Amphenol Reports Strong Q2 Results Driven by AI Demand
Amphenol Corporation (NYSE:APH) reported second-quarter results that exceeded expectations, driven primarily by strong demand for its data communications products related to artificial intelligence infrastructure. The company's adjusted earnings per share came in at $1.35 compared to the expected $1.16, while revenue rose sharply from $5.65 billion a year ago to $8.76 billion—surpassing forecasts of $8.19 billion. The growth was supported by organic sales rising 30% and record orders totaling $10.7 billion, resulting in an improved book-to-bill ratio of 1.23. Amphenol also raised its third-quarter guidance for both revenue ($9.3–$9.4 billion) and adjusted earnings per share ($1.40–$1.42), which exceeded analyst expectations. The company revised upward the expected contribution from its recent acquisition of CommScope, now forecasting $4.6 billion in 2026 revenue versus a prior estimate of $4.1 billion.
Tickers: $APH
Topics: acquisitions AI infrastructure datacom products organic growth