Amphenol (NYSE: APH) reported Q1 EPS of $0.57, in-line with the analyst estimate of $0.57. Revenue for the quarter came in at $1.33 billion versus the consensus estimate of $1.32 billion.

Amphenol sees Q2 2015 EPS of $0.56-$0.58, versus the consensus of $0.61.

Amphenol sees FY2015 EPS of $2.41-$2.47, versus the consensus of $2.47.

Amphenol President and Chief Executive Officer, R. Adam Norwitt, stated, “We are pleased to report an excellent start to 2015, with sales of $1.327 billion, up 7% in US dollars and 11% in local currencies. EPS was $0.57 and grew a strong 14% (excluding one-time items) over the comparable 2014 quarter. Sales growth was driven primarily by strength in the automotive, industrial, IT data com and mobile device markets. This growth was driven both organically and through the Company’s successful acquisition program partially offset by the negative impact of translation from a stronger dollar. In addition to strong top line performance, the Company’s unique entrepreneurial culture continues to drive strong operating leverage in the business, resulting in an 80 basis point year-over-year increase (excluding one-time items) in operating margins to 19.6% in the first quarter 2015. This excellent performance is a direct result of our dynamic management team’s ability to drive margin expansion through outstanding operational execution and an unrelenting focus on all elements of cost. I am very proud of our organization as we continue to execute well.”

“The Company continues to expand its growth opportunities through an ongoing strategy of market and geographic diversification, a strong commitment to developing enabling technologies for customers in all markets, and an active complementary acquisition program. As part of that program, in late February, the Company acquired Invotec Circuits Limited, a leading U.K. manufacturer of high-end printed circuit boards, flex circuits and value-add assemblies for the defense, industrial and aerospace industries, with annual sales of approximately $35 million. The acquisition strengthens both the Company’s global capabilities and product offering in these important markets. In addition to the Company’s successful acquisition program, the Company continues to deploy its financial strength in a variety of ways to increase shareholder value including the purchase, during the quarter, of 1.1 million shares of the Company’s stock pursuant to our stock repurchase plan.”

For earnings history and earnings-related data on Amphenol (APH) click here.