Amphenol reports Q4 adjusted EPS 78c, consensus 75c

Reports Q4 revenue $3.24B, consensus $3.15B. "We are pleased to have closed 2022 with fourth quarter sales and Adjusted Diluted EPS both exceeding the high end of our guidance," said Amphenol president and CEO, R. Adam Norwitt. "Sales increased from prior year by 7%, supported by robust growth in our broadband communications, commercial air, automotive and military markets and moderate growth in our industrial market, as well as contributions from the Company’s acquisition program, which were partially offset by the impact of the strengthening U.S. dollar. For the full year, sales increased 16% compared to 2021, driven by strong growth across virtually all of our end markets, along with contributions from the Company’s acquisition program, which were partially offset by the impact of the strengthening U.S. dollar. Despite facing inflationary and supply chain challenges throughout the year, we again realized strong profitability in 2022, with Adjusted Diluted EPS growing an impressive 21%. We are very proud of the Company’s outstanding performance in this dynamic year."