Fourth Quarter 2018 Record Results Reported by Amphenol Corporation
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Amphenol (APH) Tops Q4 EPS by 7c, Revenues Beat; Offers 1Q19 & FY19 EPS/Revenue Guidance Below Consensus
January 23, 2019 8:04 AM ESTAmphenol (NYSE: APH) reported Q4 EPS of $1.05, $0.07 better than the analyst estimate of $0.98. Revenue for the quarter came in at $2.23 billion versus the consensus estimate of $2.1 billion.
Amphenol President and Chief Executive Officer, R. Adam Norwitt, stated, We are pleased to have achieved new records in sales, Adjusted Operating Margin and Adjusted Diluted EPS for the full year 2018. These record results were supported by a strong fourth quarter 2018, with sales well above the high end of our guidance due primarily to incremental strength in sales of products into the mobile devices market. Sales in the... More
