Amphenol Corporation ( (APH) ) has released its Q4 earnings. Here is a breakdown of the information Amphenol Corporation presented to its investors.
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Amphenol Corporation is a leading global designer and manufacturer of electrical, electronic, and fiber optic connectors, interconnect systems, antennas, sensors, and specialty cables, serving diverse markets including automotive, aerospace, and defense.
Amphenol Corporation has announced remarkable financial results for the fourth quarter and full year of 2024, showcasing record sales and earnings growth. The company reported a 30% increase in sales for the fourth quarter, reaching $4.3 billion, and a 21% increase for the full year, totaling $15.2 billion. This robust growth was bolstered by strong performances in various markets and strategic acquisitions.
Key financial metrics from the earnings report highlight a significant rise in GAAP diluted EPS, up 44% for the fourth quarter and 24% for the full year, along with adjusted diluted EPS increases of 34% and 25%, respectively. The company’s operating and free cash flow also reflected strong financial health, with $847 million and $648 million for the fourth quarter, and $2.8 billion and $2.2 billion for the year. Strategic acquisitions, including Carlisle Interconnect Technologies and Luetze, have contributed to the company’s growth.
Amphenol’s management remains optimistic about the future, emphasizing the company’s strategic focus on technological innovation and market diversification. The outlook for the first quarter of 2025 projects continued growth, with expected sales increases of 23% to 26% and adjusted diluted EPS growth of 23% to 28%. This forward-looking strategy aims to leverage Amphenol’s competitive advantage and sustain long-term shareholder value.
