Zacks Investment Research | Oct 24, 2017 10:28PM ET
Amphenol Corporation (NYSE:APH) reported better-than-expected results for third-quarter 2017.
Earnings and Revenues
Quarterly adjusted earnings came in at 88 cents per share, surpassing the Zacks Consensus Estimate of 79 cents per share. Notably, the bottom line also came in higher than the year-ago tally of 73 cents per share.
Quarterly revenues came in at $1,840.8 million, beating the Zacks Consensus Estimate of $1,725 million. Also, the top line came in higher than the prior-year figure of $1,635.9 million.
Segmental Performance
Revenues of Interconnect Products and Assemblies segment came in at $1,731.5 million, up 12.2% year over year.
Sales of Cable Products and Solutions segment were $109.3 million, up 17.9% year over year.
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