TE Connectivity Q1 FY22: Net sales $3.82B (+8% YoY), adjusted EPS $1.76 (+20% YoY), record quarter

TE Connectivity plc

2022-Q1 EPS reported $1.72 revenue$3,818,000,000

GAAP EPS $1.72 (+52% YoY), adjusted EPS $1.76 (+20% YoY), both first-quarter records.
Orders $4.33B (+7% YoY), book-to-bill 1.13; Industrial +18% organic, Communications +40% organic.
Transportation down 2% organic YoY due to auto production declines; partially offset by content gains.
Q2 guidance: sales ~$3.8B (+2% reported), adjusted EPS ~$1.70 (+8% YoY).
Free cash flow ~$370M; returned ~$410M to shareholders via dividends and buybacks.

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