Amphenol (APH) Tops Q1 EPS by 3c, Updates Guidance

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Go back to Amphenol (APH) Tops Q1 EPS by 3c, Updates Guidance

Amphenol Corporation Reports First Quarter 2018 Results, Increase in Dividend and New Stock Repurchase Program

April 25, 2018 8:00 AM EDT

WALLINGFORD, Conn.--(BUSINESS WIRE)-- Amphenol Corporation (NYSE: APH) reported today GAAP Diluted Earnings Per Share (EPS) for the first quarter 2018 of $0.84 compared to $0.71 for the comparable 2017 period. GAAP Diluted EPS for the first quarter 2018 includes an excess tax benefit of approximately $4.1 million ($0.01 per share) related to stock options exercised during the quarter compared to approximately $8.0 million ($0.02 per share) for the comparable 2017 period. Excluding the effect of this item, Adjusted Diluted EPS1 for first quarter 2018 and 2017 was $0.83 and $0.69, respectively.

Sales for the first quarter 2018 were $1.867 billion compared to $1.560 billion for the comparable 2017 period.... More