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ANGLETON, TX – Contract manufacturer Benchmark Electronics Inc. reported first-quarter net income of $22.6 million, down about 8% year-over-year.

Sales for the quarter were $684.3 million, down 9% compared to the first quarter last year.
 
The company expects second-quarter revenue of $715 million to $750 million.
 
Benchmark now expects 2008 revenue to grow modestly between 2% and 5%.
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