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Investing.com -- Amphenol Corporation (NYSE:APH) reported first-quarter 2025 results that significantly exceeded analyst expectations, driving its stock up 11.2% in early trading on Thursday.
The Connecticut-based electronics manufacturer posted adjusted earnings per share (EPS) of $0.63, surpassing the analyst consensus of $0.51 by 23.5%. Revenue for the quarter reached a record $4.8 billion, up 48% YoY and well above the $4.19 billion estimate.
Amphenol’s strong performance was driven by excellent organic growth in the IT datacom market and robust growth in mobile devices, defense, and communications networks. The company also benefited from recent acquisitions, including LifeSync and CommScope’s OWN and DAS businesses.
"We are pleased to have closed the first quarter of 2025 with record sales and Adjusted Diluted EPS, both significantly exceeding the high end of our guidance," said Amphenol President and CEO R. Adam Norwitt.
Looking ahead, Amphenol provided upbeat guidance for the second quarter. The company expects Q2 2025 revenue between $4.90 billion and $5.00 billion, representing a 36% to 39% YoY increase. Adjusted EPS is projected to be $0.64 to $0.66, well above the analyst consensus of $0.56.
Amphenol’s adjusted operating margin reached a record 23.5% in the first quarter. The company also returned approximately $380 million to shareholders through share repurchases and dividends.
Despite the uncertain economic environment, Amphenol remains focused on expanding its growth opportunities through technology development, market diversification, and strategic acquisitions.