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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) has announced that CEO Terrence Curtin will present virtually at Baird's 2020 Global Industrial Conference on November 10, 2020, at 7:55 a.m. ET. The webcast will be available on the company's investor website, along with a replay. TE Connectivity is a $12 billion global leader in industrial technology, with around 80,000 employees and a focus on connectivity and sensor solutions.
TE Connectivity Ltd. (NYSE: TEL) reported Q4 results with net sales of $3.26 billion, a 28% sequential increase but a 1% year-over-year decline. The Transportation segment saw a notable 49% growth, driven by the auto sector. For FY20, net sales reached $12.2 billion, down 10% due to COVID-19, with GAAP EPS showing a loss of $0.78, while adjusted EPS stood at $4.26. The company generated $2 billion in cash flow and returned $1.1 billion to shareholders. Looking ahead, Q1 FY21 forecasts net sales at approximately $3.2 billion and EPS around $0.83.
TE Connectivity Ltd. (NYSE: TEL) will announce its fourth quarter and full year financial results for fiscal 2020 on October 28, 2020. The results will be shared before trading begins, followed by a conference call for investors at 8:30 a.m. ET. The call can be accessed via the company’s website or by calling the U.S. number (866) 211-4092 or (647) 689-6620 for international participants.
TE Connectivity Ltd. (NYSE: TEL) announced that CFO Heath Mitts will present at Citi's 2020 Global Virtual Technology Conference on September 9, 2020, at 9:50 a.m. ET. The presentation will be available via a webcast on the company's investor website. A replay will be accessible afterward. TE Connectivity operates globally with a revenue of $13 billion, focusing on connectivity and sensor solutions across multiple industries.
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TE Connectivity Ltd. (NYSE: TEL) has declared a quarterly dividend of $0.48 per share for the fourth quarter of fiscal year 2020. This dividend is payable on September 4, 2020, to shareholders on record as of August 21, 2020. The decision was ratified during the annual general meeting held on March 11, 2020. TE Connectivity operates as a global industrial technology leader, generating $13 billion in revenue and employing nearly 80,000 individuals worldwide.
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TE Connectivity Ltd. (NYSE: TEL) reported Q3 results with net sales of $2.5 billion, down 20% sequentially but exceeding expectations. The company posted a diluted EPS loss of $0.18, while adjusted EPS was $0.59, higher than forecasted. Cash flow from operations was $380 million and free cash flow reached $280 million. For Q4, TEL expects a sequential sales increase of 10%, driven by growth in its Transportation Solutions segment, although full-year guidance is not provided due to COVID-19 uncertainty.
TE Connectivity Ltd. (NYSE: TEL) will announce its financial results for Q3 fiscal 2020 on July 29, 2020, before market opening. A conference call for investors is scheduled at 8:30 a.m. ET, where details will be discussed. Interested participants can access the call via telephone or through the company's investor website. TE Connectivity, a global industrial technology leader with approximately $13 billion in revenue, offers connectivity and sensor solutions across various sectors, emphasizing the importance of connectivity in advancing technology and sustainability.