TE Connectivity Ltd. (TEL) reported a profit for its second quarter that Increases, from last year
The company's bottom line came in at $855 million, or $2.90 per share. This compares with $13 million, or $0.04 per share, last year.
Excluding items, TE Connectivity Ltd. reported adjusted earnings of $804 million or $2.73 per share for the period.
The company's revenue for the period rose 14.5% to $4.744 billion from $4.143 billion last year.
TE Connectivity Ltd. earnings at a glance (GAAP) :
-Earnings: $855 Mln. vs. $13 Mln. last year.-EPS: $2.90 vs. $0.04 last year.-Revenue: $4.744 Bln vs. $4.143 Bln last year.
-Guidance:Next quarter EPS guidance: $ 2.83Next quarter revenue guidance: $ 5 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.