TE Connectivity (TEL) Tops Q1 EPS by 15c, Lifts Outlook

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Go back to TE Connectivity (TEL) Tops Q1 EPS by 15c, Lifts Outlook

TE Connectivity Announces Financial Results for First Quarter 2017

January 25, 2017 6:00 AM EST

SCHAFFHAUSEN, Switzerland, Jan. 25, 2017 /PRNewswire/ -- TE Connectivity Ltd. (NYSE: TEL) today reported results for the fiscal first quarter that ended December 30, 2016.

First Quarter Highlights

Net sales were $3.1 billion, up 8 percent and 7 percent organically, compared to the first quarter of 2016 Orders, excluding SubCom, were $3.1 billion in the quarter, up 10 percent organically from the first quarter of 2016 Diluted earnings per share from continuing operations were $1.13, a 36 percent improvement year over year Adjusted earnings per... More