Amphenol Reports Higher Third-Quarter Profit as Acquisitions Expand
Amphenol said third-quarter profit rose to $2.03 billion, or 79 cents a share, from $1.25 billion, or 49 cents a share a year earlier. The company is ramping acquisition activity with four new deals.
By Katherine HamiltonAmphenol recorded a jump in revenue and profit during the third quarter, as it ramps acquisition activity with four new deals.The maker of antennas and fiber-optic connectors posted a profit of $2.03 billion, or 79 cents a share, compared with $1.25 billion, or 49 cents a share…