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Mar 31, 2022
Amphenol Q1 2022 Earnings Report
Amphenol's first quarter results for 2022 were reported, showcasing strong sales and adjusted diluted EPS growth.
Key Takeaways
Amphenol reported a strong first quarter in 2022, with sales increasing by 24% and adjusted diluted EPS growing by 29% compared to the first quarter of 2021. The company's performance was supported by robust growth across all end markets and contributions from its acquisition program, despite facing inflationary pressures and supply chain disruptions.
Sales increased by 24% to $2.952 billion, with organic sales up 17% compared to Q1 2021.
GAAP diluted EPS increased by 28% to $0.68 compared to the prior year.
Adjusted Diluted EPS increased by 29% to $0.67 compared to the prior year.
Operating margin was 20.0%.
Revenue by Segment
Forward Guidance
For the second quarter of 2022, Amphenol expects sales to be in the range of $2.890 billion to $2.950 billion, representing 9% to 11% growth over the second quarter of 2021. Adjusted Diluted EPS is expected to be in the range of $0.66 to $0.68, representing 8% to 11% growth over the second quarter of 2021.
Positive Outlook
- Sales are expected to be in the range of $2.890 billion to $2.950 billion, representing 9% to 11% growth over the second quarter of 2021.
- Adjusted Diluted EPS is expected to be in the range of $0.66 to $0.68.
- Adjusted Diluted EPS represents 8% to 11% growth over the second quarter of 2021.
- Company's ongoing drive to leverage competitive advantages.
- Company's initiatives to expand product offerings.
Challenges Ahead
- The current market environment remains highly uncertain.
- Continued supply chain challenges are expected.
- Inflationary challenges are expected.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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