WALLINGFORD, CT – Amphenol reported third quarter sales of $1.46 billion, up 7.4% year-over-year.

Net income for the quarter was $207.3 million, up 12.5% compared to the same period in 2014.

For the nine months ended Sept. 30, sales were $4.14 billion, up 5.6% compared to the same period last year. Net income was $569.7 million, an increase of 9.5% year-over-year.

“For the third quarter, we are very pleased to report new records in sales and EPS of $1.46 billion and $0.65, respectively. Sales increased a strong 7% in US dollars
and 11% in local currencies over the prior year, with robust growth in the Mobile Devices and Automotive markets,” said Amphenol president and CEO R. Adam Norwitt. “Our growth was driven both organically and through the company’s successful acquisition program, and was partially offset by the negative impact of translation from the stronger dollar.

“Global markets have recently become more uncertain, as growing turbulence in certain economies has impacted global industrial demand. As a result, we have begun to see increased levels of caution, and thereby lower demand expectations from customers in several of our end markets, in particular the Industrial, Automotive and Information Technology and Data Communications markets.”

The firm expects fourth quarter sales in the range of $1.33 billion to $1.37 billion.

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