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TE Connectivity plc reports recurring developments as a global industrial technology company supplying connectivity and sensor solutions. Its products support the distribution of power, signal and data across transportation, energy networks, automated factories, data centers and other industrial applications.
Company news commonly covers quarterly results, guidance, adjusted operating metrics, organic sales trends, segment performance, dividends, share repurchase authorizations, annual shareholder voting and corporate responsibility initiatives. Updates also include selected technology and intellectual-property matters tied to connectivity products, including active electrical cable disputes and related settlements.
TE Connectivity Ltd. (NYSE: TEL) reported strong fourth-quarter and full-year results for fiscal 2021. Net sales reached $3.8 billion in Q4, a 17% increase year-over-year, with an operating margin expansion across all segments. GAAP diluted EPS was $2.40, a 46% increase compared to the previous year. For the full year, net sales totaled $14.9 billion, up 23%, and GAAP EPS improved to $6.77 from a loss of $0.78 in fiscal 2020. The company anticipates $3.7 billion in net sales for Q1 FY22, reflecting a 5% increase.
TE Connectivity Ltd. (NYSE: TEL) is set to announce its financial results for the fourth quarter and full year of fiscal 2021 on October 27, 2021, before the market opens. This report will be followed by a conference call for investors at 8:30 a.m. ET, accessible via telephone or online. TE Connectivity, a leader in industrial technology, focuses on connectivity and sensor solutions across multiple sectors, with a workforce of around 80,000 employees globally, including over 7,500 engineers.
TE Connectivity Ltd. (NYSE: TEL) announced a par call redemption for all outstanding 3.500% Senior Notes due Feb. 3, 2022, through its subsidiary Tyco Electronics Group S.A. The redemption date is set for Nov. 3, 2021, with the price equal to 100% of the principal amount. As of Sept. 27, 2021, $500 million of these Notes remain outstanding. A notice was sent to all holders, although this announcement does not serve as a formal notice of redemption. TE Connectivity is a global leader in industrial technology, employing around 80,000 individuals across 140 countries.
E2open (NYSE: ETWO) announced the appointment of Kari Janavitz as Chief Marketing Officer, effective immediately. Janavitz brings extensive experience from TE Connectivity (NYSE: TEL), where she was recognized for her contributions in brand building and digital marketing. Her role will involve overseeing various marketing functions to facilitate E2open's next growth phase. CEO Michael Farlekas emphasized Janavitz's innovative approach as a key asset for driving company growth, particularly in response to supply chain challenges exacerbated by recent global events.
TE Connectivity Ltd. (NYSE: TEL) reported record net sales of $3.8 billion, a 51% increase year-over-year, for the fiscal third quarter ended June 25, 2021. GAAP diluted EPS rose to $1.74, with adjusted EPS at $1.79, marking significant growth compared to the previous year. The company anticipates continued strong performance, forecasting fourth-quarter net sales of approximately $3.8 billion and adjusted EPS of $1.65. For the full year, expected net sales are $14.9 billion, a 22% increase, with adjusted EPS projected at $6.47.
TE Connectivity Ltd. (NYSE: TEL) will announce its third-quarter financial results for fiscal 2021 on July 28, 2021, before the market opens. The announcement will be followed by a conference call at 8:30 a.m. ET, accessible via telephone and TE's investor website. The company emphasizes its role as a leader in industrial technology, providing connectivity and sensor solutions across various sectors, including transportation and healthcare. With approximately 80,000 employees globally, TE Connectivity aims to foster a sustainable and productive future.
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TE Connectivity Ltd. (NYSE: TEL) announced an increase of $1.5 billion to its share repurchase program, reflecting a strong commitment to enhancing shareholder value. The repurchases will be executed in compliance with applicable securities laws through open market or private transactions. This decision is subject to market conditions and may be altered as necessary. TE Connectivity, renowned for its connectivity and sensor solutions, continues to prioritize sustainable and productive growth in various industries, ensuring 'Every Connection Counts.'
Terrence Curtin, CEO of TE Connectivity Ltd. (NYSE: TEL), will present virtually at Bernstein's 37th annual Strategic Decisions Conference on June 3 at 8:00 a.m. EDT. He will highlight the company's favorable position to benefit from global trends in electric mobility, cloud computing, and factory automation. Additionally, he will address TE's Environmental, Social, and Governance (ESG) initiatives aimed at sustainable operations and applications. A replay of the webcast will be available on TE's investor website.
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