secwatch.observer — SEC 8-K summary
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Issuer:     TE Connectivity plc (TEL)
CIK:        0001385157
Form:       8-K
Filed at:   2023-01-25T23:59:59+00:00
Accession:  0001558370-23-000486
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TE Connectivity Q1 FY23 adj EPS $1.53 beats guidance; sales $3.8B up 8% organic
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- Net sales $3.8B, up 1% reported, 8% organic YoY; Transportation +14% organic, Industrial +7%, Communications -11%.
- GAAP EPS $1.25; adjusted EPS $1.53 above guidance; impacted by $0.25 FX/tax headwinds.
- Orders $3.6B; free cash flow ~$400M; $410M returned to shareholders (dividends + buybacks).
- Q2 FY23 guidance: sales ~$3.9B (down 3% reported, +2% organic); adjusted EPS ~$1.57.
- Communications segment weakness due to inventory consumption; strong backlog in Transportation and Industrial.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1385157/000155837023000486/0001558370-23-000486-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1385157/000155837023000486/tel-20230125x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-000486

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