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TE Connectivity ( (TEL) ) has provided an announcement.
On January 22, 2025, TE Connectivity announced its fiscal first quarter results, reporting net sales of $3.84 billion and an EPS of $1.95, surpassing guidance expectations. The company experienced a 6% year-over-year increase in orders, driven by its Industrial segment, and achieved record cash generation. TE Connectivity’s strategic focus on AI programs and bolt-on acquisitions, despite currency exchange challenges, underscores its commitment to growth and innovation, enhancing its market position and stakeholder value.
More about TE Connectivity
TE Connectivity plc (NYSE: TEL) is a global leader in industrial technology, specializing in connectivity and sensor solutions that facilitate power, signal, and data distribution. Their products are integral to advancing next-generation transportation, renewable energy, automated factories, data centers, and medical technology. Operating in approximately 130 countries with over 85,000 employees, TE Connectivity ensures robust connections across various industries.
YTD Price Performance: 5.45%
Average Trading Volume: 1,581,971
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $44.26B
See more data about TEL stock on TipRanks’ Stock Analysis page.
