TE Connectivity reported net sales of $3.84 billion for the quarter ended December 27, 2024, flat year over year, GAAP diluted EPS from continuing operations of $1.75, and adjusted EPS of $1.95.

1. 01

   TE Connectivity reported net sales of $3.84 billion for the quarter ended December 27, 2024, flat year over year, GAAP diluted EPS from continuing operations of $1.75, and adjusted EPS of $1.95.

2. 02

   The company reported that Transportation Solutions net sales for the quarter were $2,243 million, down from $2,393 million in the prior year, while Industrial Solutions were $1,593 million, up from $1,438 million. Adjusted operating margin was 19.4% in total.

3. 03

   TE Connectivity said net cash provided by operating activities for the quarter was $878 million and free cash flow was $674 million. Free cash flow is a non-GAAP measure defined as net cash provided by operating activities minus net capital expenditures of $204 million.

4. 04

   The company said it expects net sales of approximately $3.95 billion for Q2 and adjusted EPS of approximately $1.96. It also said it returned approximately $500 million to shareholders and deployed $325 million for bolt-on acquisitions in the Industrial segment in Q1.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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