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Amphenol Corporation (APH) Reports Q4 Earnings; Issues Guidance
Amphenol Corporation (NYSE: APH) reported that fourth quarter 2007 diluted earnings per share increased 28% to $.55 compared to $.43 per share for the comparable 2006 period versus Q4 '07 consensus estimates of $0.52 per share. Sales for the fourth quarter 2007 increased 18% to $777.3 million compared to $659.4 million for the 2006 period.
Accordingly, while market conditions are uncertain, and based on relatively stable currency exchange rates, Amphenol Corporation expects to achieve revenues and EPS in 2008 of $3,100 million to $3,175 million and $2.18 to $2.25, respectively, an increase of 9% to 11% and 12% to 16% over 2007 revenues and EPS, respectively. For the first quarter 2008 we expect revenues in the range of $740 million to $755 million and EPS in the range of $.50 and $.52, respectively.
Amphenol Corporation is one of the world's leading producers of electronic and fiber optic connectors, cable and interconnect systems.
Accordingly, while market conditions are uncertain, and based on relatively stable currency exchange rates, Amphenol Corporation expects to achieve revenues and EPS in 2008 of $3,100 million to $3,175 million and $2.18 to $2.25, respectively, an increase of 9% to 11% and 12% to 16% over 2007 revenues and EPS, respectively. For the first quarter 2008 we expect revenues in the range of $740 million to $755 million and EPS in the range of $.50 and $.52, respectively.
Amphenol Corporation is one of the world's leading producers of electronic and fiber optic connectors, cable and interconnect systems.
Amphenol Corporation (NYSE: APH) reported that fourth quarter 2007 diluted earnings per share increased 28% to $.55 compared to $.43 per share for the comparable 2006 period versus Q4 '07 consensus estimates of $0.52 per share. Sales for the fourth quarter 2007 increased 18% to $777.3 million compared to $659.4 million for the 2006 period.
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