TE Connectivity Ltd. (TEL) reported earnings for its fourth quarter that rose from last year.
The company's earnings totaled $794 million, or $2.40 per share. This compares with $230 million, or $0.69 per share, in last year's fourth quarter.
Excluding items, TE Connectivity Ltd. reported adjusted earnings of $560 million or $1.69 per share for the period.
The company's revenue for the quarter rose 17.2% to $3.82 billion from $3.26 billion last year.
TE Connectivity Ltd. earnings at a glance:
-Earnings (Q4): $560 Mln. vs. $385 Mln. last year.
-EPS (Q4): $1.69 vs. $1.16 last year.
-Revenue (Q4): $3.82 Bln vs. $3.26 Bln last year.
-Guidance:
Next quarter EPS guidance: $1.60
Next quarter revenue guidance: $3.7 Bln
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