Welcome to our dedicated page for TE Connectivity plc news (Ticker: TEL), a resource for investors and traders seeking the latest updates and insights on TE Connectivity plc stock.
TE Connectivity Ltd. (NYSE: TEL) is a global leader in industrial technology, creating solutions for a safer, more sustainable, productive, and connected future. Headquartered in Schaffhausen, Switzerland, and soon to be domiciled in Ireland, TE Connectivity provides a broad range of connectivity and sensor solutions that enable the distribution of power, signal, and data across various industries.
With an impressive portfolio of over 500,000 stock-keeping units, TE Connectivity serves nearly 150 countries and employs more than 85,000 people, including 8,000 engineers. These solutions support advancements in transportation, industrial applications, medical technology, energy, data communications, and home applications.
In fiscal 2024, TE Connectivity demonstrated robust financial performance, with earnings surpassing guidance due to significant margin expansions and record free cash flow. The company’s strong presence in electric vehicles (EVs) continues to drive sales growth, particularly within the Transportation segment. The Industrial segment also showed growth, driven by renewable energy, commercial air, and medical applications. Although the Communications segment faced challenges, the company is optimistic about future growth in artificial intelligence applications.
Among TE Connectivity’s recent achievements is the proposal to change its place of incorporation from Switzerland to Ireland, aimed at positioning the company for long-term success without material changes to its operations or financial results.
As a testament to its industry leadership, TE Connectivity consistently invests in mega trends such as e-mobility, renewable energy, factory automation, and artificial intelligence. These investments are crucial for driving long-term profitable growth and maintaining the company’s competitive edge.
TE Connectivity’s commitment to innovation and customer partnership is evident in its strategic initiatives and consistent delivery of value. The company’s latest financial outlook for the third quarter of fiscal 2024 projects net sales of approximately $4.0 billion, with adjusted earnings per share (EPS) of around $1.85, despite headwinds from tax and currency exchange rates.
For more detailed and up-to-date information, including recent news and investor presentations, visit www.te.com.
TE Connectivity Ltd. (NYSE: TEL) is set to release its first quarter financial results for fiscal 2023 on January 25, 2023, before market trading begins. A conference call for investors will occur at 8:30 a.m. ET, accessible via the company's website and by telephone. TE Connectivity is a leader in industrial technology, offering extensive connectivity and sensor solutions across various sectors, including transportation and medical technology, and operates with over 85,000 employees globally.
TE Connectivity Ltd. (NYSE: TEL) announced an increase in its quarterly dividend from $0.56 to $0.59 per share, effective from April 2023. This change raises the annual dividend from $2.24 to $2.36 per share. The proposal will be voted on at the Annual General Meeting on March 15, 2023. This decision reflects the company's ongoing commitment to return value to its shareholders.
TE Connectivity Ltd. (NYSE: TEL) reported robust Q4 and fiscal year 2022 results, exceeding expectations. Q4 net sales reached $4.4 billion, up 14% year-over-year, with an adjusted EPS of $1.88, reflecting an 11% increase. For the fiscal year, net sales hit a record $16.3 billion, a 9% rise, with GAAP EPS of $7.47, up 10%. The company achieved record cash flow from operating activities of $2.5 billion. Outlook for Q1 FY23 projects net sales of about $3.75 billion, showing a 2% decrease reported but 9% organic growth.
TE Connectivity Ltd. (NYSE: TEL) is set to announce its fourth quarter and full year financial results for fiscal 2022 before the market opens on Nov. 2, 2022. An investor conference call will follow at 8:30 a.m. ET, accessible via telephone and TE's investor website. The replay will be available post-call at 11:30 a.m. ET on the same day. TE Connectivity specializes in connectivity and sensor solutions across various industries, employing over 85,000 individuals globally.
TE Connectivity, a global leader in connectors and sensors, received the GreenTech Award 2022/23 from the Swiss Institute for Quality Testing for its innovations in sustainable technology. The award recognizes Swiss companies that excel in sustainability, focusing on patents and their impact on various industries. TE was acknowledged for achievements in Energy, Climate-Friendly Production, and Transportation. CEO Terrence Curtin emphasized the importance of sustainability in the company's mission and its positive global impact.
TE Connectivity Ltd. (NYSE: TEL) will have its CFO, Heath Mitts, present at Citi's 2022 Global Technology Conference on September 8 at 1:00 p.m. EDT in New York City. This event showcases TE's leadership in connectors and sensors, emphasizing their role in creating a connected future. The presentation will be available via webcast and can be replayed on the investor section of TE's website. TE Connectivity aims to innovate across numerous sectors including transportation and healthcare.
TE Connectivity Ltd. reported impressive fiscal Q3 2022 earnings, with net sales of $4.1 billion, up 7% year-over-year. Organic growth reached 11%, led by strong performance across all segments. The company received orders totaling $4.2 billion, resulting in a book-to-bill ratio of 1.02. GAAP EPS from continuing operations increased by 5% to $1.83, while adjusted EPS rose 4% to $1.86. For Q4 FY22, TE expects net sales of approximately $4.2 billion but anticipates a 25% decline in GAAP EPS year-over-year.
TE Connectivity Ltd. (NYSE: TEL) will announce its third-quarter financial results for fiscal 2022 on July 27, 2022, prior to market open. An investor conference call is scheduled for 8:30 a.m. ET on the same day. Interested participants can access the call via the company's investor website or by phone. TE Connectivity, a leader in industrial technology with over 85,000 employees globally, provides connectivity and sensor solutions across various industries including transportation and medical technology.
TE Connectivity Ltd. (NYSE: TEL) announced an increase in its share repurchase program by an additional $1.5 billion. These repurchases will be conducted in accordance with applicable securities laws and may vary based on market conditions, being subject to suspension or discontinuation without prior notice. This move reflects the company's commitment to enhancing shareholder value and could positively influence earnings per share. TE Connectivity, a leader in industrial connectivity solutions, operates globally with over 85,000 employees, ensuring that every connection counts.
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