earnings
confidence high
sentiment neutral
materiality 0.70
Amphenol Q2 2023 sales $3.05B, adjusted EPS $0.72; guides Q3 sales $3.04-3.10B, EPS $0.72-0.74
AMPHENOL CORP /DE/
2023-Q2 EPS reported
$1.45
revenue$6,028,000,000
- Sales $3.054B, down 3% YoY; GAAP diluted EPS $0.74, down 3%; adjusted diluted EPS $0.72, down 4%.
- GAAP operating margin 20.3%; adjusted 20.4%; operating cash flow $536M, free cash flow $442M.
- Repurchased 2.0M shares for $154M; paid $125M dividends; total returned $280M to shareholders.
- Closed acquisitions of RFS (cable/base station antennas) and EBY (terminal blocks, ~$15M annual sales).
- Q3 outlook: sales $3.04-$3.10B (down 6-8% YoY); adjusted EPS $0.72-$0.74 (down 8-10% YoY).