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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