MDCP - Amphenol Stock Gains After Q1 Print What's Going On? | Benzinga
Amphenol Corporation (NYSE:APH) reported a fiscal first-quarter 2024 sales increase of 9% year-on-year to $3.256 billion, beating the consensus of $3.097 billion.
Adjusted EPS of $0.80 topped the consensus of $0.73. The stock price gained after the print.
The adjusted operating margin for the quarter was 21.0% versus 20.1% a year ago.
Amphenol held $1.96 billion in cash and equivalents as of March 31, 2024.
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