Amphenol (APH) Tops Q2 EPS by 9c

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Second Quarter 2017 Record Results and Increase in Dividend Reported by Amphenol Corporation

July 26, 2017 8:00 AM EDT

WALLINGFORD, Conn.--(BUSINESS WIRE)-- Amphenol Corporation (NYSE: APH) reported today record GAAP Diluted Earnings Per Share (EPS) for the second quarter 2017 of $0.80 compared to $0.65 for the comparable 2016 period. GAAP Diluted EPS for the second quarter 2017 included a charge for acquisition-related transaction costs of approximately $4 million ($0.01 per share). Excluding the effect of this item, second quarter 2017 Adjusted Diluted EPS1 was a record $0.81 compared to $0.65 for the comparable 2016 period. Sales for the second quarter of 2017 were a record $1.667 billion compared to $1.548 billion for the comparable 2016 period. Currency translation had the effect of decreasing sales by... More