Amphenol Corporation (NYSE:APH) Q3 2019 Earnings Conference Call - Final Transcript

Oct 23, 2019 • 01:00 pm ET

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Amphenol Corporation (NYSE:APH) Q3 2019 Earnings Conference Call - Final Transcript

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Q & A
Executive
R. Adam Norwitt

that dynamic really changing at all.

I think consumers still thirst for next generation functionality in their vehicles, regardless of what the drivetrain system of the vehicle is, regardless of the size of that vehicle, whether they're buying a sports car or a minivan, they want to have next generation electronics embedded in that system for passenger use, for safety, for fuel economy, you name it. And I think our Company is very well positioned today to capitalize upon that.

Analyst
Samik Chatterjee

Got it. If I can just quickly follow-up on the broadband segment. I think you mentioned it, it did come in a bit better than you expected, although customer spending continues to be kind of a challenge there. Is it that we should kind of think about some upside kind of customer spending come in better or was it more kind of design wins that really kind of drove better-than-expected revenues for you?

Executive
R. Adam Norwitt

Yeah, I mean I think it was just, first of all, small. I mean we did -- it's a relatively small market. 4% of sales in the quarter. And yes, we did a little bit better than we expected, but we're not talking about huge numbers here and still on a year-over-year basis, it was down. We didn't change our outlook for the year in the broadband market. So I wouldn't say that there is anything meaningfully different in our overall view of that market here as we come into the fourth quarter.

Operator
Operator

Speakers, we show no further questions at this time.

Executive
R. Adam Norwitt

Well, thank you very much and again, thank you all for all of your time today and we wish you all a great conclusion to the year. And I shudder [Phonetic] to say that we will talk to you all in 2020. Thanks very much.

Executive
Craig A. Lampo

Thank you.

Operator
Operator

Thank you for attending today's conference and have a nice day.