TE Connectivity said net sales for the fiscal 2025 Q2 quarter, ended March 28, 2025, were $4.1 billion, up 4% year over year on a reported basis and 5% organically. Adjusted EPS was $2.10, a company record and up about 13% year over year. GAAP diluted EPS from continuing operations was $0.04.

1. 01

   TE Connectivity said net sales for the fiscal 2025 Q2 quarter, ended March 28, 2025, were $4.1 billion, up 4% year over year on a reported basis and 5% organically. Adjusted EPS was $2.10, a company record and up about 13% year over year. GAAP diluted EPS from continuing operations was $0.04.

2. 02

   The company said GAAP diluted EPS from continuing operations of $0.04 for Q2 included a one-time, non-cash tax charge related to a change in tax law. Under Tax Items in the adjustments, the diluted EPS impact was $1.91, reflecting income tax expense tied to a net increase in the valuation allowance on deferred tax assets for 10-year tax credits at a Swiss subsidiary.

3. 03

   TE Connectivity said it expects net sales of about $4.30 billion for fiscal 2025 Q3, up 8% year over year. Adjusted EPS is expected to be about $2.06, and GAAP EPS from continuing operations about $2.02. The outlook includes the impact of the Richards acquisition and tariff assumptions.

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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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