secwatch / observer
8-K filed April 26, 2023, 7:59 PM ET ticker TEL CIK 0001385157
earnings confidence high sentiment positive materiality 0.75

TE Connectivity Q2 FY2023 sales $4.16B (+4% YoY), adj. EPS $1.65 beat guidance

TE Connectivity plc

2023-Q2 EPS reported $2.60 revenue$8,001,000,000

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

TE Connectivity plc reported third quarter of fiscal 2023 results: revenue approximately $4.0 billion, EPS GAAP EPS expected approximately $1.56; adjusted EPS expected approximately $1.65.

Period
third quarter of fiscal 2023
Revenue
approximately $4.0 billion
EPS
GAAP EPS expected approximately $1.56; adjusted EPS expected approximately $1.65
Result
guidance update
Exact text from the filing
For the third quarter of fiscal 2023, the company expects net sales of approximately $4.0 billion. GAAP EPS from continuing operations are expected to be approximately $1.56, with adjusted EPS of approximately $1.65.
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.9

TE Connectivity plc reported fiscal second quarter ended March 31, 2023 results: revenue Net sales were $4.16 billion, EPS GAAP diluted EPS $1.34; adjusted EPS $1.65.

Period
fiscal second quarter ended March 31, 2023
Revenue
Net sales were $4.16 billion
EPS
GAAP diluted EPS $1.34; adjusted EPS $1.65
Result
reported results
Exact text from the filing
Net sales were $4.16 billion, up 4% on a reported basis and 8% organically year over year. o Organic growth of 12% in the Transportation Solutions segment and 15% in the Industrial Solutions segment was partially offset by an expected decline of 20% in the Communications Solutions segment o Currency exchange negatively impacted sales by $155 million. ● GAAP diluted earnings per share (EPS) from continuing operations were $1.34 , and adjusted EPS exceeded guidance at $1.65.
View on SEC.gov

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TE Connectivity plc filing history →

Source: SEC EDGAR
accession 0001558370-23-006746
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