TE Connectivity reported that net sales for Q3 were $4.5 billion, an increase of 14% on a reported basis and 9% organically. The company said this increase was driven primarily by strong growth in the Industrial segment.

1. 01

   TE Connectivity reported that net sales for Q3 were $4.5 billion, an increase of 14% on a reported basis and 9% organically. The company said this increase was driven primarily by strong growth in the Industrial segment.

2. 02

   The company reported that diluted earnings per share from continuing operations for Q3 were $2.14 on a GAAP basis and $2.27 on an adjusted basis. Adjusted items included acquisition-related costs of $0.08 and restructuring and other charges of $0.05.

3. 03

   TE Connectivity reported that cash flow from operating activities for Q3 was $1,187 million and free cash flow was $962 million. Capital expenditures, net, for Q3 were $225 million.

4. 04

   The company said it expects net sales for Q4 of approximately $4.55 billion, diluted earnings per share from continuing operations on a GAAP basis of approximately $2.18, and adjusted earnings per share of approximately $2.27. It also said it completed the Richards acquisition in the Industrial segment for $2.3 billion during Q3.

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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