TEL - TE Connectivity Beats Q2 Earnings Estimates Sees Growth in Orders Across All Segments | Benzinga
TE Connectivity Ltd (NYSE:TEL) reported a fiscal second-quarter 2024 net sales of $3.97 billion, down by 5% year-on-year, beating the consensus of $3.96 billion.
- The net sales declined by 3% organically.
- Net sales grew by 4% Q/Q and 3% organically Q/Q.
- The adjusted EPS of $1.86 beat the consensus of $1.83.
- Orders were $4 billion, up 6% Q/Q, with sequential growth in all segments.
- Revenue from Transportation Solutions declined by 4% Y/Y to $2.38 billion, Industrial ...