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TE Connectivity (TEL): FQ1 EPS of $0.66 misses by $0.04. Revenue of $3.31B (+3.4% Y/Y) misses by...

  • Wednesday, January 25, 2012, 6:32 AM ET
    TE Connectivity (TEL): FQ1 EPS of $0.66 misses by $0.04. Revenue of $3.31B (+3.4% Y/Y) misses by $0.13B. It was a slow quarter "due to lower-than-expected demand in our Communications and Industrial Solutions segment and our Telecom Networks business." FQ2 sales and earnings likely to be similar to FQ1. (PR)
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