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Amphenol World Headquarters 358 Hall Avenue Wallingford , CT 06492 Telephone ( 203 ) 265-8900 News Release AMPHENOL REPORTS FIRST QUARTER 2021 RESULTS AND ANNOUNCES NEW STOCK REPURCHASE PROGRAM First Quarter 2021 Highlights : • Sales of $ 2.377 billion , up 28 % in U.S. dollars and 23 % organically¹ compared to the first quarter 2020 • GAAP diluted EPS of $ 0.53 , up 33 % compared to the prior year period • Adjusted Diluted EPS¹ of $ 0.52 , up 49 % compared to the prior year period • Operating margin of 19.6 % • Operating Cash Flow of $ 321 million and Free Cash Flow¹ of $ 243 million Announces closing of two new acquisitions during the quarter , Euromicron and Cabelcon • Closed on the acquisition of MTS Systems Corporation • Announces a new three - year , $ 2 billion open market stock repurchase program Wallingford , Connecticut , April 28 , 2021. Amphenol Corporation ( NYSE : APH ) today reported first quarter 2021 results and announced a new three - year , $ 2 billion stock repurchase program . " I am very proud that our team drove results that significantly exceeded our expectations in the first quarter 2021 , while still prioritizing the safety and health of our employees worldwide amidst the ongoing COVID - 19 pandemic , ” said Amphenol President and Chief Executive Officer , R. Adam Norwitt . " We are pleased to have closed the first quarter with sales and Adjusted Diluted EPS exceeding the high end of our guidance . Sales increased by a strong 28 % in the quarter , with growth in nearly all markets , driven in particular by the automotive , mobile devices , industrial and IT datacom markets . ” " Amphenol continued to deploy its financial strength in a variety of ways to increase shareholder value in the first quarter . To that end , the Company purchased 2.4 million shares of its common stock for $ 153 million , bringing total share repurchases under the 2018 stock repurchase program to 40.3 million shares , or $ 1.95 billion . The Company also paid dividends of $ 87 million , resulting in total capital returned to shareholders during the first quarter of $ 240 million . ” “ We remain focused on expanding our growth opportunities through a deep commitment to developing enabling technologies for customers in all markets , an ongoing strategy of market and geographic diversification and an active and successful acquisition program . To that end , and as previously announced on April 7 , 2021 , we are excited to have closed the acquisition of MTS Systems Corporation ( " MTS " ) , and look forward to closing the sale of the MTS Test &