Sector: Technology|Industry: Electronic Components|Market Cap: $84.51B|Employees: 95K
Amphenol Corporation is a global leader in designing, manufacturing, and marketing electrical, electronic, and fiber optic connectors and interconnect systems. The company's core business model revolves around providing a broad selection of products and high-quality service to diverse end markets, including automotive, aerospace, industrial, and communications. Amphenol leverages its global presence and technological expertise to maintain a competitive edge in the interconnect and sensor markets.
Net sales reached $4,038.8 million, up 26% compared to the same quarter last year, with 15% organic growth and contributions from acquisitions. This indicates strong demand and successful integration of acquired businesses.
Operating income grew to $819.5 million, a 24.8% increase year-over-year, but operating margin decreased slightly from 20.6% to 20.3%. This suggests that while the company is growing, profitability is slightly impacted by increased expenses.
Diluted EPS reached $0.48, up 17.1% compared to the same quarter last year, but this was impacted by $0.04 per share in acquisition-related expenses. This indicates that while core earnings are strong, acquisitions have a short-term impact on profitability.