TE Connectivity Ltd. (TEL) announced a profit for its first quarter that Increases, from last year
The company's bottom line came in at $751 million, or $2.53 per share. This compares with $528 million, or $1.75 per share, last year.
Excluding items, TE Connectivity Ltd. reported adjusted earnings of $809 million or $2.72 per share for the period.
The company's revenue for the period rose 21.7% to $4.66 billion from $3.83 billion last year.
TE Connectivity Ltd. earnings at a glance (GAAP) :
-Earnings: $751 Mln. vs. $528 Mln. last year.-EPS: $2.53 vs. $1.75 last year.-Revenue: $4.66 Bln vs. $3.83 Bln last year.
-Guidance:Next quarter EPS guidance: $ 2.65Next quarter revenue guidance: $ 4.7 B
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.