Amphenol CEO Credits 26% Sales Boost To IT, Mobile Networks, Acquisitions: 'We Again Realized Strong Profitability'

Electronic and fiber optic connector company Amphenol Corporation (NYSE:APH) reported a fiscal third-quarter 2024 sales increase of 26% year-on-year to $4.04 billion, beating the analyst consensus estimate of $3.80 billion. 

Adjusted EPS of 50 cents topped the analyst consensus estimate of 45 cents.

The adjusted operating margin for the quarter was 21.9% versus 20.8% a year ago.

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