SCHAFFHAUSEN, Switzerland, July 30, 2024 /PRNewswire/ -- TE Connectivity Ltd. (NYSE: TEL) ("TE Connectivity") today announced that its wholly-owned subsidiary, Tyco Electronics Group S.A. ("TEGSA"), has priced an offering of $350 million aggregate principal amount of its 4.625% senior notes due 2030. BNP Paribas Securities Corp., Deutsche Bank Securities Inc. and Goldman Sachs & Co. LLC are joint bookrunning managers for this offering, which is expected to close on August 2, 2024. TE Connectivity Ltd. (NYSE ...

| --- | --- | --- | --- | --- | --- | --- | --- | --- | |--------------------------------------|-------|--------------------------------------|-------|----------------------------------------|-------------|----------------------------------|-------|---------------| | (1) September 29, 2023 | $ | Transportation Solutions \n1,478 | $ | Industrial Solutions \n(in 3,263 | millions) $ | Communications Solutions \n722 | $ | Total \n5,463 | | Acquisition | | — | | 181 | | — | | 181 | | Currency translation and oth ...

TE Connectivity Ltd. (NYSE:TEL) Q3 2024 Earnings Conference Call July 24, 2024 8:30 AM ET Company Participants Terrence Curtin - Chief Executive Officer Heath Mitts - Chief Financial Officer Sujal Shah - Vice President, Investor Relations Conference Call Participants Amit Daryanani - Evercore ISI Wamsi Mohan - Bank of America Joe Spak - UBS Joe Giordano - TD Cowen Mark Delaney - Goldman Sachs Samik Chatterjee - J.P. Morgan Asiya Merchant - Citigroup Christopher Glynn - Oppenheimer Saree Boroditsky - Jeffri ...

TE Connectivity Third Quarter 2024 Earnings Forward-Looking Statements ("COVID-19") negatively affecting our business operations; business, economic, competitive and regulatory risks, such as conditions affecting demand for products in the automotive and other industries we serve; competition and pricing pressure; fluctuations in foreign currency exchange rates and commodity prices; natural disasters and political, economic and military instability in countries in which we operate, including continuing mili ...

GAAP operating margin expanded 320 bps year over year to 19%. Adjusted operating margin expanded 200 bps year over year to 19.3% in the reported quarter. Arista Networks' shares have gained 45.4% year to date. ANET is set to report its second-quarter 2024 results on Jul 30. TEL's initiatives to exit lower-margin and lower-growth products negatively impacted sensor sales, along with weakness in industrial markets. Adjusted earnings are projected at $1.94 per share, indicating growth of 9% year over year. The ...

For the quarter ended June 2024, TE Connectivity (TEL) reported revenue of $3.98 billion, down 0.5% over the same period last year. EPS came in at $1.91, compared to $1.77 in the year-ago quarter. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Here is how TE Connectivity perfor ...

Exhibit 99.1 NEWS RELEASE te.com TE Connectivity announces third quarter results for fiscal year 2024 Delivered EPS above guidance driven by strong margin expansion; Record year-to-date cash flow SCHAFFHAUSEN, Switzerland – July 24, 2024 – TE Connectivity Ltd. (NYSE: TEL) today reported results for the fiscal third quarter ended June 28, 2024. Third Quarter Highlights "I'm pleased that our team continued to navigate a dynamic market environment to deliver another strong quarter of performance, highlighted b ...

Delivered EPS above guidance driven by strong margin expansion; Record year-to-date cash flow Fourth Quarter FY24 Outlook expenditures less proceeds from the sale of property, plant, and equipment. These items are subtracted because they represent long-term commitments. In the calculation of Free Cash Flow, we subtract certain cash items that are ultimately within management's and the Board of Directors' discretion to direct and may imply that there is less or more cash available for our programs than the m ...

For TE Connectivity, estimates have been trending higher, thanks in part to this earnings surprise history. And when you look at the stock's positive Zacks Earnings ESP (Expected Surprise Prediction), it's a great indicator of a future earnings beat, especially when combined with its solid Zacks Rank. When the Earnings ESP comes up negative, investors should note that this will reduce the predictive power of the metric. But, a negative value is not indicative of a stock's earnings miss. If you are looking f ...

TE Connectivity (TEL) is scheduled to report its third-quarter fiscal 2024 results on Jul 24. Adjusted earnings are projected at $1.85 per share, indicating growth of 5% year over year. The consensus mark for fiscal third-quarter earnings has remained unchanged at $1.86 per share in the past 30 days, suggesting yearover-year growth of 5.08%. Let's see how things have shaped up for the upcoming announcement: TE Connectivity's fiscal third quarter performance is expected to have benefited from the well-perfor ...