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Amphenol (APH) Surpasses Q2 Earnings & Revenue Expectations

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Amphenol (APH - Free Report) designs and manufactures connectors and interconnecting systems that are used to transmit electrical and optical signals for a wide range of sophisticated electronic applications.

In the last four quarters, Amphenol has reported a positive average earnings surprise of 8.45%, beating estimates on all occasions.

Zacks Rank: Currently, Amphenol has a Zacks Rank #3 (Hold) but that could change following its second-quarter 2018 earnings report which has just released.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

We have highlighted some of the key details from the just-released announcement below:

Earnings: Amphenol’s adjusted earnings came in at 90 cents per share, which beat the Zacks Consensus Estimate of 85 cents.

Revenues: Revenues of $1.981 billion beat the Zacks Consensus Estimate of $1.881 billion and increased 18.9% on a year-over-year basis.

Key Stats: Adjusted operating income increased around 20% year over year to $408.2 million.

Stock Price: Share price surged around 2.41% in pre-market trading session.

Check back later for our full write up on this Amphenol earnings report!

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