- TE Connectivity press release (NYSE:TEL): Q3 Non-GAAP EPS of $1.77 beats by $0.10.
- Revenue of $4B (-2.4% Y/Y) misses by $50M.
- Order levels were $4 billion, reflecting stability across all segments.
- For the fourth quarter of fiscal 2023, the company expects net sales of approximately $4 billion ($4.05B consensus). GAAP EPS from continuing operations are expected to be approximately $1.63, with adjusted EPS of approximately $1.75 vs $1.67 consensus.
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