Amphenol (APH) Revenue — Quarter Ended Mar 31, 2023
Revenue for the current reporting quarter declined compared to the immediately preceding quarter, but increased relative to the same quarter one year earlier. The company reported a sequential decrease while maintaining a year-over-year gain.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue for the current reporting quarter declined compared to the immediately preceding quarter, but increased relative to the same quarter one year earlier. The company reported a sequential decrease while maintaining a year-over-year gain.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3B
Revenue reported for this quarter.
Quarter-over-quarter
-8.2%
Change from the immediately preceding quarter.
Year-over-year
+0.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$12.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $3.1B | +18.2% |
| Sep 30, 2022 | $3.3B | +16.9% |
| Dec 31, 2022 | $3.2B | +7.0% |
| Mar 31, 2023 | $3B | +0.7% |
Revenue performance
The quarter's revenue was lower than the prior quarter, reflecting a reversal of the prior period's growth. Compared to the same period a year ago, revenue edged higher, showing a slight expansion.
Quarterly comparison
Sequentially, revenue fell from the preceding quarter, contrasting with the year-over-year improvement. The year-ago comparison shows a modest increase, while the sequential comparison highlights a decline.
What to watch
The company's liquidity position, as reflected in cash and short-term investments, increased from the prior year-end, which may be worth monitoring in the context of the sequential revenue decline.