BRUSSELS (dpa-AFX) - TE Connectivity Ltd. (TEL) announced a profit for its first quarter that Increases, from last year
The company's bottom line came in at $751 million, or $2.53 per share. This compares with $528 million, or $1.75 per share, last year.
Excluding items, TE Connectivity Ltd. reported adjusted earnings of $809 million or $2.72 per share for the period.
The company's revenue for the period rose 21.7% to $4.66 billion from $3.83 billion last year.
TE Connectivity Ltd. earnings at a glance (GAAP) :
-Earnings: $751 Mln. vs. $528 Mln. last year. -EPS: $2.53 vs. $1.75 last year. -Revenue: $4.66 Bln vs. $3.83 Bln last year.
-Guidance: Next quarter EPS guidance: $ 2.65 Next quarter revenue guidance: $ 4.7 B
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