Amphenol (APH) Tops Q4 EPS by 3c; $1B Stock Buyback

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Amphenol Corporation Reports Fourth Quarter 2016 Record Results and New Stock Repurchase Program

January 25, 2017 8:00 AM EST

WALLINGFORD, Conn.--(BUSINESS WIRE)-- Amphenol Corporation (NYSE: APH) reported today record diluted earnings per share (EPS) for the fourth quarter 2016 of $0.75 compared to $0.63 for the comparable 2015 period. Sales for the fourth quarter of 2016 were also a record $1.651 billion compared to $1.431 billion for the comparable 2015 period. Currency translation had the effect of decreasing sales by approximately $20 million in the fourth quarter of 2016 compared to the 2015 period.

For the twelve months ended December 31, 2016, GAAP Diluted EPS was $2.61, compared to $2.41 for the comparable 2015 period. The 2016 period included $37 million ($0.11 per share) of acquisition-related costs,... More