Amphenol Corporation
Amphenol Reports Strong Q4 and FY 2024 Results with Record Sales and EPS
Summary
Amphenol Corporation announced its record financial results for the quarter and full year 2024, highlighting a 30% increase in sales and a 44% increase in GAAP Diluted EPS compared to the previous year. The company reported GAAP Diluted EPS of $0.59 for Q4 and $1.92 for FY 2024, surpassing the high end of its guidance. Amphenol also completed two acquisitions and returned nearly $1.3 billion to shareholders through stock repurchases and dividends. The detailed financial results and non-GAAP measures are furnished in Exhibit 99.1.
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Exhibits (1)
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About Amphenol Corporation
Amphenol Corporation is a leading global manufacturer of electronic and fiber optic connectors, cables, and interconnect systems. Renowned for its diverse portfolio, the company serves multiple sectors, including communications, automotive, military, aerospace, industrial, and information technology. Its primary function is to facilitate connectivity within these industries, providing critical components that connect and enable electronic circuits. Founded in 1932 and headquartered in Wallingford, Connecticut, Amphenol’s products play a vital role in enhancing performance, reliability, and cost-efficiency in complex electrical systems. By maintaining a robust presence across varied technology-driven markets, Amphenol Corporation stands as a significant player in the electronic components industry, adapting to advancing technological needs and supporting innovation across global markets.
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