GALWAY, Ireland (AP) — GALWAY, Ireland (AP) — TE Connectivity Ltd. (TEL) on Wednesday reported fiscal second-quarter earnings of $13 million.
On a per-share basis, the Galway, Ireland-based company said it had profit of 4 cents. Earnings, adjusted for pretax expenses and restructuring costs, were $2.10 per share.
The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.96 per share.
The electronics maker posted revenue of $4.14 billion in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $3.96 billion.
For the current quarter ending in June, TE Connectivity expects its per-share earnings to be $2.06.
The company said it expects revenue in the range of $4.3 billion for the fiscal third quarter.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TEL at https://www.zacks.com/ap/TEL
Copyright © 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
