TE Connectivity Projects $5.35B Q1 FY2027 Sales and Growth Driven by Data and Power Trends
TE Connectivity (NYSE: TEL) has provided forward-looking guidance for the first quarter of fiscal year 2027, anticipating sales of approximately $5.35 billion and earnings per share (EPS) of roughly $3.30. The company expects significant momentum driven by accelerating trends in data and power sectors. A key component of this growth strategy is the plan to add over $1 billion in Data, Digital, and Network (DDN) revenue during fiscal year 2027. CEO Terrence [Last Name Not Provided] noted that the company's positioning within these high-growth technological trends is creating substantial long-term opportunities.
