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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.
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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.