News
TE Connectivity board approves additional $1.5 billion share repurchase
TE Connectivity announces third quarter results for fiscal year 2022
Third Quarter Highlights
Net sales were $4.1 billion, up 7% on a reported basis and 11% organically year over year, with strong growth across all segments.
Orders of $4.2 billion with a book to bill of 1.02 and backlog up more than 20% year over year, reflecting continued strong customer demand.
GAAP diluted earnings per share (EPS) from continuing operations were $1.83, up 5% year over year, and adjusted EPS were $1.86, up 4% year over year.
Cash flow from operating activities was $579 million, with approximately $500 million returned to shareholders.
Issued Connecting Our World Report, which highlights 30% reduction in absolute GHG emissions in fiscal year 2021 and other ESG achievements.
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