amphenol corp-cl a (APH) Key Developments
Amphenol Corporation Unveils New Rugged USB 3.0 Connectors
Dec 8 14
Amphenol Corporation has announced that Amphenol Socapex has expanded its USB family to include new rugged USB 3.0 connectors. USB 3.0 FTV provides a 10 X faster data transfer rate over USB2.0 with a 5 Gbps datarate. Amphenol Socapex offers both USB 3.0 connectors and cordsets. Main features of USB 3.0 connectors include: Dataspeed 10x higher than USB 2.0 (5Gbps data rate); 80% more Power than USB 2.0; backward compatible with rugged USB 2.0 version & same receptacle panel drilling; and available in MIL-DTL-38999 Series III shells.
Amphenol Corporation Approves Dividend for the Fourth Quarter of 2014, Payable on or About January 5, 2015
Oct 31 14
Amphenol Corporation confirmed that its board of directors approved the fourth quarter 2014 dividend on its common stock in the amount of $0.125 per share at its meeting held on October 30, 2014. The company will pay this fourth quarter 2014 dividend on or about January 5, 2015 to shareholders of record as of December 5, 2014.
Amphenol Corporation, Board Meeting, Oct 30, 2014
Oct 31 14
Amphenol Corporation, Board Meeting, Oct 30, 2014. Agenda: To approve the fourth quarter 2014 dividend on its common stock.
Amphenol Corporation Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides Earnings Guidance for the Fourth Quarter of 2014; Revised Earnings Guidance for the Full Year of 2014
Oct 22 14
Amphenol Corporation reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, net sales were $1,358.7 million against $1,153.1 million last year. Operating income was $267.8 million against $224.5 million last year. Income before income taxes was $251.5 million against $212.1 million last year. Net income attributable to Amphenol Corporation was $182.2 million or $0.57 per diluted share against $160.8 million or $0.50 per diluted share last year. The company achieved double digit year-over-year growth in most of end markets, including the automotive, commercial air, industrial, mobile networks and mobile devices markets. This growth was driven both organically and through the company's successful acquisition program. In addition, sales grew 3% sequentially. The company achieved strong operating cash flow in the quarter of $224 million.
For the nine months, net sales were $3,919 million against $3,368.9 million last year. Operating income was $755.8 million against $655.5 million last year. Income before income taxes was $708.6 million against $617.8 million last year. Net income attributable to Amphenol Corporation was $515.6 million or $1.60 per diluted share against $467.8 million or $1.44 per diluted share last year. Net cash provided by operating activities was $607.4 million against $557.7 million last year. Additions to property, plant and equipment was $162.7 million against $105.7 million last year. For the nine months ended September 30, 2014, diluted earnings per share was $1.62 excluding one-time items, compared to $1.40 excluding one-time items for the comparable 2013 period. Debt at the end of September was $2.6 billion, bringing net debt to $1.35 billion.
In recent months there has been an increase in geopolitical and market uncertainties around the world. Considering these uncertainties as well as current currency exchange rates including relatively weaker overseas currencies, the company expects fourth quarter of 2014 sales in the range of $1.341 billion to $1.381 billion and diluted EPS in the range of $0.58 to $0.60 (excluding one-time items).
For 2014, the company expects to achieve sales in the range of $5.260 billion to $5.300 billion, an increase of 14% to 15% over 2013 and diluted EPS of $2.20 to $2.22 (excluding one-time items), an increase of 14% to 15% over 2013. This compares to prior full year of 2014 guidance for sales and diluted EPS of $5.210 billion to $5.270 billion and $2.17 to $2.20 (excluding one-time items), respectively.
Amphenol Aerospace Unveils New CTC and CTF Ethernet Switched Products
Oct 7 14
Amphenol Aerospace has unveiled new Copper-to-Copper, or CTC, and Copper-to-Fiber, or CTF, ethernet media and interface conversion with switching. These completely sealed and rugged integrated electronic Ethernet devices are designed for harsh environment applications. Amphenol Aerospace has a long history of providing rugged high-speed copper and fiber optic interconnect products for the military, aerospace, and industrial markets. Such products include: fiber optic termini, high-speed copper contacts, connectors, electronics, and cabling solutions. Amphenol's Ethernet Media & Interface converters with switching combine expertise in fiber optics, high speed copper, and electronics packaging to create a new addition to Integrated Electronic Product Line. CTC/CTF Ethernet Switched Products are designed around 1G and 10G Ethernet and provide the following features fully integrated at the connector interface: Up to eight channels of 1G and four channels of 10G; For copper based products for 1,000Base-T and 10GBase-T, integrated physical interface conversion and embedded magnetic transformers; For fiber optic based products, integrated fiber to copper and copper to fiber transceivers for single and multi-mode applications; and For both copper and fiber optic solutions, option for fully integrated Ethernet switch with Layer-3 routing. Customers now can design their subsystems around Amphenol Ethernet Interface Products and remove complexity from their sub-systems. Amphenol Ethernet Interface Products provide sub-system to system translation (and vice-versa) and direct interfaces from off-the-shell CPUs and FPGAs.