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Sep 30, 2023
Amphenol Q3 2023 Earnings Report
Amphenol's third quarter results for 2023 were reported, with sales and adjusted diluted EPS exceeding guidance.
Key Takeaways
Amphenol reported Q3 2023 results with sales of $3.199 billion, a decrease of 3% compared to the third quarter of 2022. GAAP Diluted EPS was $0.83, up 4% compared to prior year, while Adjusted Diluted EPS was $0.78, down 3% compared to prior year. The company closed three acquisitions and increased the quarterly dividend by 5% to $0.22 per share.
Sales of $3.199 billion, down 3% in U.S. dollars and 5% organically compared to the third quarter of 2022.
GAAP Diluted EPS of $0.83, up 4% compared to prior year.
Adjusted Diluted EPS of $0.78, down 3% compared to prior year.
Operating and Free Cash Flow of $618 million and $544 million, respectively.
Revenue by Segment
Forward Guidance
For the fourth quarter of 2023, Amphenol expects sales to be in the range of $3.090 billion to $3.150 billion, representing a 3% to 5% decline over the prior year quarter. Adjusted Diluted EPS is expected to be in the range of $0.75 to $0.77, representing a 1% to 4% reduction from the fourth quarter of 2022.
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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