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0.000887836638058631 0.00253667610873883 -0.00443918319029291 -0.00350906861708867 -0.00350906861708867 -0.0139939965332093 -0.0180526783071915 -0.0229569187840866
Stock impact report

Amphenol beats Q1 revenue estimates, announces share buyback program [Reuters]

Amphenol Corporation (APH) 
Last amphenol corporation earnings: 4/22 08:00 am Check Earnings Report
US:NYSE Investor Relations: amphenol.com/investors/finance_news
Company Research Source: Reuters
and announced a new $2 billion share buyback program, sending the company's shares up as much as 4% in premarket trading. Heightened geopolitical tensions in the Middle East and the ongoing Russia-Ukraine war have boosted demand for Amphenol's connectors and sensor systems that are used in defense systems. "Sales increased from prior year by 9%, driven by growth in the IT datacom, commercial air, automotive and defense markets", said Amphenol CEO R. Adam Norwitt. Amphenol also said it has launched a three-year $2 billion open market stock repurchase program. The company reported revenue of $3.26 billion in the first quarter, beating analysts' average estimate of $3.10 billion. It forecast second-quarter revenue in a range of $3.24 billion to $3.30 billion compared with expectations of $3.26 billion, according to LSEG data. Report this ad Amphenol reported earnings per share of 87 cents per share, compared with 71 cents per share, a year ago. Revenue for the company's c Show less Read more
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