Amphenol Tops Q4 Consensus; Issues Robust Q1 Outlook - Amphenol (NYSE:APH)

Amphenol Corp (NYSE:APH) reported fourth-quarter FY21 sales growth of 25% year-on-year to $3.03 billion, beating the consensus of $2.75 billion.
CEO Adam Norwitt said, "Sales increased from prior year by a strong 25% in the quarter, with particularly robust growth in the IT data communications, industrial, mobile networks, commercial air, automotive and broadband markets, including contributions from the Company's acquisition program."
Margin: The consolidated operating margin contracted 50 bps to 19.6%.
Non-GAAP EPS of $0.70 beat the consensus of $0.63.
Amphenol generated $470.6 million in operating cash flow and held $1.2 billion in cash and equivalents.
Outlook: Amphenol sees Q1 sales of $2.69 billion - $2.75 billion, above the consensus of $2.60 billion.
It sees non-GAAP EPS of $0.59 - $0.61 versus the consensus of $0.59.
Price Action: APH shares traded higher by 2.19% at $77.68 on the last check Wednesday.

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