TE Connectivity Exceeds Earnings and Revenue Estimates, Provides Q4 Outlook
TE Connectivity (NYSE:TEL) reported better-than-expected third-quarter earnings per share of $2.94 on revenue of $5.16 billion, which beat estimates by $0.10 and $150 million respectively. The company also noted a 90 basis point increase in adjusted operating margin to 22% year-over-year.
Topics: Earnings Financial Performance