Amphenol Corporation: Increasing Penetration In The AI Data Centers Pushing Their Growth! 

The Q1 2024 results of Amphenol Corporation depict both positive and negative aspects with respect to the company’s financial health. Focusing on the fiscal facts, the corporation closed the quarter with sales of $3.256 billion and an adjusted diluted EPS of $0.80. The Q1 sales exhibited an increase of 9% in U.S. dollars, 10% in local currencies, and 6% organically in comparison to the first quarter of 2023. However, there was also a decrease of 2% in both U.S. dollars and local currencies and a 4% fall organically when compared sequentially.