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TE Connectivity reported better-than-expected profit in the second quarter on Wednesday and forecast upbeat revenue for the current quarter, on the back of improved operating margin at its industrial solutions unit.
Third quarter guidance reflects continued momentum and Richards acquisition GALWAY, Ireland , April 23, 2025 /PRNewswire/ -- TE Connectivity plc (NYSE: TEL) today reported results for the fiscal second quarter ended Mar. 28, 2025. Second Quarter Highlights Net sales were $4.1 billion, up 4% on a reported basis year over year and 5% organically driven by double digit growth in the Industrial segment.
Evaluate the expected performance of TE Connectivity (TEL) for the quarter ended March 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Amphenol APH and TE Connectivity TEL are well-known global manufacturers of electronic connectors, sensors, and interconnect systems, serving similar industries such as automotive, aerospace, industrial, and data communications. Per Fortune Business Insight report, the global electronic components market was valued at $393.63 billion in 2024 and is expected to grow from $428.22 billion in 2025 to $847.88 billion by 2032, with a CAGR of 10.3% over the forecast period 2025-2032.
TEL's second-quarter fiscal 2025 performance is likely to have benefited from strong growth in its order volumes and momentum in AI-driven applications.
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GALWAY, Ireland , April 9, 2025 /PRNewswire/ -- TE Connectivity, a world leader in connectors and sensors, has reduced Scope 1 and 2 greenhouse gas emissions by 80% between September 2020 and October 2024, outperforming its goal of a 70% reduction. This milestone is one example of the company's significant progress toward its long-term sustainability ambitions, detailed today in its annual One Connected World corporate responsibility report.
GALWAY, Ireland , April 2, 2025 /PRNewswire/ -- TE Connectivity plc (NYSE: TEL) will report financial results for the second quarter of fiscal 2025 before trading begins on April 23, 2025. The company will hold a conference call for investors at 8:30 a.m.
GALWAY, Ireland , April 1, 2025 /PRNewswire/ -- TE Connectivity plc (NYSE: TEL), a world leader in connectors and sensors, completed the previously announced acquisition of Richards Manufacturing Co. Richards is a North American leader in utility grid products, including underground distribution equipment. The acquisition will enable TE to capitalize on the region's grid replacement and upgrade cycle, strengthening its leadership in serving utilities and other energy customers around the world.
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