter of strong free cash flow, despite stepped up investments to support future growth. While we remain mindful of the broader environment, Demand signals are stronger today than they were 90 days ago. Regardless, our priorities do not change. Stay close to our customers, execute with consistency, and continue to build a more resilient operating model. In short, we're encouraged by how the year has started and by the momentum we're seeing as we move forward. With that, I'll turn the call over to Brian to walk through the financial details for the quarter.