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TE Connectivity reports Q1 earnings beat; initiates Q2 guidance

Jan. 25, 2023 6:04 AM ETTE Connectivity Ltd. (TEL) StockBy: Meghavi Singh, SA News Editor
  • TE Connectivity press release (NYSE:TEL): Q1 Non-GAAP EPS of $1.53 beats by $0.02.
  • Revenue of $3.84B (+0.5% Y/Y) beats by $80M and 8% organically Y/Y.
  • Sales above guidance driven by year-over-year growth in Transportation and Industrial segments.
  • Order levels were $3.6B with

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