Amphenol (APH) Revenue — Quarter Ended Dec 31, 2023
Revenue increased in the quarter, marking a sequential improvement. The result also showed growth compared with the same period a year earlier, reversing a year-over-year decline seen in the immediately preceding quarter.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue increased in the quarter, marking a sequential improvement. The result also showed growth compared with the same period a year earlier, reversing a year-over-year decline seen in the immediately preceding quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.3B
Revenue reported for this quarter.
Quarter-over-quarter
+4.0%
Change from the immediately preceding quarter.
Year-over-year
+2.7%
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 |
|---|---|---|
| Mar 31, 2023 | $3B | +0.7% |
| Jun 30, 2023 | $3.1B | -2.6% |
| Sep 30, 2023 | $3.2B | -2.9% |
| Dec 31, 2023 | $3.3B | +2.7% |
Revenue performance
The reported revenue rose from the prior quarter, while the year-over-year comparison turned positive.
Quarterly comparison
Compared with the preceding quarter, revenue was higher. Relative to the same quarter one year earlier, revenue also increased, in contrast to the prior quarter's year-over-year decline.
What to watch
The company's liquidity and capital resources discussion notes covenants that could affect debt capacity if breached.