TE Connectivity announces fourth quarter and full year results for fiscal year 2018
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TE Connectivity (TEL) Tops Q4 EPS by 2c, Revenues Miss; Offers 1Q19 EPS/Revenue Outlook Below Consensus
October 31, 2018 6:02 AM EDTTE Connectivity (NYSE: TEL) reported Q4 EPS of $1.35, $0.02 better than the analyst estimate of $1.33. Revenue for the quarter came in at $3.5 billion versus the consensus estimate of $3.65 billion.
Announced a definitive agreement to divest its subsea communications (SubCom) business; prior results have been recast with SubCom reported as discontinued operationsNet sales were $3.5 billion, up 9 percent as reported and 8 percent... More