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TE Connectivity ( (TEL) ) just unveiled an update.
TE Connectivity has reorganized its management and segments to align with its fiscal 2025 strategy, resulting in a new structure for its Transportation Solutions and Industrial Solutions segments. This reorganization involves moving businesses from the former Communications Solutions segment into the Industrial Solutions and combining certain product lines into a new automation and connected living business. The company also provided recast financial information to reflect this new segment structure, emphasizing the use of Adjusted Operating Income to offer a clearer understanding of segment performance and market conditions.
More about TE Connectivity
YTD Price Performance: 8.57%
Average Trading Volume: 1,509,242
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $44.86B
Find detailed analytics on TEL stock on TipRanks’ Stock Analysis page.
