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TEL

TE Connectivity Reports Record Q3 Results

TE Connectivity PLC (NYSE: TEL) has reported strong results for the fiscal third quarter ended June 27, 2025. Net sales were a record $4.5 billion, marking an increase of 14% on a reported basis year over year and 9% organically. GAAP diluted earnings per share (EPS) from continuing operations was $2.14, up 15% year over year. Adjusted EPS was a record $2.27, an increase of approximately 19% year over year.

The company achieved record cash generation for the third quarter and year to date, with cash flow from operating activities for the quarter standing at approximately $1.2 billion and $2.7 billion year to date. Free cash flow for the quarter was $962 million and approximately $2.1 billion year to date.

TE Connectivity also completed the acquisition of Richards in the third quarter for $2.3 billion in the industrial segment and returned $1.5 billion to shareholders. The company's operating margin was 18.9%, and adjusted operating margin was a record 19.9%, driven by strong operational performance across both segments.

Looking ahead, for the fourth quarter of fiscal 2025, TE Connectivity expects net sales of approximately $4.55 billion, up 12% on a reported basis and 6% organically. GAAP EPS from continuing operations is expected to be approximately $2.18, an increase of more than 140% year over year, with adjusted EPS of approximately $2.27, up 16% year over year.

CEO Terrence Curtin attributed TE Connectivity's strong performance to the diversity of its portfolio and global positioning, highlighting the 30% sales growth in the industrial segment. The company's industrial segment's results were led by the delivery of high-speed connectivity solutions into AI applications and strong growth in the energy business. In the transportation segment, TE Connectivity increased sales despite declines in vehicle production due to its strength in Asia and innovations in long-term growth trends such as electrification and next-generation vehicle data connectivity.

As a result of these announcements, the company's shares have moved 11.17% on the market, and are now trading at a price of $200.63. Check out the company's full 8-K submission here.

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