Excessive-Pace Cable Maker Amphenol Inventory Soars on Robust Outcomes, Rosy Outlook

Amphenol’s (APH) inventory led good points on the S&P 500 Wednesday after the maker of antennas and high-speed cables reported better-than-expected outcomes and issued an upbeat current-quarter outlook.

Wallingford, Conn.-based Amphenol posted first-quarter adjusted earnings per share (EPS) of $0.63 on web gross sales that soared 48% year-over-year to $4.81 billion. Analysts surveyed by Seen Alpha anticipated $0.52 and $4.29 billion, respectively.

For the present quarter, Amphenol sees adjusted EPS of $0.64 to $0.66 and web gross sales of $4.9 billion to $5 billion, each nicely above projections.

“The revolution in electronics continues to speed up, with new improvements creating thrilling development alternatives for Amphenol throughout every of our diversified finish markets,” CEO R. Adam Norwitt mentioned. “In flip, we have now expanded our vary of high-technology interconnect merchandise, each by our natural innovation efforts in addition to by our profitable acquisition program.”

Shares soared over 9% greater in current buying and selling, bringing them into constructive territory for 2025.