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TEL - TE Connectivity Non-GAAP EPS of $1.77 beats by $0.10 revenue of $4B misses by $50M
TE Connectivity Ltd. New Switzerland Registered Shares
2023-07-26 06:02:28 ET
TE Connectivity press release ( NYSE: TEL ): Q3 Non-GAAP EPS of $1.77 beats by $0.10 .
Revenue of $4B (-2.4% Y/Y) misses by $50M .
Order levels were $4 billion, reflecting stability across all segments.
For the fourth quarter of fiscal 2023, the company expects net sales of approximately $4 billion. GAAP EPS from continuing operations are expected to be approximately $1.63, with adjusted EPS of approximately $1.75.