Amphenol (APH) Tops Q2 EPS by 5c, Offers Q3 and FY Guidance

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Second Quarter 2018 Record Results Reported by Amphenol Corporation

July 25, 2018 8:00 AM EDT

WALLINGFORD, Conn.--(BUSINESS WIRE)-- Amphenol Corporation (NYSE: APH) reported today GAAP Diluted Earnings Per Share (EPS) for the second quarter 2018 of $0.91 compared to $0.80 for the comparable 2017 period. GAAP Diluted EPS for the second quarter 2018 includes an excess tax benefit of approximately $3 million ($0.01 per share) related to stock options exercised during the quarter compared to approximately $21 million ($0.07 per share) for the comparable 2017 period. In addition, the second quarter 2017 included a charge for acquisition-related transaction costs of approximately $4 million ($0.01 per share). Excluding the effect of these items, Adjusted Diluted EPS1 for the second quarter 2018 was a record... More